Oman emerges as unexpected beneficiary of OPEC crude oil output cuts amid Chinese demand

The Oman crude complex has strengthened to a more than two-month high against Dubai on the back of strong demand from Chinese independent refiners, which recently received their crude import quota for 2017, traders said Wednesday.

Boskalis Wins LOI for Omani Port Development Project

Dutch dredging and maritime company Royal Boskalis Westminster N.V. has received a Letter of Intent to Award a contract for the development of the port of Duqm in Oman.

Oman Shipping signs 3-year deal with Shell

Oman Shipping Company (OSC) announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years.

Oman says new refinery capacity to cut crude oil exports

Oman’s crude oil exports will drop by about 50,000 barrels per day when new refining capacity comes onstream in the northern city of Sohar by early 2017, Minister of Oil and Gas Mohammad bin Hamad al-Rumhy said on Wednesday.

Oman Shipping Co scores $180m profit in 2015

Oman Shipping Company (OSC) made net profits of $180m in 2015, and will use them to develop and expand the business, after the oil glut increased the quantity of product requiring transportation.

OSC launches Oman - UAE feeder service

Oman Shipping Co (OSC) is taking on road transport in the country with a new feeder service that links all...

Oman’s Salalah signs MoU to grow Iranian ports

Oman’s Port of Salalah has signed a Memorandum of Understanding (MoU) for co-operation with Iran’s Shahid Rajaee and Chabahar Ports. ...