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Oman Oil Production Enhanced With New Techniques

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Hira Shahnawaz Akhtar
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Oman is the largest oil producer in the Middle East who is not a member of the Organization of Petroleum Exporting Countries (OPEC). Oman is a mature oil producer but ran across some troubles with oil extraction in recent years. However, with the application of modern oil extraction techniques, the country was able to avoid a decline in production.

Oman Oil Production Enhanced With New Techniques

Oman's crude oil production

Oman saw its crude oil production peaking in the year 2000 when the crude oil production touched 970,000 barrels per day (bblpd). The production started declining after that time and dropped to 710,000...

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.