author - oman observer

The Oman’s Ministry of Finance has reported a 77 per cent surge in government allocations towards ‘Contributions and Other Expenses’ – a budgetary subhead that includes subsidies and financial...

Firm contracts signed this week by Oman LNG to supply liquefied natural gas (LNG) to three Japanese companies, represent a major boost for the majority Omani state-owned energy company’s ambition to...

The International Trade Administration – part of the US Department of Commerce – has issued notification of its “intent” to revoke an anti-dumping duty order issued against imports of...

MUSCAT, DEC 25Bilateral trade between the Sultanate of Oman and the United Kingdom (UK), which is by far the biggest source of Foreign Direct Investment (FDI) into Oman, rose 9.2 per cent to £1.1...

Promising prospects: State-owned energy conglomerate explores potential for harnessing tidal and offshore wind resourcesMUSCAT, DEC 24OQ, the global integrated energy group of the Sultanate of Oman,...

MUSCAT: Asyad Shipping – part of Asyad Group, the Sultanate of Oman’s global integrated logistics service provider – has signed an agreement with South Korean shipyard Hyundai Samho Heavy...

The Global Carbon Council (GCC), a voluntary carbon market programme, has urged businesses in the Sultanate of Oman to register their climate mitigation projects to secure funding support and green...

Petroleum Development Oman (PDO), the nation’s biggest Oil & Gas producer, is collaborating with OQ Group – the integrated energy group of the Sultanate of Oman, in exploring the feasibility of...

UK Export Finance (UKEF), the export credit agency (ECA) of the United Kingdom, has vowed to extend financing support to help the Sultanate of Oman achieve its ambitions to develop a domestic green...

GEO – one of several so-called ‘legacy initiatives’ – is backed by an international consortium comprising Intercontinental Energy (the world’s largest green energy developer), OQ Group of...

A multibillion-dollar green steel cluster planned by Suhar-based Jindal Shadeed Group for establishment in Duqm Special Economic Zone (SEZ) has the potential to create an estimated 2,000 direct jobs,...

MUSCAT: Oman Investment Authority (OIA), the integrated sovereign wealth fund of the Sultanate of Oman, has joined a consortium of international investors in raising $214 million in additional...

MUSCAT: Leading space technology firm Indra has announced that it is establishing an advanced Earth observation satellite centre in the Sultanate of Oman – an initiative that will help authorities...

Green energy: First molecules targeted for export by mid-2025MUSCAT, DEC 14Construction work has commenced on Oman’s first green ammonia project, underscoring the aggressive pace at which a new...

Net Zero: 150 opportunities identified to help achieve national energy company’s energy transition goalsMUSCAT, DEC 13A Decarbonisation Roadmap rolled out by Petroleum Development Oman (PDO), the...

MUSCAT, DEC 12Amid the global transition to greener and sustainable alternatives, affordability of energy supplies must remain a key imperative, Oman’s Minister of Energy and Minerals has...

MUSCAT, DEC 11Japanese integrated trading and investment business conglomerate Marubeni says its green ammonia project, planned in Salalah Free Zone in Oman’s Dhofar Governorate, is slated for...

MUSCAT, DEC 10A new report commissioned by Asyad Group – Oman’s integrated logistics group – envisions the potential for the nation’s three main seaports at Suhar, Duqm and Salalah to be...

MUSCAT, DEC 10Oman LNG’s efforts to establish a green energy cluster within Sur Industrial City continue to make headway with the support of the National Hydrogen Alliance (Hy-Fly), a major grouping...

MUSCAT: Omani non-hydrocarbon exports are projected to reach an all-time high of 26.9 per cent of GDP in 2023, bolstered by an uptick in the mining, plastics and chemicals sectors, according to a...