author - oman observer

MUSCAT: Seeking to ignite the growth of a new space-based economy in the Sultanate of Oman, the Ministry of Transport, Communications and Information Technology (MTCIT) will host next January a major...

MUSCAT: The Sultanate of Oman, represented by the Ministry of Finance, has announced a tender offer to purchase for cash up to $1.5 billion worth of its outstanding bonds.The tender offer is part of...

MUSCAT: Omani non-oil exports to Saudi Arabia surged to around $2.4 billion in 2022, up from $1.68 billion a year earlier — a significant 33.9 per cent uptick that illustrates resurgent efforts by...

MUSCAT: Sembcorp Jinko Shine Co SAOC, a newly established company registered in the Sultanate of Oman to develop and operate a new solar Independent Power Project in the Wilayat of Manah (dubbed Manah...

MUSCAT: A keenly anticipated Initial Public Offering (IPO) by OQ Gas Networks (OGGN), the exclusive owner and operator of Oman’s gas transportation system, could be potentially worth between $700...

Muscat, Sept 8Boding well for the growth of a global network of green steel industrial complexes in a number of countries around the world, including Oman, mining conglomerate Vale SA has announced...

MUSCAT, SEPT 6Large industrial and commercial customers of electricity who are subject to subsidy-free Cost Reflective Tariffs (CRT) are gradually shifting their demand back to the afternoon period to...

MUSCAT, SEPT 5OQ Group, the integrated global energy conglomerate of the Sultanate of Oman, has posted revenues of RO 5.888 billion for the first half of this year, versus earnings of RO 7.734 billion...

MUSCAT: Petroleum Development Oman (PDO), the nation’s biggest oil and gas producer, envisions a significant role for green hydrogen in its ambitious strategy to become a Net Zero energy company by...

MUSCAT: Newly launched Wadi Noor Solar Power Company (WNSPC), the joint venture undertaking the implementation of a new 500 MW solar PV based Independent Power Project (IPP) at Manah in Al Dakhiliyah...

MUSCAT: Asyad Group, Oman’s global integrated logistics provider, is offering four land plots belonging to its wholly-owned subsidiary Oman Post for private investment and redevelopment into...

MUSCAT, Sept 1PDO Petroleum Development Oman, the biggest oil and gas producer of the Sultanate of Oman, is targeting production of 659,000 barrels per day (bpd) of oil and 90,500 bpd of condensates...

MUSCAT: Building on its pioneering and broad-based renewable energy development strategy, Petroleum Development Oman (PDO0, the biggest oil and gas producer in the Sultanate of Oman, has progressed...

MUSCAT: Oman’s Minister of Energy and Minerals, Salim bin Nasser al Aufi, chaired a meeting on Tuesday of top officials overseeing the delivery of multi-billion dollar worth common-use...

MUSCAT, AUG 28Global oxo-chemicals producer OQ Chemicals – wholly owned by OQ Group of the Sultanate of Oman – has recorded a significant uptick in net revenues at €1.931 billion for fiscal...

MUSCAT: In line with the government’s Net-Zero commitments, Oman’s power authorities are studying the potential to harness solar and wind resources to meet electricity demand growth in Musandam...

MUSCAT: Plans for the establishment of a first-ever Waste Trading Platform are being firmed up in the Sultanate of Oman – a move that will impart strong impetus to the commercialization of...

MUSCAT, AUG 25Oman’s water authorities anticipate a downtrend in potable water demand growth in the coming years, fuelled in part by the current adoption of a revised tariff structure that seeks to...

MUSCAT: Oman’s electricity authorities are evaluating the benefits of implementing a new interconnect project that will link the main grid of the Sultanate of Oman with those of its Gulf Cooperation...

MUSCAT: A nickel-laterite mine awarded earlier this year for development could rank among the largest in the world, potentially positioning the Sultanate of Oman as a world-scale producer of nickel...