Oman seeking to maintain or boost oil output It has 5.2 billion in oil reserves, 24 Tcf of gas reserves Oman, Iran forming technical team for gas pipeline project Oman has made new oil discoveries that will help boost its output between 50,000 to 100,000 b/d in two to three years, the country’s energy minister said, as the Gulf producer ramps up exploration for oil and natural gas. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Oman is boosting exploration activities to help maintain or even boost production of oil and condensate, depending on market needs, Mohammed al-Rumhi told state-run Oman News Agency in a report published June 4. He didn’t disclose details about the new discoveries. Currently, Oman has 5.2 billion in oil reserves and 24 Tcf of gas reserves, he added. Oman is seeking to boost its oil and gas […]