author - oman observer

MUSCAT: Energy Development Oman SAOC (EDO)—the wholly government-owned energy sector holding company—posted revenues totaling $3.776 billion for the first quarter of this year, marginally lower...

MUSCAT: Production of Liquefied Petroleum Gas (LPG) — a vital fuel source for both households and industries — surged by nearly 37 per cent to reach 1.353 million metric tonnes in 2024, up from...

MUSCAT, JULY 19 The Sur Hydrogen Cluster and Energy Transition Study – an initiative designed to support the decarbonisation of major industries in the Sur industrial hub – is set to enter the...

MUSCAT, JULY 18 Hydrom, the architect of Oman’s green hydrogen sector, has reported significant progress in the localisation of technology and manufacturing capacity linked to the vast volumes of...

MUSCAT, JULY 16 OQ Exploration & Production New Ventures LLC, a subsidiary of OQ Exploration & Production (OQEP), has signed a tripartite Exclusivity Agreement with the Omani Ministry of Energy and...

MUSCAT, JULY 15 Hydrom, the state-owned entity overseeing Oman’s green hydrogen strategy, has introduced a series of mechanisms and incentives aimed at generating stronger investor interest in the...

MUSCAT, JULY 14 Petroleum Development Oman (PDO), the largest producer of oil and gas in the Sultanate of Oman, generated approximately $22.5 billion in revenue for the government in 2024, up from...

MUSCAT, JULY 13 The Muscat Structure Plan – a blueprint for enhanced governance, future growth, and resilient development of sustainable neighbourhoods across the capital region of the Sultanate of...

MUSCAT: The contribution of solar and wind capacity to Oman’s total electricity generation more than doubled to approximately 11.5 per cent during the first five months of this year (January–May),...

MUSCAT: OQ Alternative Energy (OQAE) – the clean energy arm of integrated Omani energy group OQ – has announced plans to develop over 10 gigawatts (GW) of renewable energy production capacity...

MUSCAT: Oman’s crude oil and condensate reserves totaled around 4.825 billion barrels at the end of 2024, reflecting a decrease of 2.8 per cent compared to the previous year. Natural gas reserves...

MUSCAT: Oxy Oman, a wholly owned subsidiary of the US-based independent oil and gas firm Occidental, announced a haul of 10 new oil and gas discoveries across its expansive portfolio of eight upstream...

MUSCAT: Singapore-based Meranti Green Steel (MGS), a leading player in low-carbon steel production in the Asia-Pacific region, has announced further progress in its plans to invest in a major green...

MUSCAT: Majority Omani state-owned Oman LNG achieved a production record of 11.98 million tonnes per annum (MTPA) in 2024 – the highest in its 20-year history, the company announced this week. ...

MUSCAT: A team of scientists at Sultan Qaboos University (SQU) has completed a significant study that paves the way for identifying suitable coastal locations in Oman for sustainable cooling solutions...

MUSCAT, JULY 5 A leading Omani energy expert has described Opec+’s decision to raise oil production by 548,000 barrels per day (bpd) starting August as a “calculated risk” based on encouraging...

MUSCAT: International ratings agency Fitch Ratings has affirmed its long-term credit rating of OQ SAOC, Oman’s fully state-owned integrated energy group, at ‘BB+’ with a Positive Outlook. The...

The Omani government has unveiled a new strategic policy aimed at attracting investments into the country’s pharmaceutical sector, with the dual objective of strengthening drug security and reducing...

MUSCAT, JULY 2 Nama Power and Water Procurement Company (PWP), the sole procurer of power and water capacity in the Sultanate of Oman, has launched its fourth auction round for International...

MUSCAT, JULY 1 Oman’s Civil Aviation Authority (CAA) recently unveiled its Sandbox AAM Oman 2025 Programme at the prestigious Paris-Le Bourget International Air and Space Show (SIAE), a key...