author - oman observer

MUSCAT, APRIL 28 Oman Cement, the country’s leading cement manufacturer, says it has approved a decision to set up a facility at its Misfah complex that will harness energy from municipal solid...

25 Apr 2024 MUSCAT: Oman’s vast and untapped offshore hydrocarbon sector holds the key to potentially unlocking resources that will help sustain the country’s oil and gas production over the...

MUSCAT, APRIL 24 Spot market and contract optimisation deals buoyed Oman LNG’s earnings by more than $1 billion last year in line with majority state-owned company’s revamped marketing strategy...

MUSCAT, APRIL 23 Nama Group, the holding company of state-owned power and water utilities operating in the Sultanate of Oman, is assembling a team of experts to provide advisory services linked to...

MUSCAT, APRIL 22 The maiden shipment of copper concentrate from a newly commissioned project launched recently in North Al Sharqiyah Governorate, has been delayed due to a technical snag at the...

MUSCAT, APRIL 21 A series of substantive contracts in Oman’s upstream hydrocarbon sector has buoyed the first quarter performance of oilfield services giant SLB (previously known as Schlumberger),...

MUSCAT: Oman Flour Mills (OFM), the largest integrated food company in the Sultanate of Oman, has unveiled plans to acquire a number of food-related companies and assets, as well as grow its presence...

MUSCAT, APRIL 17 Oman Aluminium Rolling Company (OARC), a wholly-owned subsidiary of Oman’s integrated energy group OQ, has vowed to challenge anti-dumping penalties imposed by the US Department of...

MUSCAT, APRIL 16 OQ Chemicals, the wholly-owned subsidiary of OQ – the integrated energy group of the Sultanate of Oman – has announced the completion of a key milestone in the construction of a...

MUSCAT, APRIL 15 Port of Salalah, the leading transshipment hub of the Sultanate of Oman, reported a significant 17% decline in container throughput handled during the first quarter of this year –...

Muscat: Judging from footage shared on social media of the devastation unleashed by flash floods across many parts of the Sultanate of Oman, it is likely that the Omani government will be faced with...

MUSCAT: The liquidation of Oman International Petrochemical Industries Company (OMPET), set up more than a decade ago to produce polymer-based plastics at Sohar Industrial Port, has been completed,...

MUSCAT, APRIL 9 Boding well for Oman’s efforts to secure safe and cost-competitive modes for the transportation of green hydrogen to overseas markets, India-based ACME Group -- which is developing...

MUSCAT, APRIL 8 Despite a 7% slide in its benchmark index at the end of 2023, Muscat Stock Exchange (MSX) delivered its best annual performance last year in comparison with the preceding eight years,...

MUSCAT, APRIL 7 A prime parcel of real estate that once housed the erstwhile Oman International Exhibition Centre alongside the Golden Tulip Hotel Muscat – landmarks of the capital city’s recent...

MUSCAT, April 4 OQ, the global integrated energy group of the Sultanate of Oman, plans to develop a pipeline of renewable energy projects totalling in excess of 5 gigawatts (GW) of capacity by 2030. ...

MUSCAT, APRIL 3 Oxy Oman, a key player in the country’s upstream energy sector, says it is continuing to press ahead with a number of initiatives to help achieve its Net Zero goals across its...

MUSCAT, APRIL 1 Oman’s bid to explore the potential for establishing a liquid hydrogen corridor to Europe has received a significant boost. A key partner in the initiative has announced a further...

MUSCAT, MARCH 31 A Memorandum of Understanding (MoU) signed recently by well-known Omani firm Nafath Renewable Energy with Takhzeen, a 100% subsidiary of publicly traded firm ONEIC, will help...

Oman Electricity Transmission Company (OETC), the majority state-owned operator of Oman’s national power grid, has tapped leading engineering design services firm Monenco to provide consultancy...