author - oman observer

Oman Shipping Company (OSC), the Sultanate’s high-seas maritime transportation services provider, says it is keenly eyeing emerging opportunities in a number of strategic areas of the country’s...

Strong growth: Part of Oman Investment Authority, OFIC currently boasts a portfolio of 23 companies and food-related assets with investments totalling around $1.5 billion Oman Food Investment Holding...

Energy major BP says its mega tight-gas project in Block 61 in central Oman has the potential to yield an additional 400 million cubic feet per day of natural gas on top of the 1.5 billion cubic feet...

Upstream energy firm Masirah Oil Limited (MOL) has unveiled plans to drill a pair of development wells targeting the Yumna field in Block 50 — a move designed to ramp up output from the country’s...

Oman Shipping Company (OSC), the wholly government-owned maritime transportation services provider, is set to shortly add a new Very Large Crude Carrier (VLCC) to its expanding and well-diversified...

A promising heavy oil field discovered in central Oman can potentially be produced without the need for thermal heat — a typically cost-intensive method for extracting crude from heavy oil...

Oman Aviation Group (OAG) has plans to invest in the development of a sizable hub for the handling of perishable cargo at Muscat International Airport The proposed facility is an integral part of the...

South Korean-based global construction heavyweight GS Engineering & Construction (GS E&C) has announced that consortiums led by its wholly-owned Spanish subsidiary, GS Inima, have secured mandates to...

@conradprabhu OQ, the Sultanate’s wholly government-owned integrated energy group, says it has embarked on a five-year-long “transformative phase” that will position it for robust growth as a...

Sentinel projects: Leading contractor set to kick off construction work on dams at Al Jifnain and Al Jufainah in Muscat Governorate - Construction work is set to shortly commence on two major flood...

Promising potential: ‘Our customer profiles will increase from 500 presently to more than 3,000, representing a significant increase in our market portfolio’ Liwa Plastics — Oman’s biggest...

Oman Drydock Company (ODC), which operates and manages one of the region’s largest ship repair and maintenance yards at Duqm, has announced the signing of a partnership agreement with leading...

One-stop: New government entity to explore potential for new SEZs, free zones in the future The newly established Public Authority of Special Economic Zones and Free Zones (OPAZ) will serve as a...

OQ, the Sultanate’s global integrated energy group, garnered consolidated revenues totalling $19.036 billion during 2019, which was lower by 17 per cent compared with the previous year’s total of...

OQ, the Sultanate’s global integrated energy company, has ambitions to develop a sizable portfolio of alternative energy projects envisioning investments in, among other areas, solar and wind based...

The contribution of travel, hospitality and tourism to the Omani economy totalled around RO 1.293 billion in 2019, up from RO 1.233 billion a year earlier, entailing an increase of 4.9 per cent, the...

Oman Tourism Development Company (Omran), the Sultanate’s executive arm for tourism development, plans to roll out a nationwide chain of integrated tourism service stations at key locations along...

Agreement has been reached between the three principal shareholders of Strategic and Precious Metals Processing LLC (SPMP), the company behind a first-of-its-kind antimony and gold production facility...

The Omani government has reiterated the importance of a centralised single window system for registering new businesses and issuing commercial licences — a mandate currently vested with Invest-Easy,...

@conradprabhu The Omani government has pledged to build on efforts to rein in the country’s once-ballooning public sector wage bill — part of an array of measures designed to rationalise...