Oman LNG announced the signing of a six-year turnaround maintenance services contract with Bahwan Engineering Company (BEC) on Monday. "This strategic partnership is designed to ensure efficient and reliable
Oman LNG in collaboration with its shareholders, approved the extension of the company’s operations beyond 2024 that linked these key agreements for a period of 10 years from 2025 to 2034 for Oman LNG and 2026 to 2029 for Qalhat LNG.
As a result of these deals, Oman LNG secured sales term commitments up to 10.4 mtpa through the execution of term sheet agreements with several buyers and shareholders, expanding the company’s footprint into new regions across Asian and European markets.
Earlier this year, Oman LNG signed a 10-year SPA with its shareholder TotalEnergies for 0.8 mtpa of LNG from 2025, and a 10-year SPA with Botas for 1 mtpa of LNG.
Oman LNGsigned a 10-year SPA for 1.6 mtpa of LNGwith its shareholder Shell, and it also signed a 10-year SPA for 0.8 mtpa of LNG with Japan’s Jera,
The LNG producer and German gas importer Securing Energy for Europe (SEFE) also finalized their previously announced LNG deal for 0.4 mtpa of LNG between 2026 and 2029.
Most recently, Oman LNG signed a 4-year sales and purchase agreement with a unit of Thailand’s PTT and with Japan’s Kansai Electric Power.
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