author - oman observer

MUSCAT, AUG 13 Block 61 – one of Oman’s largest gas blocks, currently accounting for around one-third of the country’s total gas production – is the focus of a new initiative to uncover...

MUSCAT, AUG 12 Oman Fisheries Company (OFC), one of the Sultanate of Oman’s largest and oldest fish processing companies, has secured a new fishing license from the Omani government with an annual...

MUSCAT, AUG 11 Pressing ahead with its carbon capture and CCUS ambitions, OQ Gas Networks (OQGN) – the majority state-owned operator of Oman’s gas transportation infrastructure – has identified...

MUSCAT, AUG 10 In its first major action since being established by Royal Decree last November, the Oman Endowment Foundation (OEF) has invited local and international real estate developers to submit...

MUSCAT: A major hydrocarbon discovery announced recently by US energy major Occidental (Oxy) in one of its concessions in north Oman is undergoing production testing, alongside an evaluation of its...

MUSCAT: Leading international credit ratings agency Fitch Ratings has affirmed the Long-Term Issue Default Rating (IDR) of Energy Development Oman SAOC (EDO) — the wholly government-owned energy...

MUSCAT: The recent decision by eight OPEC+ countries—including the Sultanate of Oman—to implement a 547,000 barrels per day (bpd) production adjustment has been described as “sound” and...

MUSCAT: Global integrated energy group TotalEnergies recently celebrated the laying of the keel for a new LNG bunker vessel, which will be deployed at SOHAR Port and Freezone in the Sultanate of Oman...

MUSCAT: OQ Gas Networks (OQGN), the majority state-owned natural gas pipeline operator, has announced significant progress in its mandate to roll out dedicated pipelines for green hydrogen and carbon...

MUSCAT: Omani tech specialist United Engineering Services (UES) has announced the signing of a Memorandum of Understanding (MoU) with China’s Sungrow Hydrogen Sci & Tech Co for the establishment of...

MUSCAT: Crude oil output based on Enhanced Oil Recovery (EOR) technologies is projected to account for a significant 28% of Petroleum Development Oman’s (PDO) total annual crude oil production by...

MUSCAT: US-based climate innovation tech venture Sense, known for its leadership in smart energy solutions, will establish a Research & Development (R&D) facility in Oman to support the deployment of...

MUSCAT, AUG 2 Tech giant Google’s recent strategic partnership with Italian energy storage firm Energy Dome holds promising implications for the Sultanate of Oman’s clean energy ambitions,...

MUSCAT, August 1 Asyad Shipping Company SAOG, Oman’s majority state-owned maritime transportation company, says it has invested in excess of $64 million in a range of initiatives aimed at reducing...

MUSCAT, JULY 30 Petroleum Development Oman (PDO) – the largest producer of hydrocarbons in the Sultanate of Oman – kicked off the execution of oil and gas projects valued at around $1 billion in...

MUSCAT, JULY 29 Singapore-headquartered low-carbon steel manufacturer Meranti Green Steel (MGS) is firming up plans to establish a Hot Briquetted Iron (HBI) facility at the Special Economic Zone...

MUSCAT, JULY 28 Omani drone startup SERB, backed by the Oman Investment Authority (OIA) through Future Fund Oman (FFO), plans to onboard 5,000 drone pilots as part of its mission to build a...

MUSCAT, JULY 27 Oman Tank Terminal Company (OTTCO), a subsidiary of OQ – the Omani government–owned integrated energy company – has been designated as a ‘National Champion’ for central green...

MUSCAT: With the Sultanate of Oman just months away from commissioning its $1.6 billion polysilicon production facility in SOHAR Port and Freezone, Oman is set to rank second only to China as one of...

MUSCAT: Oman is emerging as a regional leader in natural gas development, with expansion activities underway across the entire value chain—upstream, midstream, and export—according to the latest...