After a period of oil price volatility and drop in crude oil output, Oman’s hydrocarbons industry is set to rebound with new exploration, expanding gas production and private sector investment buoyed by the gradual recovery of oil prices.
With decades of experience of the industry, AMJ’s oil and gas specialists support national and international oil and gas companies, E&P companies, oil services companies and contractors, government, government agencies, equity providers and lenders on all aspects of the oil and gas supply chain in Oman. Our oil and gas expertise spans upstream, downstream and midstream, including developing and financing LNG projects, conventional and unconventional gas, refinery and petrochemical projects. We advise clients on oilfield service arrangements, PSAs, concession agreements, EPC and other construction agreements, building and financing of pipelines and dispute resolution in every forum. In 2018, AMJ’s oil and gas team has been at the forefront of an upswing in acquisitions of interests in Oman’s oil blocks, and a new investment in a gas block.
Our integrated practice advises clients on strategic joint ventures, project development, M&A, funding (equity, debt and Islamic financing), construction and engineering and dispute resolution. All of these transactions are supported by our market leading experts in areas such as taxation, regulatory, real estate, environment and employment as matters arise during the lifecycle of oil and gas investments. Recent work includes advising on the structuring and financing of the Salalah LPG Extraction Project, the $728m Salah Methanol syndicated project financing, and the development, construction, operation and financing of the state-of-the-art Duqm petrochemicals refinery.