author - oman observer

MUSCAT: Omani free zones that fall within the ambit of Asyad Group – the integrated logistics provider of the Sultanate of Oman – garnered over RO 1 billion in foreign direct investments in 2023,...

MUSCAT: Duqm Refinery and Petrochemical Industries Company LLC (OQ8) has announced revenues totaling $1.97 billion during 2023, representing the first year of operations since its establishment as a...

Muscat: OQ Exploration & Production (EP), the upstream energy arm of Oman’s wholly government-owned integrated energy group OQ, has seen a ten-fold increase in its oil and gas output from its...

MUSCAT: Draft regulations to support the introduction of ‘Buy Now Pay Later’ (BNPL) services – short-term credit to enable online and offline purchases of all kinds of consumer goods and...

Muscat: In a significant boost for the localisation of 3D printed manufacturing in the Sultanate of Oman, a leading international tech firm has announced a partnership with Intaj Suhar – a...

MUSCAT: Energy major BP says it is currently focused on assessing the solar and wind resources of a land block awarded by the Omani government last year for the development of green hydrogen.Last...

MUSCAT: Nama Power and Water Procurement Company (PWP), the single buyer of output from power generation and water desalination projects in the Sultanate of Oman, is making headway in the...

MUSCAT: IDO Investments, the venture capital arm of Oman Investment Authority (OIA), is among a number of international strategic and financial investors that have participated in the latest funding...

MUSCAT: Last week’s award of two new green hydrogen blocks in Dhofar Governorate, to a pair of international consortiums, has firmed up a leading role for the Port of Salalah as an important gateway...

MUSCAT: In a nod to Oman’s promising status as a mining sector powerhouse in the region, the prestigious International Mining Institute (IMnI) has decided to hold its 2024 Annual Conference for the...

MUSCAT: Vale Oman, a 100% subsidiary of Brazilian mining giant Vale, says it plans to use renewable energy to power its iron ore pelletising and associated operations at the Port of Sohar by 2030.The...

MUSCAT: Norwegian wave energy specialist Havkraft AS has signed an agreement with Asyad Group – the Omani state-owned integrated shipping and logistics group – to explore the potential to harness...

MUSCAT: Ladayn Polymer Park, an exclusive plastics manufacturing hub located in Suhar Industrial City, has snagged an important international investor that will set up operations at the cluster...

MUSCAT: New awards for power and water supply contracts secured by Barka Power & Water Company SAOG (BWPC), which owns and operates the Barka 1 Independent Water & Power Project (IWPP) in South Al...

MUSCAT: A submarine cable proposed to link Masirah Island with the national grid of the Sultanate of Oman is not only the first of its kind, but will also be technologically cutting-edge, according to...

MUSCAT: Electricity supply from Oman’s modest, but burgeoning, renewable energy sector increased during 2023 in line with a commitment by Oman Electricity Transmission Company (OETC), the operator...

MUSCAT: Small-scale gold refineries – key to the growth of thriving national bullion trade – are among a number of international investors weighing options to set up operations at a major Airport...

Muscat: Underscoring its commitment to creating value from Oman’s mineral resources, Minerals Development Oman (MDO) – the country’s leading mining sector player – plans to participate in two...

MUSCAT: Minerals Development Oman (MDO), the state-owned mining and minerals investment flagship, has made significant strides in advancing the development of a major industrial minerals complex...

MUSCAT: Oman Chromite Company has announced that its bid for a mining block in north Oman has received tentative approval from the Ministry of Energy and Minerals.The provisional award, subject to the...