UK’s Power Metal Resources seeks to expand Oman presence
MUSCAT: British-based Power Metal Resources, a metals exploration company with interests in key locations around the world, met with officials of Oman Investment Authority (OIA) and its mining...
Oman’s OQBI records 16% production uptick in 9M
Muscat: OQ Base Industries (SFZ) SAOG (OQBI), the majority Omani state-owned integrated producer of methanol, ammonia and LPG, has reported a significant 16.2 per cent increase in output during the...
Bureau Veritas wins Oman solar and wind contract
Muscat: Bureau Veritas, a global leader in testing, inspection, and certification services, has announced that it has been awarded the Owner’s Engineering Services contract by French multi-energy...
EU nod boosts Oman’s green steel export hopes
Muscat: Omani steelmaker Vulcan Green Steel’s ambitions to supply low-carbon steel products into the heavily regulated European market has received a significant boost following a decision by EU...
Oman to advance Earth Observation project under Offset
MUSCAT: An Earth Observation satellite centre is among an array of projects identified for implementation during the course of 2025 as part of the Omani government’s Partnership for Development...
Aussie firm acquires Oman-focused Tethys Oil
MUSCAT: Swedish upstream energy firm Tethys Oil, now majority-owned by Roc Oil Company Pty Ltd (ROC) of Australia, has de-listed from Nasdaq Stockolm as part of the new owner’s plans to take the...
Yamna eyes ammonia bunkering hub at Oman Port
MUSCAT: Oman’s Port of Salalah is among five international ports being explored by global green hydrogen investment company Yamna as potential hubs for green ammonia bunkering.UK-based Yamna is...
Chinese firm to supply green hydrogen systems for ACME Oman project
MUSCAT: Shuangliang Hydrogen, a subsidiary of the Chinese integrated energy systems conglomerate Shuangliang Group (SLG), has announced that it has secured a contract to supply green hydrogen...
OQEP eyes output boost from flagship Block 60
MUSCAT: OQ Exploration and Production SAOG (OQEP), one of the largest producers of oil and gas in the Sultanate of Oman, is banking on a number of exploration initiatives and development projects to...
Green energy powerhouse in the making
Until recently a novice in the global green energy industry, the Sultanate of Oman is now ranked among the first-movers in this transformative sector in the Middle East.That recognition has come from...
Oman eyes enhanced Brazilian investments in SEZs
Muscat: A high-level Omani delegation representing the Public Authority for Special Economic Zones and Free Zones (OPAZ) travelled to Brazil to make a strong pitch for Brazilian investments in the...
Light Transit Rail to enhance connectivity as part of Greater Muscat Plan
CONRAD PRABHUMUSCAT: Light Transit Rail (LRT), agri-photovoltaics and pedestrian-friendly spaces are among an array of sustainability initiatives and smart city innovations that are being incorporated...
Hafeet Rail names Systra as major consultant for Oman-UAE network
MUSCAT: Systra, one of the world's leading engineering and consultancy groups specialising in public transport and mobility solutions, has been selected by Hafeet Rail, the developer of the Oman-UAE...
New LNG bunker ship for Marsa LNG project in Oman
MUSCAT: Marking another key step in the planned development of the Marsa LNG project at Sohar Port in the Sultanate of Oman, global integrated energy group TotalEnergies has signed a charter contract...
$46m contracts for installation of smart electricity meters in Oman
MUSCAT, OCT 6Local Omani power sector services contractor Oman National Engineering & Investment Co SAOG (ONEIC) has won a pair of contracts from Nama Group to support the rollout of electricity smart...
ewpartners secures $150m investment from Oman fund
MUSCAT: Independent investment firm ewpartners has welcomed investment pledges totaling $150m from Oman Investment Authority (OIA), the country’s integrated sovereign wealth fund, aimed at...
OQEP pledges continued investment in hydrocarbon sector
MUSCAT: OQ Exploration and Production (OQEP) – the upstream arm of Oman’s integrated energy group OQ – says it intends to continue to invest in hydrocarbon exploration and production activities,...
JV partners make progress in financing for Oman’s Marsa LNG project
MUSCAT: Ahead of the anticipated start of construction work on Marsa LNG’s bunkering terminal at Sohar Port in the Sultanate of Oman, the joint venture partners are targeting the completion of...
International firms ink pact to explore Oman’s natural hydrogen potential
MUSCAT: Europe’s leading natural hydrogen company Helios Aragon together with Singapore-based multinational energy firm Rex International Holding have announced the signing of a joint partnership to...
OQEP plans to exit three upstream blocks in Oman
MUSCAT: Wholly Omani state-owned upstream energy firm OQ Exploration and Production (OQEP), which is preparing to shortly go public via one of the biggest public subscriptions on the Muscat Stock...