author - oman observer

MUSCAT, JAN 27 Australian seismic data processing specialist Searcher has announced the start of a new phase of seismic data reprocessing covering large swathes of the Sea of Oman in preparation for...

MUSCAT, JAN 26 Asyad Shipping, the ocean-going maritime transportation arm of Oman’s integrate logistics business Asyad Group, envisions investments totalling between $2.3 billion and $2.7 billion...

MUSCAT, JAN 25 South West Pinnacle Exploration Limited (SWPEL), an integrated mining services provider offering end-to-end drilling and exploration services, has announced its participation in an...

MUSCAT: The International Monetary Fund (IMF) has lauded Oman’s economic progress, bolstered by strong hydrocarbon revenues and steadfast reform efforts. The upbeat assessment came in a report on...

MUSCAT, JAN 21 Brazilian mining giant Vale says its iron ore pelletising plant at Sohar Port will be powered by renewable electricity by 2030, in line with a commitment by the parent organization...

MUSCAT, JAN 20 The Ministry of Agriculture, Fisheries and Water Resources has announced the start of work on a unique marine farmed fish project that harnesses Recirculating Aquaculture System (RAS)...

MUSCAT: Marking another significant milestone in the development of Oman’s first green ammonia project, leading Chinese electrolyser maker Sungrow Hydrogen has announced that it has scooped a...

Al Baleed Petrochemical Company, an Oman-based promoter of a major petrochemicals park planned in Salalah in the south of the Sultanate, has announced the signing of a contract with Japan’s...

Preliminary work on an ambitious solar manufacturing project backed by JA Solar Technology, one of China’s top-ranked players operating in this space, has commenced at Sohar Freezone in the...

MUSCAT, JAN 13 The Public Authority for Special Economic Zones and Free Zones (OPAZ) is preparing to launch a drive to attract industrial investments specifically in the petrochemicals sector, with...

MUSCAT, JAN 12 The Public Establishment for Industrial Estates (Madayn) is preparing to add five new industrial cities to its expanding portfolio of manufacturing hubs that are at the heart of the...

The Ghubrah III Independent Water Project (IWP) – Oman’s biggest desalination plant - has achieved financial close, paving the way for its development and implementation to advance in earnest. ...

Muscat: The integrated Duqm Fishery Port and industrial complex, ranked among the largest hubs of its kind in the region, is slated for commercial launch by October next year. According to a key...

MUSCAT, JAN 7 A consignment of fermenting machines at the heart of a new penicillin plant under development at Sohar Freezone – the first of its kind in the Middle East and North Africa (MENA)...

MUSCAT, JAN 6 Global multi-energy group TotalEnergies is set to take delivery of a shipment of LNG from Oman LNG’s Qalhat complex — the first such cargo under a new 10-year-long supply agreement...

MUSCAT, JAN 5 Wisdom Motor, a Chinese-based technology company specialising in the design and manufacture of zero-emission commercial vehicles, is exploring opportunities to roll out its...

MUSCAT, JAN 5 Having restarted the production and export of copper concentrate from its Lasail mine — after a three decades-long gap — Minerals Development Oman (MDO), the nation’s biggest...

MUSCAT: The Ministry of Finance, which oversees the procurement of all projects conceived under the Oman government’s Public Private Partnership (PPP) programme, says it plans to press ahead with...

Projections of a 3 per cent growth in Oman’s gross domestic product (GDP) in 2025, as outlined in this year’s State General Budget announcements unveiled on Thursday, attest to the success of...

MUSCAT: South Korea based global green energy corporation LUPRO Inc has signed agreements with Omani firm Bait Muscat for Development and Investment to support the establishment of a major green...