Market Size of Oman Oil And Gas Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.36 Billion |
| Market Size (2029) | USD 4.93 Billion |
| CAGR (2024 - 2029) | 2.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Oman Oil and Gas Market Analysis
The Oman Oil And Gas Market size is estimated at USD 4.36 billion in 2024, and is expected to reach USD 4.93 billion by 2029, growing at a CAGR of 2.40% during the forecast period (2024-2029).
- Over the medium term, the country's increasing oil and gas exploration, production activities, and infrastructure developments are expected to drive the market during the forecast period.
- On the other hand, the increasing adaption of alternate clean energy sources is expected to restrain market growth.
- Nevertheless, the increasing offshore exploration and production activities are expected to create significant opportunities in the market during the forecast period.
