The mining sector in the Sultanate of Oman has been experiencing positive changes in regulations and laws, attracting both foreign and local investments. ARA Petroleum, a subsidiary of Zubair Corporation, is one such company that focuses on oil exploration and production within and outside Oman. The company aims to assess and develop oil and gas resources in Oman as well as abroad. CEO Sultan bin Obaid Al Ghaithi highlighted the importance of accompanying mining areas with related industries such as iron and chromium, adding value to the production of geological resources in Oman.
ARA Petroleum has completed studies in the Wilayat of Mahout, specifically in the “C 51” area, with a focus on lithium and potash exploration. Water wells are currently being drilled in search of lithium, with plans to expand operations in the mining sector in the coming years. The company has been engaged in oil and gas production in Oman for nearly a decade, producing around 18,000 barrels per day from various oil fields. With an investment of approximately USD 150 million, ARA Petroleum aims to increase production to 35,000 barrels per day by 2028.
Modern technology plays a significant role in ARA Petroleum’s operations, with upcoming projects focusing on renewable energy usage and carbon emission reduction techniques. The company has a solar energy project in the Qarat Al-Milh area in the Wilayat of Adam, which involves water purification operations related to oil and gas production. This project, with an investment cost of 3 million US dollars, is expected to be completed soon. The company also has a strong focus on nationalization, with a high percentage of national employees accounting for 95% of the workforce.
In addition to its operations in Oman, ARA Petroleum has expanded its presence internationally, particularly in the Republic of Tanzania. The company has achieved the first onshore gas discovery in Tanzania, with gas production expected to reach between 140 million to 200 million cubic feet by late 2025. ARA Petroleum’s success in both domestic and international operations reflects its commitment to innovation, sustainability, and growth in the mining sector.
In conclusion, the mining sector in Oman is witnessing significant advancements, with companies like ARA Petroleum leading the way in exploration, production, and sustainable practices. With a strong focus on technological innovation, nationalization, and international expansion, ARA Petroleum is poised to continue making a positive impact in the mining industry, both in Oman and beyond. The company’s dedication to adding value to geological resources and promoting renewable energy projects underscores its commitment to long-term growth and development in the sector.
