Welcome to MEM

The role of the Ministry is to develop and exploit the natural resources in Oman.

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Vision and Mission

The development and exploitation of energy ( Oil, Gas and renewable energy) and mineral resources with high efficiency and innovation to support the national economy

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Coming events

COMEX Global Technology Show 2024

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journey mem
journey mem
journey mem
journey mem

MEM Journey

Petroleum and minerals sector in the Sultanate of Oman has evolved tremendously since the ascension of His Majesty Sultan Qaboos bin Said, may God rest his soul, to power in 1970. The year 1925 has marked the beginning of the petroleum exploration operations in Oman, with the first shipment of oil 1967. Later in 1971, the Ministry of Economy was established, which was mainly based at that time on the Petroleum sector.

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Daily Oil Price

$/Barrel

Average Oman Crude Oil Price
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Annual Reserves Gas
K

Barrels/Day

Average Annual production of Crude Oil and Condensate
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Annual Production of Minerals

Million cubic feet/day

Average Annual production of Natural Gas
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Producing Fields

Million barrel

Annual Total crude oil and condensate reserves
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Annual Total natural gas reserves

Trillion Cubic Feet

Annual Total natural gas reserves
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Annual Reserves Oil

Field

Annual total number of producing fields
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Annual Reserves Gas

Million metric tonnes

Annual Total Minerals Production
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News

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