author - oman observer

MUSCAT: Majority state-owned Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman’s power transmission grids, has pledged to invest in the development of a national...

MUSCAT: In line with Oman’s goal to eliminate all routing flaring by 2030, upstream energy firm CC Energy Development (CCED) has embarked on a number of initiatives to cut greenhouse gas (GHG)...

A raft of measures adopted by Oman’s power and water sector with the goal of reducing its dependence on natural gas has translated into major savings for the industry, as well as the national...

Crusoe Energy Systems — a US-based tech startup backed by Oman Investment Authority (OIA) — has won praise from the World Economic Forum (WEF) for its pioneering use of waste natural gas to power...

MUSCAT: Preliminary plans for the establishment of a pair of first-ever, green fuel-based bunkering terminals on Oman’s coast have received a significant boost with key international partners now...

MUSCAT: In tandem with investments in new potable water capacity at key locations around the country, Oman’s water authorities are also developing the nation’s water transmission networks to...

MUSCAT, APRIL 22The Sultanate of Oman is among a tiny handful of countries globally that are walking the talk on green hydrogen with concrete projects in development on the ground, according to a...

MUSCAT: Ladayn Polymer Park, an industrial zone dedicated to the manufacture of multi-use plastic products in Suhar, has invited Expressions of Interest from investors seeking to operate from this...

MUSCAT, April 21Having extracted just over 7 million stock tank barrels (MMstb) of crude oil from the Yumna field in Block 50 off Oman’s east coast, the operator of the concession wholly owned by...

MUSCAT: Norwegian wave energy specialist Havkraft AS announced on Tuesday that it has received developmental funding for the world’s premier nearshore-class wave power plant off the Scandinavian...

MUSCAT: The first phase of Oman’s first maiden ammonia project – currently under development in Duqm Special Economic Zone (SEZ) – is on track for launch by around mid-2025, according to a key...

MUSCAT, APRIL 17The Oman Power and Water Procurement Company (OPWP), the sole national buyer of power and water output, is firming up plans for the procurement by competitive tender of two new...

MUSCAT, APRIL 16Effective from May 3, 2023, fizzy drinks and sweetened juices will be brought under the purview of the Oman Tax Authority’s Digital Tax Stamp System, which requires all excisable...

MUSCAT, APRIL 15Oman’s Ministry of Finance (MoF) has credited the government’s fiscal stability and sustainability programmes for the dramatic improvement in state finances beset until about a...

MUSCAT: A relatively small, but promising, oilfield located in central Oman, which is currently the subject of an extended well test, is garnering significant industry attention not least for the...

MUSCAT: Physical deliveries of Omani crude via the exchange delivery mechanism of the Dubai Mercantile Exchange (DME) rose 18 per cent to 63.77 million barrels during the first quarter of this year,...

A first-of-its-kind Concentrated Solar Power (CSP) project is envisioned for development near Duqm in Al Wusta Governorate as part of Oman’s pivot away from gas-powered electricity generation to...

State-owned Oman Environmental Services Holding Company (be’ah) — part of Oman Investment Authority (OIA) — is looking to leverage Artificial Intelligence (AI) and Internet of Things (IoT),...

MUSCAT: A new interconnect with the electricity grid of neighbouring Saudi Arabia has the potential to boost net energy imports into the Sultanate of Oman to around 1600 MW, up from 400 MW presently,...

MUSCAT, APRIL 8A South African company that is credited with pioneering the introduction of ballast-less railway track systems, which have being increasingly adopted in sandy and desert environments,...