ARA Petroleum

ARA Petroleum is a new, dynamic entrant to the E&P industry in Oman. The company seeks to develop oil & gas resources in Oman as well as abroad. The company is managed by an experienced, professional and committed team with a track record gained from working throughout the world. ARA Petroleum will utilize the latest technologies to ensure the hydrocarbon assets are operated optimally and the recovery of oil & gas maximized. ARA Petroleum will commit to developing young Omani talent under the supervision of internationally trained mentors. ARA Petroleum will collaborate with other Zubair Corporation initiatives to maximize the In-Country-Value of its operations in Oman. ARA's primary strategy is to concentrate on projects where hydrocarbons have already been found but where uncertainty in volumes or production strategy persist. ARA's in-house expertise aims to deliver results in a financially and socially responsible manner accounting for the various needs of all stakeholders. In the medium- to long-term, ARA plans to have 50% of its portfolio in Oman and 50% international while maintaining its commitment to being a significant employer of technical experts in Oman, with significant growth in both business segments expected in the near-term.