10 projects underway to boost Oman’s gas transportation capacity: OQGN
MUSCAT, MARCH 12 OQ Gas Networks (OQGN), the majority state-owned operator of Oman’s gas transportation network, is currently implementing a portfolio of ten projects to expand capacity and meet...
Solar power for new Barka-5 desalination plant in Oman
MUSCAT, MARCH 11 Omani potable water producer GS Inima Barka-5 Desalination Co SAOC has announced the signing of a Power Purchase Agreement (PPA) that will pave the way for solar power to meet part...
Oman’s OQAE has 7GW of clean energy projects under development
MUSCAT, MARCH 10 OQ Alternative Energy (OQAE), designated a National Champion by the Ministry of Energy and Minerals, is presently developing a portfolio of clean energy projects with an aggregate...
BlackRock makes Oman foray with indirect stake acquisition in Hutchison Ports
MUSCAT, MARCH 9 Global asset manager BlackRock is set to make its debut in the Sultanate of Oman with the indirect acquisition of a major stake in Hutchison Ports Sohar, the owner and operator of...
Automatic ship identification mandatory in Oman’s waters
MUSCAT: Oman’s authorities have made it mandatory for all ships – commercial as well as wooden dhows – to keep their Automatic Identification Systems (AIS) in operational mode when traversing...
Omani-Malaysian JV wins Suhar drug rehab PPP project
MUSCAT: Al Salwa Care and Health Services LLC, a joint venture between Omani investor Neem Projects and Malaysian addiction treatment services operator Solace Asia, has been awarded the Omani...
Climate change threatens Oman’s agricultural biodiversity, warns expert
MUSCAT: Global warming and the resulting climate change can severely impact Oman’s agricultural biodiversity, a leading Omani environmental expert has warned. Dr Malik al Wardy, Director of the...
Oman’s OQBI achieves record production in 2024
MUSCAT: OQ Base Industries (SFZ) SAOG (OQBI), the majority Omani state-owned integrated producer of methanol, ammonia and LPG, achieved record output in 2024, capping a year of significant milestones...
Policy reforms to boost Oman’s renewables-focused electricity market
MUSCAT: New policy initiatives unveiled recently by the Ministry of Energy and Minerals are designed to pave the way for a more decentralised, efficient and sustainable electricity market that...
Mineral exports boost Salalah Port’s general cargo volumes in 2024
MUSCAT: Port of Salalah, one of the world’s largest transshipment ports, has recorded a 10 per cent rise in general cargo volumes handled during 2024, underscoring the gateway increasingly prominent...
Uzbek-Oman JV’s assets under management grow to $280 million
MUSCAT: Reflecting a strong uptick in bilateral and investment ties between the two countries, Uzbek-Oman Investment Company (UzOman) — a joint investment fund set up by the sovereign wealth funds...
IGC launches Oman’s first gas spot sale of 2025
MUSCAT: Integrated Gas Company (IGC), the sole aggregator and supplier of natural gas in the Sultanate of Oman, has invited bids for its first spot sale of natural gas for the current year. A Request...
Oman’s HyDuqm GH2 project targets $7-8bn investment
MUSCAT, MARCH 1 Investments in HyDuqm – a major green hydrogen (GH2) project envisaged for implementation in Oman’s Al Wusta Governorate – are estimated to total around $7 – 8 billion at full...
Oman’s first green hydrogen project FID in 2026-27
The first Final Investment Decision (FID) is anticipated during the 2026-27 timeframe by one of the consortiums awarded mandates to develop green hydrogen (GH2) projects in the Sultanate of Oman. As...
New gas output from Oman’s’ Block 61 to fuel 4th LNG train project
Block 61, one of Oman’s biggest gas blocks accounting for nearly a third of the country’s natural gas production, is now the focus of renewed efforts to unearth additional reserves that could...
Major Omani poultry farm to ramp up broiler chicken output
MUSCAT, FEB 25 A’Saffa Foods, one of the largest poultry producers in the Sultanate of Oman, has announced plans for a significant expansion of its broiler chicken production facilities at Thamrait...
First large-scale energy storage project advances
MUSCAT, FEB 24 Key agreements are set to be signed soon, paving the way for the establishment of the first commercial-scale energy storage project in the Sultanate of Oman. The agreements will build...
Asyad Shipping eyes new contracts from Oman’s 4th LNG train project
MUSCAT, FEB 23 Omani state-owned maritime transportation company Asyad Shipping — part of Asyad Group — sees new business opportunities emerging from the proposed addition of a new LNG train at...
Oman’s biggest PET recycling plant targeted for Q3 launch
MUSCAT: Oman’s biggest PET recycling project is slated for launch in the third quarter of this year, potentially unlocking an effective and sustainable solution to the longstanding problem of...
Vietnam-Oman Fund eyes cooperation in food security, logistics
MUSCAT: A high-level delegation representing Vietnam Oman Investment (VOI), a joint venture between Oman Investment Authority (OIA) and the State Capital Investment Corporation of Vietnam (SCIC), was...