Companies
Energy Development Oman
Oman · Oil & gas (upstream) · State-owned · Founded 2020 · Muscat
Energy Development Oman SAOC, which now presents itself as Energy Oman, was established on 3 December 2020 and registered by Royal Decree 128/2020 as a company wholly owned by the Government of Oman, according to Note 1 of its 2025 consolidated financial statements. In 2021 it took over the participating interests in the Block 6 oil and gas operations from the Ministry of Energy and Minerals; its website says it owns 60% of the Block 6 oil concession, 100% of the Block 6 non-associated gas concession and 100% of Hydrogen Oman (Hydrom). Its March 2026 investor presentation gives 2025 revenue of about US$14.8 billion. Its website names Salim bin Nasser Al Aufi, Minister of Energy and Minerals, as chairman, and Mazin bin Rashid Al Lamki as Chief Executive Officer, appointed in December 2021.
Verified · updated 24 Oct 2026
Key facts
$14.8 bn
Revenue
Line as printed: “$14.8bn ... 2025 Revenue”
Energy Development Oman — investor presentation, March 2026·FY2025·source dated 2 Mar 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- majority shareholder ofPetroleum Development Oman (PDO)· 60%
Petroleum Development Oman — Sustainability Report 2024, 'Sustainable Energy, Sustainable Future' ↗·as of 31 Dec 2024·read on 24 Oct 2026·updated 24 Oct 2026
- Chairman:Salim bin Nasser Al AufiEnergy Oman (Energy Development Oman) — website, About us and Arabic home page · read on 24 Oct 2026 ↗
- Chief Executive Officer:Mazin bin Rashid Al LamkiEnergy Oman (Energy Development Oman) — website, About us and Arabic home page · read on 24 Oct 2026 ↗
Key people
- Mazin bin Rashid Al Lamki · Chief Executive Officer, Energy Development Oman
- Salim bin Nasser Al Aufi · Minister of Energy and Minerals; Chairman, Energy Development Oman