author - oman observer

MUSCAT: Oman Investment Authority (OIA) is increasingly measuring the success of its investments not only by the financial returns they generate, but also by the economic value they create inside the...

Al DUQM: Two new wind energy projects are under development at the Special Economic Zone at Duqm (SEZAD) as part of the Duqm City Renewable Energy initiative spearheaded by Naqaa Sustainable Energy, a...

MUSCAT, AUGUST 17 OQ Base Industries (SFZ) SAOG (OQBI), a majority Omani state-owned company, reported a sharp improvement in financial performance for the six months ended June 30, 2026, with...

Global credit ratings agency Fitch Ratings has affirmed Energy Development Oman (EDO) at an investment-grade 'BBB-' with a Stable Outlook, underscoring the strategic importance of the...

  MUSCAT: The maiden call of MSC Loreto, one of the world's biggest ultra-large container vessels (ULCVs), at the Hutchison Ports Sohar container terminal has highlighted the growing...

  MUSCAT: Indian renewable energy consulting and engineering firm SgurrEnergy is evaluating the establishment of a dedicated office in Oman as it seeks to support the Sultanate of Oman 's...

MUSCAT: Omani oilfield services company Abraj Energy Services has reported a record contract backlog of RO 953 million as it continues to expand its drilling fleet and strengthen its regional...

MUSCAT: Oman’s clean hydrogen development drive has gained international recognition with Hydrom joining the Hydrogen for Development Partnership (H4D), a global initiative led by the World Bank...

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...