author - oman observer

MUSCAT: Wholly Omani-owned Asyad Shipping has announced plans to expand its shipping lines to Indonesia, a move that is expected to strengthen the company’s position in the global shipping industry....

The Sultanate of Oman has emerged as one of the world's top exporters of fertilisers in recent years, thanks to its abundant reserves of natural gas and strategic location. The country's fertiliser...

MUSCAT: Duqm Refinery project, OQ8, has been making steady progress, with a total completion rate of 98.10% as of May 2023. The project has been a major undertaking for Oman and has been designed to...

MUSCAT: The Port of Salalah has been ranked the second most efficient container port in the world in the 3rd edition of global Container Port Performance Index (CPPI) developed by the World Bank and...

In line with its Vision 2040, Oman is moving away from one-sided socio-economic development dependent on oil and gas towards a diversified, inclusive, equitable and sustainable national economy. To...

The Sultanate of Oman says it is keen to supply green energy in the form of renewable hydrogen or its derivatives to Switzerland. This was announced by the Omani Minister of Energy and Minerals, Salim...

Moody's Investors Service, a leading global credit rating agency, has upgraded corporate family ratings of seven government-related issuers (GRIs) domiciled in the Sultanate of Oman to Ba2 from Ba3...

The Sultanate of Oman has emerged as among the top ten liquefied natural gas (LNG) exporters in the world, driven by a surge in demand for clean energy sources. The country's LNG exports reached a...

In recent years, the jewellery industry in Oman has experienced a significant boost in both imports and exports. According to the preliminary data released by the National Centre for Statistics and...

The Sultanate of Oman is among the top destinations for China's overseas direct investment. This marks a significant development in the economic relationship between the two countries and bodes well...

MUSCAT, MAY 13 In line with Oman Vision 2040, the Sultanate of Oman is moving away from one-sided socio-economic development dependent on oil and gas towards a diversified, inclusive, equitable and...

MUSCAT, MAY 10 Marine fuel trading firm O Bunkering has signed an agreement with Marsa Al Duqm Investments Company — a subsidiary of Fisheries Development Oman — to build and operate a bunkering...

Belgian-based international renewable energy and marine infrastructure firm DEME is starting a pilot project for the certification of green hydrogen it plans to produce in the Sultanate of Oman. The...

Energy giant bp made a significant contribution to Oman’s natural gas production, producing 546.2 billion cubic feet (bcf) of gas in 2022. This achievement was the result of bp’s long-standing...

Duqm, a coastal town in Al Wusta Governorate in the Sultanate of Oman, is becoming a global hub for direct-reduced iron (DRI) production, attracting investments from steel industry players around the...

MUSCAT, APRIL 30 Sohar Port and Freezone, a key economic hub in the Sultanate of Oman, is currently contributing around RO 600 million per annum to the country's Gross Domestic Product (GDP), Jasper...

OQ, the global integrated energy group of the Sultanate of Oman, is eyeing growth opportunities in China's increasingly open market and green industry, OQ chief executive of commercial & downstream,...

Singapore-headquartered Rex International, the majority shareholder in Masirah Oil Limited, said it is eyeing a significant production boost for its Oman asset — offshore Block 50 — based on its...

MUSCAT: The Sultanate of Oman has been ranked 43rd out of 139 economies around the globe in the World Bank’s 2023 Logistics Performance Index, signalling that the country is able to maintain its...

MUSCAT: Leading greentech company, Envorem, has successfully piloted in Oman a new technology to treat sludge and oil-contaminated soil. UK-based Envorem processed sludge extracted from a pit and...