News

Occidental Petroleum’s OXY global upstream footprint plays a pivotal role in driving its growth and resilience. International ...
During the event, Oxy Oman also unveiled its new In-Country Value (ICV) logo and identity, "Oxy ICV," with the tagline "Local Excellence. Global Reach." Additionally, “ICV Champions” which is pivotal ...
Galfar Engineering & Contracting has been awarded a five-year civil works contract with an optional two-year extension from petrochemical giant Occidental Oman worth $48 million (OMR18.5 million). In ...
Oman-based Galfar Engineering & Contracting has announced that it has secured a civil works contract from Occidental Oman (Oxy) worth RO18.5 million ($48 million). The entire work will be ...
Barclays analyst Betty Jiang maintained a Hold rating on Occidental Petroleum (OXY – Research Report) today and set a price target of $73.00. The company’s shares closed yesterday at $63.15 ...
Occidental Petroleum Corp subsidiary Oxy Oman and the natural gas transport company OQ Gas Networks SAOC (OQGN) have signed a memorandum of understanding (MoU) to jointly study potential carbon ...
Occidental Petroleum produced 6,000 boe/d in a near-field exploration well production test in Block 65, Oman, the company said in its second-quarter 2023 earnings call.
US giant Occidental Petroleum has drilled a near-field exploration well in Oman’s onshore Block 65, delivering an impressive 6000 barrels of oil equivalent per day on a production test, said ...
Wall Street’s Take. According to Wall Street analysts, OXY earns a Moderate Buy analyst consensus based on eight Buy ratings, three Hold ratings, and two Sell rating in the past 3 months.
Royal Dutch Shell plc’s (RDS.A) subsidiary Shell Integrated Gas Oman BV and its partners have agreed to develop and produce natural gas from block 10 of the Saih Rawl gas field under a ...
Occidental was also recently awarded three new exploration blocks, more than doubling its land position in Oman to 6 million gross acres. The ICV contribution of Oxy’s contractors reached 49 per cent ...
Oxy carried out front-end engineering and design (FEED) at Al Hosn on debottlenecking in 2020, with a final investment decision (FID) due this year. It expects this project to come online in 2023.