Gas on the rise in Oman
Expanding upstream investment is boosting Oman’s thriving gas sector
From being a country in danger of falling off the global energy map as the rate of new oil discoveries slowed, Oman today is attracting some of the biggest names in the business, with BP and Italy’s Eni joining long-time stalwarts Shell and Total in developing the Mid-East Gulf nation’s upstream. The attraction these days is the prospect of developing new gas reserves. “Gas is on the rise in Oman, and this transition is very timely. Oil output declines over the last two years may indicate a point of no return for Omani oil, but the country’s sliding oil production is set to be replaced by gas”, writes Aditya Saraswat of analysis firm Rystad. Shell (with a 75pc share) and Total (with 25pc)
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
