Ministry of Oil and Gas (Oman)

History

Function

1. Drawing and implementing studies, plans, and policies for ensuring the optimum exploitation of oil and gas wealths.
2. Managing and supervising the surveys necessary for the oil and gas resources and managing and supervising the economic studies necessary for any project relating to their exploitation.
3. Supervising all the activities relating to the exploration, excavation, and production of oil and gas by concession holding companies.
4. Studying international oil and gas markets to develop marketing policies for the production of oil and gas.
5. Concluding agreements with specialized companies and supervising the implementation of these agreements.
6. Safeguarding the interests of the Sultanate when dealing with companies working in the field of oil and gas production and ensuring that these companies abide by Omani laws.
7. Managing and supervising government investment in the Sultanate in the fields of oil and gas.
8. Preparing draft laws and regulations necessary for the fields of oil and gas.
9. Representing the Sultanate at international venues relating to oil and gas.
10. Training its staff to undertake the responsibilities of the ministry.
11. Implementation of the to validate & certify all Suppliers to the 19 Omani Oil & Gas Operators in the country.

    Structure