ENGIE foresees significant role in Oman green ammonia project
ENGIE, a global leader in low carbon energy and services, says it envisions a sizable role for itself in both the upstream and downstream components of a mega green ammonia project planned for...
Drones, satellite imaging to help combat water loss in Oman
MUSCAT: Nama Water Services (NWS), the state-owned integrated water and wastewater utility of the Sultanate of Oman, is deploying drone and satellite imaging technologies to address prodigious losses...
Social Protection Scheme: CBO directs banks to gear up for new account openings
MUSCAT: With potentially thousands of Omanis set to benefit from monthly cash payouts from the newly instituted Social Protection Fund (SPF), the Central Bank of Oman (CBO) has directly licensed banks...
ILO hails safeguards for Omani, expat labour in new Social Protection Law
MUSCAT: The International Labour Organisation (ILO), a specialised agency, has applauded landmark measures enshrined in the new Social Protection Law enacted by the Omani government last week as...
Oman Shell ramps up Blocks 10 & 11 gas exploration
MUSCAT: Oman Shell, wholly owned subsidiary of energy major Shell, is accelerating its exploration campaign to unlock the natural gas potential of its directly operated concessions, Block 10 and Block...
Oman VC fund invests in Energy Dome’s C02 Battery project
MUSCAT: IDO Investments, the venture capital arm of Oman Investment Authority (OIA), is among a number of international companies to have invested in Energy Dome, an Italian-based tech start-up behind...
Oman’s grid operator completes $116m grid station project
MUSCAT, JULY 19A key component of the $1 billion North-South Interconnector Project (Rabt) designed to create a unified national electricity grid in the Sultanate of Oman, has been completed, Oman...
Oman well-placed to become synthetic LNG producer: Shell
MUSCAT, JULY 18Energy major Shell sees the Sultanate of Oman to be ideally positioned to emerge as a producer and exporter of Synthetic LNG – a carbon-neutral alternative to natural gas with the...
Sprawling solar modules to reduce carbon footprint of Duqm Refinery
MUSCAT, JULY 17In the lead-up to its commercial launch, tentatively scheduled around the turn of the year, new details have emerged that underscore the world-class stature of Oman’s Duqm Refinery...
Robust ICT infrastructure to underpin Oman’s Smart Cities
MUSCAT, JULY 16The Telecommunications Regulatory Authority (TRA) has initiated a public consultation on its goal to develop a regulatory policy framework to support the growth of Smart Cities in the...
Oman’s bourse issues Market Maker regulations
MUSCAT, JULY 15Executive regulations governing the operations of Market Makers and Liquidity Providers – an initiative designed to energize trading activity and create market depth – were...
Omani-Singaporean firms strengthen partnership in aquaculture development
Two Omani business enterprises have firmed up their partnership with Blue Aqua International, a leading Singapore-based global aquaculture technology provider, by investing in the city-state’s...
Green mobility: Move to enable ships to access clean electricity during port calls in Oman
The requisite regulatory and infrastructural underpinnings, necessary to support the eventual decarbonisation of Oman’s transportation and logistics sector, are being rapidly set into place,...
Dualisation of key Salalah road to support tourism, economic growth
The Raysut – Mughsayl carriageway, a vital roadway providing access to some of Dhofar’s biggest tourist attractions as well as Oman’s southwestern-most wilayats bordering Yemen, has been...
Subsea power cable to link Masirah Island with Oman’s national grid
In line with its long-term strategy to build a unified national grid that provides reliable and cost-competitive electricity to consumers, Oman Electricity Transmission Company (OETC) plans to connect...
Oman’s airport cities to unlock new investment opportunities
MUSCAT, JULY 9Plans are afoot to offer land available around airports in the Sultanate of Oman for investment and development to serve as new catalysts for socioeconomic growth, a key official has...
Revenues of RO 500m/year seen from key Oman copper-gold mining project
A promising mining project targeting copper and associated gold ore in Al Dhahirah Governorate has the potential to generate annual revenues of around RO 500 million when it is fully...
Oxy Oman makes 12 new hydrocarbon discoveries in 2022
MUSCAT: Oxy Oman says an ongoing exploration programme covering the company’s sizable portfolio of onshore hydrocarbon assets resulted in 12 new oil and gas discoveries during 2022.A wholly owned...
PDO to boost oil output to 700,000 bpd in coming years
MUSCAT: Petroleum Development Oman (PDO), the nation’s biggest hydrocarbon producer, plans to ramp up oil output to over 700,000 barrels per day (bpd) in the coming years, up from an average...