Private sector invited to develop 4 Oman Post sites
MUSCAT: Asyad Group, Oman’s global integrated logistics provider, is offering four land plots belonging to its wholly-owned subsidiary Oman Post for private investment and redevelopment into...
PDO eyes 659,000 bpd of oil in 2023
MUSCAT, Sept 1PDO Petroleum Development Oman, the biggest oil and gas producer of the Sultanate of Oman, is targeting production of 659,000 barrels per day (bpd) of oil and 90,500 bpd of condensates...
PDO firms up plans for two wind farm projects in Oman
MUSCAT: Building on its pioneering and broad-based renewable energy development strategy, Petroleum Development Oman (PDO0, the biggest oil and gas producer in the Sultanate of Oman, has progressed...
Investments in Oman’s green hydrogen common-use infra seen at $5 bn
MUSCAT: Oman’s Minister of Energy and Minerals, Salim bin Nasser al Aufi, chaired a meeting on Tuesday of top officials overseeing the delivery of multi-billion dollar worth common-use...
Oman-owned OQ Chemicals’ revenues climb to €1.9 bn in 2022
MUSCAT, AUG 28Global oxo-chemicals producer OQ Chemicals – wholly owned by OQ Group of the Sultanate of Oman – has recorded a significant uptick in net revenues at €1.931 billion for fiscal...
Renewable energy being explored for Oman’s Musandam
MUSCAT: In line with the government’s Net-Zero commitments, Oman’s power authorities are studying the potential to harness solar and wind resources to meet electricity demand growth in Musandam...
New e-marketplace for recyclable waste trading in Oman
MUSCAT: Plans for the establishment of a first-ever Waste Trading Platform are being firmed up in the Sultanate of Oman – a move that will impart strong impetus to the commercialization of...
Oman foresees decline in water demand growth in trend with rising tariffs
MUSCAT, AUG 25Oman’s water authorities anticipate a downtrend in potable water demand growth in the coming years, fuelled in part by the current adoption of a revised tariff structure that seeks to...
Oman weighs second interconnect to boost power trades with GCC
MUSCAT: Oman’s electricity authorities are evaluating the benefits of implementing a new interconnect project that will link the main grid of the Sultanate of Oman with those of its Gulf Cooperation...
Oman nickel mine could rank among world’s largest
MUSCAT: A nickel-laterite mine awarded earlier this year for development could rank among the largest in the world, potentially positioning the Sultanate of Oman as a world-scale producer of nickel...
Oman to study energy storage options
MUSCAT, AUG 22Nama Power & Water Procurement Company (PWP), the sole national buyer of all electricity and potable water output, plans to study options for developing energy storage capacity – a...
Potential for beach resort, boat club seen in Liwa Fishery Project
MUSCAT, AUG 21A concession for the development and operation of a fishery harbour at Liwa on Oman’s North Al Batinah coast will include a sizable plot of land suitable for an array of commercial...
Fresh bid to tap Wadi Dayqah’s resources for potable water use
MUSCAT: Oman’s water authorities have announced the revival of a long-stalled initiative to harness the water resources of Wadi Dayqah Dam in Muscat Governorate – a move designed to help augment...
Oman’s next big 1000 MW solar project planned for launch in 2029
MUSCAT: Nama Power & Water Procurement Company (Nama PWP), the sole buyer of power and water output in the Sultanate of Oman, has identified for procurement a new large-scale solar PV based...
Oman to issue RFQs for solar, wind projects
MUSCAT, Aug 18Requests for Qualifications (RFQs) linked to a flurry of new renewable energy projects are set to go out before the end of this year as the Sultanate of Oman embarks on a new phase of...
Oman Flour Mills presses ahead with multiple food projects
MUSCAT, AUG 16Oman Flour Mills (OFM), the largest integrated food company of the Sultanate of Oman, is advancing a number of strategic food-related ventures that will add to its already sizable...
Oman’s tallest dam project set for July 2024 completion
MUSCAT - Work on a major flood protection scheme is making headway overlooking Salalah City in Dhofar Governorate.When completed by around July 2024, the soaring dam structure will help secure key...
Dhamani health insurance e-platform fully in place: CMA
MUSCAT: Ahead of a formal announcement by the Ministry of Labour mandating health insurance coverage for private sector employees, the Capital Market Authority (CMA) – the insurance sector regulator...
Port of Salalah on track to achieve general cargo target of 20 MT for 2023
MUSCAT: A remarkable 26 per cent jump in general cargo volumes handled by the Port of Salalah during the first half of this year positions it strongly to achieve its full-year throughput target of 20...
New floating dock to ramp up Oman dry-dock’s capabilities
MUSCAT: The launch of a new floating dock is set to boost the repair and maintenance capabilities of state-owned Asyad Drydock’s yard at Duqm on Oman’s southeast coast, a top official has...