author - oman observer

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...

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...

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...

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...

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,...

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...

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...

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 —...

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...

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...

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...

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...

MUSCAT, DEC 6 OQ Gas Networks (OQGN) – the sole owner and operator of Oman’s natural gas transmission system – has unveiled plans for a nationwide CO₂ pipeline network to support industrial...

MUSCAT, DEC 4 Sohar Port and Freezone (SOHAR) has announced the signing of a Letter of Intent with Empa, the Swiss Federal Laboratories for Materials Science and Technology, to explore the feasibility...

MUSCAT, DEC 3 OQ Alternative Energy (OQAE) — the clean-energy investment arm of OQ Group — expects to reach Final Investment Decisions (FID) on new renewable energy projects of around 2 gigawatt...

MUSCAT, DEC 3 Two Netherlands-based green fuel technology firms have joined hands to introduce an innovative hydrogen carrier that could help overcome many of the technological, safety and...

MUSCAT, DEC 1 Oman is making steady and strategic progress in decarbonising its transportation sector as part of the nation’s broader transition towards a low-carbon future, according to a senior...

MUSCAT, NOV 30 The recent discovery of naturally occurring hydrogen — also known as native or white hydrogen — in the Wilayat of Suhar has strengthened expectations around its potential...

MUSCAT: Oman Electricity Transmission Company (OETC), the operator of the Sultanate of Oman’s power transmission system, has announced that it has been tasked by the authorities with undertaking the...

MUSCAT: A new minerals trading entity being rolled out by Minerals Development Oman (MDO) will help strengthen the Sultanate of Oman’s position in the global minerals supply chain and unlock greater...