author - oman observer

Alara Resources Limited, an Australian-based precious and base metals explorer and developer, has announced that a range of construction building activities have substantially progressed at its Al...

Oman Electricity Transmission Company (OETC), a member of Nama Group, announced the successful completion of the construction works of the Mirbat power station with a voltage of 132/33 kV and the...

Al Mazunah Free Zone, the Sultanate of Oman’s first free zone, has attracted 248 projects to date, cementing its importance as a hub for trade and investment, Engineer Ali bin Salem al Maashani...

OQ, Oman’s government-owned integrated energy group, announces the start of operations at the third crude oil processing plant at Bisat oilfield, located in its Block 60 concession. The plant's...

The Sultanate of Oman envisions significant potential to boost trade and economic relations with Brazil. Talal al Rahbi, Oman’s new ambassador to Brazil, said he would intensify efforts to expand...

@JmObserver The Duqm Refinery project, the largest project in the field of refineries and petrochemicals, will start its commercial operation by the end of next year, Shafi al Ajmi, the CEO of...

@JmObserver - The Sultanate of Oman saw a growth of 18.2 per cent in total domestic sales in refineries until end of September 2022 compared to the same period last year.According to figures...

The International Energy Agency (IAE) has applauded the Sultanate of Oman’s decarbonisation efforts. “The reason Oman is such an important country for us at the IEA is because (the country) is...

Gross oil production from the Yumna Field in Block 50 offshore 50 Oman reached an average of 3,678 stock tank barrels per day (stb/d) in October 2022, according to latest statement of Masirah Oil...

Rising global energy demand growth means that renewable energy resources alone are unlikely to meet the planet’s energy requirements, said Eng Salim bin Nasser al Aufi, Minister of Energy and...

@JmObserver - Tethys Oil, a Swedish oil company which has interests in the Sultanate of Oman’s Blocks 3 and 4, Block 49, Block 56 and Block 58, announces that oil production is expected to...

@JmObserver - Global economic power China retained its position as a top destination of Omani oil exports, with 79.1 per cent of total crude exports, the Ministry of Energy and Minerals said in a...

Petroleum Development Oman (PDO), the country’s largest oil and gas producer, says it is integrating its entire asset monitoring system with the creation of an Integrated Operations Centre (IOC)....

Oman's oil exports to Japan recorded a remarkable growth of 172.1 per cent to reach 9.21 million barrels until the end-September, compared to the same period last year. It increased by 801,500 barrels...

@JmObserver - With the rise in crude prices globally, the GCC economies are expected to turn positive their fiscal balance after seven years in 2022 at 7.3% of GDP followed by 6.0% of GDP in 2023,...

OQ Chemicals, a wholly owned subsidiary of OQ — the Sultanate’s integrated energy group — and Röhm, a leading MMA producer and portfolio company of Advent International, officially broke ground...

Publicly traded Oman Chromite Company SAOG (Oman Chromite), in a filing to the Capital Market Authority (CMA), has announced the signing of a purchase agreement worth RO 500,000 for a 20 per cent...

The Oman Investment Authority (OIA) participated in the sixth edition of the Future Investment Initiative (FII) held last week in Riyadh, Saudi Arabia. During the event, OIA held a meeting with a...

The Sultanate of Oman recorded the lowest inflation rate in the Gulf Cooperation Council countries during September 2022. The inflation rate in Oman increased by 2.4 per cent year-on-year (y-o-y)...

@JmObserver - Tethys Oil, a Swedish oil company which holds interests in the Sultanate of Oman’s Blocks 3 and 4, Block 49, Block 56 and Block 58, announces that its share of production from Blocks...