We present a hybrid waveguide-fiber optical parametric oscillator (OPO) exploiting degenerate four-wave mixing in tantalum pentoxide. The OPO, pumped with ultrashort pulses at 1.55 µm wavelength, generated tunable idler pulses with up to 4.1 pJ energy tunable center wavelength between 1.63 µm and 1.68 µm. An upper bound for the total tolerable cavity loss of 32 dB was found, rendering a chip-integrated OPO feasible as a compact and robust light source.