The oil and gas sector continues to dominate the overall structural character of Oman’s economy. Oil is its most important factor and it is the oil industry that serves as the catalyst for growth in gross domestic product (GDP). The gas sector, on the other hand, is the core of the government's economic growth strategy and huge efforts are being made to turn natural gas into a thriving export industry.

Oman’s burgeoning demand for oil and gas has stimulated the need for large-scale exploration and expansion projects and investments to help boost production.

Presently, with major oil and gas companies continuously building their  infrastructure and pipeline networks and with the government investing in billion-dollar projects to deliver the Middle East region’s requirements, the country has become a more competitive economy in which to do business.

Sustaining Oil and Gas Production
With an aim to increase daily output, cut cost through advanced technology, and to attract new international companies, the government, through the Ministry of Oil and Gas, is seeking ways to boost oil and gas production.  Currently, it is uncovering new oil and gas reserves and optimizing output from existing fields through the application of Enhanced Oil Recovery (EOR) techniques and other modern exploration and production technologies.