author - oman observer

Muscat: Enegix Global, a multi-jurisdiction digital infrastructure and Bitcoin mining group, has announced that it has been appointed as the technological and liquidity infrastructure provider for...

Muscat: India is set to remain the principal destination for urea exports from Oman India Fertiliser Company (OMIFCO) following its landmark initial public offering (IPO), according to details...

Muscat: In conjunction with the development of the Marsa LNG bunkering project at SOHAR Port and Freezone, Oman’s authorities are preparing the groundwork for the procurement of an associated Solar...

MUSCAT: Marking another significant milestone in the development of Oman’s first green hydrogen project, Chinese industrial conglomerate Shuangliang Group (SLG) has announced the delivery of a major...

MUSCAT, FEB 22 General cargo volumes handled at the Port of Salalah — Oman’s principal logistics hub on the Indian Ocean — surged 17% to a record 26.4 million tonnes in 2025, driven by rising...

Production of ammonia and liquefied petroleum gas (LPG) by OQ Base Industries (OQBI) climbed to new highs in 2025, marking the latest in a succession of annual operational milestones achieved by the...

MUSCAT: Leading Omani steel pipes and tubes manufacturer Al Jazeera Steel Products Co SAOG plans to establish a pair of wholly-owned subsidiaries in the United States — one of its top global export...

MUSCAT: The Indian Farmers Fertiliser Cooperative Limited (IFFCO) – a 25% shareholder in Oman India Fertiliser Company SAOC (OMIFCO), which owns and operates a major ammonia-urea fertiliser complex...

A new joint venture formed through a partnership between Kunooz Oman Holding SAOC, a leading Omani mining company and Etex NV, a Belgium-headquartered global leader in lightweight construction...

MUSCAT: Last week’s landmark concession agreement between the Ministry of Energy and Minerals and Malaysian state-owned energy giant Petronas to explore hydrocarbons in Block 18 off Oman’s Al...

MUSCAT: Indian specialty chemicals manufacturer GFCL EV Products Limited has announced the incorporation of its wholly-owned Omani subsidiary, GFCL EV (SFZ) LLC, which plans to set up the...

MUSCAT: Seeking to build on the success of its polymer-based Plastics Cluster at Suhar Industrial City, the Sultanate of Oman is advancing plans to develop an Aluminium Processing Cluster anchored by...

CONRAD PRABHU MUSCAT: Leading international ratings agency Moody’s has revised the outlook for Oman’s banking sector (Baa3 stable) to stable from positive, citing expectations that non-oil GDP...

MUSCAT: Brazilian meat giant JBS, the world’s largest protein producer, has announced a $150 million investment in Oman — a deal that positions the Sultanate of Oman as a strategic production base...

MUSCAT: The first of three new development wells targeting the offshore Yumna Field in Block 50 off Oman’s eastern seaboard will be drilled starting next month, marking a renewed campaign to bolster...

MUSCAT: The landmark polysilicon project of United Solar Polysilicon (USP) commenced operations at the Sohar Freezone over the weekend, marking Oman’s entry into advanced high-tech and clean-energy...

MUSCAT: Having achieved a notable increase in its processing capacity, Duqm Refinery is now embarking on a number of initiatives to optimise value creation from the estimated $9 billion project...

MUSCAT: Oman Investment Authority (OIA) is increasingly channelling capital into high-potential non-energy sectors — from logistics and manufacturing to tourism and digital industries — in support...

Leading Chinese wind turbine manufacturer Goldwind has announced the successful installation of the first wind turbine at the Riyah-2 wind farm project in Nimr West in Dhofar Governorate — the first...

MUSCAT: UK-based upstream energy company Genel Energy has announced the successful completion of the re-entry and workover of the Batha West-1 (BW-1) well in Block 54 in Oman’s Al Wusta Governorate...