author - oman observer

MUSCAT: The framework enabling the introduction of Open Banking – a tech-driven service with the potential to transform the banking and financial services industry – is currently being formulated...

MUSCAT, SEPT 23OQ Gas Networks (OQGN), the wholly state-owned operator of Oman’s national gas transportation network (NGTN), says is it currently implementing a sizable portfolio of projects...

Banking and financial institutions licensed to operate in the Sultanate of Oman are now mandated to secure their operations, as well as critical assets, against cyber threats.Under a new regulatory...

MUSCAT: Oman Electricity Transmission Company (OETC), the operator of the nation’s power transmission grid, has launched a competitive tender for the installation of a subsea power cable that will...

A key study commissioned by OQ Gas Networks (OQGN) – the wholly state-owned operator of the nation’s gas transportation system – has concluded that gas demand in the Sultanate of Oman is...

Wholly state-owned OQ Gas Networks (OQGN) – the sole owner and operator of Oman’s national gas transportation system – envisions significant roles for itself in the successful realization of a...

Initial groundwork on a new integrated economic zone, designed to capitalize on an upsurge in investment and economic seen the Sultanate of Oman and the Kingdom of Saudi Arabia, is set commence in...

MUSCAT: Oman Environmental Services Holding Co (be’ah), tasked with overseeing the management of the nation’s solid waste sector, has assessed the economic potential of Oman’s burgeoning waste...

MUSCAT: OQ, the wholly Omani government-owned integrated global energy group, says it aims to wrap up the execution of a transaction linked to the sale of a 40 per cent stake in its flagship upstream...

MUSCAT, Sept 15In a significant boost for its bid to unlock the heavy oil potential of its Block 70 licence in central Oman, Swedish-based energy firm Maha Energy says it has been granted an extension...

MUSCAT: Seeking to ignite the growth of a new space-based economy in the Sultanate of Oman, the Ministry of Transport, Communications and Information Technology (MTCIT) will host next January a major...

MUSCAT: The Sultanate of Oman, represented by the Ministry of Finance, has announced a tender offer to purchase for cash up to $1.5 billion worth of its outstanding bonds.The tender offer is part of...

MUSCAT: Omani non-oil exports to Saudi Arabia surged to around $2.4 billion in 2022, up from $1.68 billion a year earlier — a significant 33.9 per cent uptick that illustrates resurgent efforts by...

MUSCAT: Sembcorp Jinko Shine Co SAOC, a newly established company registered in the Sultanate of Oman to develop and operate a new solar Independent Power Project in the Wilayat of Manah (dubbed Manah...

MUSCAT: A keenly anticipated Initial Public Offering (IPO) by OQ Gas Networks (OGGN), the exclusive owner and operator of Oman’s gas transportation system, could be potentially worth between $700...

Muscat, Sept 8Boding well for the growth of a global network of green steel industrial complexes in a number of countries around the world, including Oman, mining conglomerate Vale SA has announced...

MUSCAT, SEPT 6Large industrial and commercial customers of electricity who are subject to subsidy-free Cost Reflective Tariffs (CRT) are gradually shifting their demand back to the afternoon period to...

MUSCAT, SEPT 5OQ Group, the integrated global energy conglomerate of the Sultanate of Oman, has posted revenues of RO 5.888 billion for the first half of this year, versus earnings of RO 7.734 billion...

MUSCAT: Petroleum Development Oman (PDO), the nation’s biggest oil and gas producer, envisions a significant role for green hydrogen in its ambitious strategy to become a Net Zero energy company by...

MUSCAT: Newly launched Wadi Noor Solar Power Company (WNSPC), the joint venture undertaking the implementation of a new 500 MW solar PV based Independent Power Project (IPP) at Manah in Al Dakhiliyah...