InvestOman highlights value-add potential of new silicon metal project
MUSCAT: InvestOman, the government’s preeminent investment facilitation arm, has announced the signing of a commercial agreement with Green Ferro Alloy (FZC) LLC, which is establishing a...
Global semiconductor delegation visits Oman
MUSCAT: A delegation representing Taiwan’s semiconductor manufacturing sector recently wrapped up week-long talks aimed at exploring opportunities for collaboration in this strategically important...
OQ raises $2.5 billion from latest two IPOs
24 Dec 2024 MUSCAT: OQ, the integrated energy group of Oman, raised around $2.5 billion from initial public offerings (IPOs) of two of its subsidiaries OQ Exploration & Production (OQEP) and OQ Base...
Oman expands smart meters, EV infrastructure
MUSCAT: The rollout of electricity smart metres and prepaid metres — part of a strategy to enhance the overall efficiency of power supply and distribution — has intensified in recent months, with...
Norway’s Electrofuel plans e-SAF project in Oman
MUSCAT: Norwegian sustainable aviation fuels (SAF) producer Nordic Electrofuel has revealed that it has ambitions to establish an e-SAF plant in the Sultanate of Oman, utilising renewable hydrogen as...
Australia’s Hysata affirms support for Oman’s green hydrogen goals
MUSCAT: Hysata, the Australian manufacturer of electrolyers billed as among the world’s most efficient, foresees a significantly enlarged role for itself in Oman’s emerging green hydrogen...
China’s JA Solar to invest $540m in Oman project
MUSCAT: Leading Chinese firm JA Solar Technology plans to set up a major solar cell and module production plant in the Sultanate of Oman with an investment of around $540 million. The new investment,...
Oman mandates tax stamps on imports of excisable beverages
MUSCAT, DEC 19 The rollout of Digital Tax Stamps – which must be affixed to merchandise liable for Excise Tax in the Sultanate of Oman – will be expanded to cover all imports of excisable...
Manah-1 solar PV project gears up for Q1 launch
MUSCAT, DEC 18 EDF Renewables, the wholly-owned subsidiary of French utility EDF Group, has announced that its 500 MW solar PV project, Manah-1, currently nearing completion in Oman’s Al Dakhiliyah...
Italy’s RINA to provide tech support for Hafeet Rail project
MUSCAT, DEC 18 Italian-based global engineering and certification services specialist RINA has been tapped by a key contractor for the Hafeet Rail project to provide an array of system integration...
Iconic tall ship to visit Oman next month
MUSCAT, DEC 17 The Italian Navy’s training ship, Amerigo Vespucci, billed as ‘The Most Beautiful Ship in the World’, is set to call at Port Sultan Qaboos in Muscat next month – a landmark...
First-ever copper production from tailings in Oman
MUSCAT, DEC 15 A landmark project to extract valuable copper from massive stockpiles of tailings — a legacy of state-owned Oman Mining Company’s (OMCO) copper mining operations during the 80s and...
First-ever battery storage option for Oman’s Ibri III solar project
MUSCAT: A new solar PV based Independent Power Project (IPP), set to come up at Ibri in Al Dhahirah Governorate, is expected to be integrated with utility-scale battery storage in a first for Oman’s...
New PDO wind farms to host 36 turbines
MUSCAT: A pair of wind power projects, announced last week to advance the decarbonisation goals of Petroleum Development Oman (PDO), will feature a total of 36 wind turbines each capable of generating...
Wave of new solar power projects on anvil in Oman
MUSCAT: In one of its biggest capacity procurements to date, Nama Power and Water Procurement Company (PWP) – the sole procurer of new power generation capacity – has announced plans for the...
Hydrom Oman inks MoU with German tech giant
MUSCAT: Thyssenkrupp Nucera, a global technology leader in the green hydrogen industry, has signed a Memorandum of Understanding (MoU) with Hydrom, the orchestrator of Oman’s green hydrogen sector,...
Operator sought for PPP-based Oman Business Platform project
MUSCAT, DEC 11 The Ministry of Finance (MoF) has launched a competitive tender to procure the services of a private Omani firm to develop and operate the Oman Business Platform (OBP) project — an...
Oman weighs further liberalisation of electricity market
MUSCAT, DEC 10 The Authority for Public Services Regulation (APSR), the regulator of Oman’s power sector, among other utilities, is contemplating a number of landmark measures aimed at liberalizing...
PDO set to announce awards for solar and wind projects
MUSCAT, DEC 9 Petroleum Development Oman (PDO), the nation’s biggest oil and gas producer, is set to award contracts later this week for a new solar Independent Power Project (IPP), as well as a...
OQGN to support Oman, Belgium energy alliance
MUSCAT, DEC 9 OQ Gas Networks (OQGN), the operator of Oman’s natural gas transportation network, says its partnership with Belgium-based energy infrastructure group Fluxys will help contribute to...