author - oman observer

MUSCAT, JULY 7 Expressions of Interest (EoI) for the redevelopment of the old terminal of Muscat International Airport at Seeb, are due in by tomorrow, July 9, 2024, marking a key milestone in a...

MUSCAT, JULY 3 Galvanized by the success of its maiden agritourism initiative, dubbed ‘Rummana’, the Agritourism Development Company (Janaen) – the first such company of its kind in the...

MUSCAT, JULY 3 MUSCAT: Faced with a daily deluge of produced water – highly saline oil-contaminated water that comes to the surface along with oil – Petroleum Development Oman (PDO) has revamped...

MUSCAT, JULY 1 Hundreds of Omani farmers are benefiting from contractual arrangements that enable their farm produce – primarily wheat, dates, and cow and camel milk – to be procured by...

MUSCAT, JUNE 30 Food sector investments by Oman Food Investment Holding Company (Nitaj) – part of Oman Investment Authority (OIA) – have grown to a total of RO 457 million as of end-2023, fuelled...

27 June 2024 MUSCAT: Petroleum Development Oman (PDO), the biggest producer of hydrocarbons in the Sultanate of Oman, achieved a combined oil, gas and condensate production of 1.1 million barrels of...

MUSCAT, JUNE 25 Phase 1 of a Light and Medium Industries Cluster is being readied at the Special Economic Zone in Duqm (SEZAD), paving the way for investment inflows into small and mid-scale...

MUSCAT, JUNE 23 High-level executives of Vulcan Green Steel, a first-of-its-kind green-hydrogen ready steel complex under construction at Duqm Special Economic Zone, say the landmark project has...

In an early boost for Oman’s drive to localize the production of hardware for its giga-scale green hydrogen projects, Chinese solar photovoltaic manufacturer Hainan Drinda New Energy Technology has...

A new direct interconnection link between the electricity grids of Sultanate of Oman and the GCC Interconnection Authority (GCCIA) is currently under design and is expected to be completed by Q4 2026,...

MUSCAT, JUNE 16 Around a dozen high-profile projects distributed across the Industrial, Oil & Gas, Mining, Power and Crypto-Mining sectors will be progressively connected to the national grid over...

MUSCAT: In yet another major triumph for Oman’s emerging green steel industry, German automaker Volkswagen has committed to procuring part of its requirement of low-carbon automotive-grade steel...

MUSCAT, JUNE 11 Oman Investment Authority (OIA) has reported significant growth in the values of the investment portfolios of its strategic joint ventures that it oversees in partnership with key...

MUSCAT, JUNE 10 Aircraft manufacturer Airbus has welcomed the opportunity to be part of an alliance of leading international players that have joined forces to explore the potential for...

MUSCAT, JUNE 9 Green energy and climate tech firms were among six international start-ups that received funding infusions from Oman Investment Authority (OIA) in 2023 – part of the wealth fund’s...

MUSCAT: Underscoring the exponential growth potential of Oman’s shrimp aquaculture industry, a key state-backed player is set to forge a mega-scale partnership with an international company in a...

MUSCAT: Petroleum Development Oman (PDO) has invited contracting firms to prequalify for its tender for the implementation of the Manazil Project – a major initiative to provide improved...

MUSCAT, JUNE 3 Subsidies on electricity supply and fuel products surged to a total of RO 870 million in 2023, up from a budgeted sum of RO 524 million for the year – a steep 66% increase that...

MUSCAT, JUNE 2 Solar PV modules have begun arriving at the site of Oman’s newest utility-scale renewable energy project – a 500 MW capacity scheme under construction in the Wilayat of Manah in Al...

Fisheries Development Oman (FDO) – the fisheries sector investment arm of Oman Investment Authority (OIA) – took delivery on Friday, May 31, 2024, of a new commercial fishing vessel – the latest...