Study maps job potential of Oman’s clean economy
MUSCAT, DEC 25 Oman’s clean economy—spanning renewables, green hydrogen, e-fuels and other low-carbon technologies—represents not just an environmental and technological transition, but a...
OQ Trading eyes global growth
MUSCAT, DEC 24 OQ Trading (OQT) – the international trading arm of Oman’s integrated energy group OQ – expects its trading volumes to exceed 60 million tonnes in 2025, up from 55 million tonnes...
$50m investment to boost PET waste recycling
MUSCAT, DEC 23 In a significant boost for efforts to recycle PET plastics — currently estimated to account for roughly half of all plastic waste ending up in landfills — an agreement has been...
Second desalination plant to be solar powered in Oman
MUSCAT, DEC 22 The Barka V Independent Water Project (IWP), which entered commercial operation in South Al Batinah Governorate in June 2024, is preparing to integrate a solar photovoltaic (PV) farm...
Funding boost for Oman polysilicon project’s parent company
MUSCAT: Ahead of the start of trial production at its landmark US$1.6 billion polysilicon complex in Sohar Freezone, United Solar Polysilicon’s parent, United Solar Holding Inc, has secured a US$30...
Solar Wadi targets 500 MWp of renewable capacity in Oman
MUSCAT, DEC 20 Solar Wadi, one of Oman’s pioneering independent renewable energy companies, is targeting the development of around 500 MWp of cumulative renewable capacity over the next three...
Oman strengthens e-fuels pipeline with Swiss-backed Suhar initiative
MUSCAT, DEC 19 A Swiss-backed sustainable fuels project proposed in Oman could ultimately be underpinned by up to 2 gigawatts (GW) of dedicated renewable electricity, a scale that would place it...
Omani solar PV module project expanded
Oman-based American Advanced Clean Energy (AACE) has expanded the capacity of its solar photovoltaic (PV) module manufacturing plant in Salalah Free Zone, targeting the lucrative US market by...
Oman’s Rakiza Fund raises $1 billion in global capital
MUSCAT, DEC 17 Rakiza — Oman’s first dedicated infrastructure investment fund, established by the Oman Investment Authority (OIA) — has so far raised $1 billion in capital from international...
Fitch upgrades Omani energy entities EDO and OQ to investment-grade ‘BBB-’
CONRAD PRABHU MUSCAT, DEC 16 Following the landmark upgrade of Oman’s sovereign credit rating to investment-grade ‘BBB-’ earlier this month, international ratings agency Fitch Ratings has...
Hydrogen project set for commissioning by Q4 2026
MUSCAT, DEC 15 Phase 1 of Oman’s first green hydrogen project — a commercial-scale venture promoted by India’s ACME Group — is slated for commissioning before the end of 2026, marking a major...
Hydrogen alliance kicks off NoorBridge project
MUSCAT, DEC 14 Marking a significant step in deepening strategic cooperation between Oman and the Netherlands in the global green hydrogen economy, the Holland Hydrogen Hub (H3) — an alliance of...
Amnah Energy to supply green hydrogen to Oman steel project
MUSCAT: Following through on its pledge to allocate part of its green hydrogen production to hard-to-abate industrial investments — most notably green steel — in Oman, the Amnah Energy consortium,...
Duqm Port’s Basin 2 to anchor Oman’s green metals hub
MUSCAT: Port of Duqm’s Basin 2 — now being prepared for large-scale infrastructure development — is set to play a pivotal role in supporting the fast-emerging green steel and low-carbon metals...
Pact inked for first Sustainable Aviation Fuel project in Oman
MUSCAT: US-based carbon recycling firm LanzaTech has signed an agreement with the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, to collaborate on the...
German firms tapped for financing of Oman green iron venture
MUSCAT: Firming up plans for its strategic investment in Oman, Singapore-based Meranti Green Steel has formally mandated KfW IPEX-Bank — a leading German project and export finance institution —...
UK firm acquires stakes in key Oman upstream block
MUSCAT: UK-based independent oil and gas firm Kistos Energy has announced the acquisition of stakes in a number of producing hydrocarbon concessions in the Sultanate of Oman in its first foray into...
3 new producer wells to boost Masirah Oil production
MUSCAT: Oman-based upstream energy company Masirah Oil Limited, which owns and operates Block 50 off the Sultanate of Oman’s east coast, plans to drill three new producer wells in 2026 as part of...
Oman unveils O-Green, new integrated clean-energy platform
MUSCAT: A new state-backed, integrated renewable energy company has emerged in Oman with a mandate to localise wind-power manufacturing, drive green technology innovation — including battery energy...
Gas allocations subject to tender under Oman’s new gas framework
MUSCAT: A competitive bidding process now applies to all requests for natural gas allocations above a certain threshold under a new framework adopted by the Integrated Gas Company (IGC), the sole...