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Masirah Oil to start three-well drilling program at Oman’s Yumna field in May

Oil & Gas
April 6, 2026

April 06, 2026

(WO) — Masirah Oil plans to begin drilling a three-well development program at the offshore Yumna field in Oman in May 2026, advancing activity in Block 50.

The company, a subsidiary of Rex International, operates the block with a 100% working interest.

The program will focus on development drilling aimed at supporting production from the Yumna field, which lies offshore Oman.

The updated timeline reflects ongoing planning and preparation for the campaign, as operators in the region continue to advance offshore development projects.

The Yumna field remains a key asset within Block 50, where Masirah Oil is progressing efforts to optimize output and further delineate resources.

Oil & Gas
September 4, 2026

China Rare Earth Firms Freeze U.S. Exports Weeks Before Xi-Trump Summit

Despite having secured export licenses, some Chinese rare earth producers have stopped shipping these materials to the United States over fears of repercussions from China’s authorities, sources familiar with the…

Oil & Gas
September 4, 2026

India Plans Mandatory Battery Storage at Solar and Wind Projects

India’s authorities plan to introduce, from July 1, 2027 a regulation requiring developers of solar and wind energy projects to have battery storage installed at the sites in a bid…