Nama Water studying feasibility of producing biogas from sewage sludge
MUSCAT: Nama Water, the sole national water utility serving much of the Sultanate of Oman, says it is studying the feasibility of producing biogas from wastewater sludge – a promising...
Oman Shell’s Blue Hydrogen project to support the energy transition
Muscat,18 Oct A landmark Blue Hydrogen & Ammonia project being firmed up by Oman Shell for planned implementation at Duqm has the potential to underpin the country’s transition to large-scale...
be’ah targets launch of bidding platform for recyclable wastes
MUSCAT: State-owned Oman Environmental Services Holding Co (be’ah), the entity tasked with managing the solid waste sector in the Sultanate of Oman, says it plans to bring into operation early next...
Corporates shun low-carbon biodiesel in Oman
MUSCAT: Omani startup Wakud, which operates the country’s first commercial-scale biodiesel plant using waste cooking oil as feedstock, has bemoaned the appallingly low uptake of its low-carbon...
Vast areas identified for renewables in North Oman
MUSCAT: Expansive tracts of land with rich potential for renewables development have been identified in key parts of north Oman, according to details shared during the just concluded ‘Forum on...
Oman’s industrial decarbonisation to yield 8 BCM of gas for repurposing by 2050
MUSCAT, OCT 10Decarbonisation of Oman’s industrial sector – a significant contributor to the country’s annual carbon emissions – has the potential to make available as much as 8 billion cubic...
New CMA initiatives to bolster Islamic capital market in Oman
MUSCAT, OCT 9Seeking to add new momentum to Oman’s rapidly expanding Islamic finance sector, the Capital Market Authority (CMA) is spearheading a number of initiatives with a particular focus on...
Oman’s gas demand outlook to remain strong through 2043
Gas demand in the Sultanate of Oman is anticipated to range between 37.7 billion cubic metres (BCM) per annum in a low-case scenario to as high as 54.5 BCM in a high-case scenario through to the year...
Omani-Turkish JV wins RO 148m Oman Cultural Complex project
Muscat: A joint venture of well-known Omani construction firm Saif Salim Essa Al Harasi & Co LLC (SAH) and Turkish-based contracting powerhouse Sembol Construction, has won the prestigious contract to...
Oman’s Central Bank launches whistleblower link
MUSCAT: With digital communications and fintech blurring the line between legitimate financial service providers and unlicensed operators, the Central Bank of Oman (CBO) has rolled out a confidential...
Oman forum to target investments in sustainable aviation fuels
MUSCAT: A landmark bid to decarbonize Oman’s aviation sector gets underway next week with the hosting of a high-profile forum that will also explore the potential for the production of low carbon...
US green hydrogen systems maker receives Oman funding support
MUSCAT, OCT 4US-based Electric Hydrogen (EH2), a leading manufacturer of electrolyser systems — a critical component in green hydrogen production — has announced that it has secured funding from...
Cleantech firm plans rollout of reverse vending machines in Oman
MUSCAT, OCT 3Having established a strong presence in key markets in the Gulf, global AI driven cleantech company Sparklo is planning to include the Sultanate of Oman in the next phase of its expanding...
Oman’s new gas entity assumes role as shipper in place of MEM
MUSCAT: The wholly state-owned Integrated Gas Company (IGC), established last December to manage gas sales and purchase arrangements on behalf of the Omani government, is in the process of assuming...
Oman-Etihad Rail project to unlock major construction opportunities
MUSCAT: A potential bonanza in civil construction subcontracts awaits construction firms in the Sultanate of Oman when a keenly anticipated award for the implementation of the Abu Dhabi – Suhar rail...
CBO unveils roadmap for fintech ecosystem
MUSCAT: The Central Bank of Oman (CBO) has drafted a comprehensive strategy to support the development of a thriving ecosystem around financial technology (fintech) based products and services – one...
Oman’s non-oil sector to grow 2.5 per cent in 2023
Oman’s non-oil economy is anticipated to grow an encouraging 2.5 per cent in 2023, boosted by investments in the renewable energy, as well as agriculture and fisheries sectors, according to a...
Green Energy Oman consortium partner gets funding boost
Muscat Sep 27 :MUSCAT: InterContinental Energy, an emerging giant among global green hydrogen developers, says it has secured funding support from two key investors – a development that bodes well...
Oman Electricity Market completes maiden year
MUSCAT: The maiden annual report of the Oman Electricity Market (also known as the Spot Market) was issued here on Monday with officials characterizing the roll-out of this initiative – the first in...
Oman to set up national payment gateway for commerce
MUSCAT: A dedicated national payment gateway designed to facilitate ecommerce transactions in the Sultanate of Oman is currently under development, according to the Central Bank of Oman (CBO).The...