Oman, Iran trade and economic ties on an upswing
MUSCAT: Trade and economic ties between the Sultanate of Oman and the Islamic Republic of Iran have burgeoned in recent years as both countries leverage their geographical proximity, historical ties...
Energy storage a key goal for Oman: Al Aufi
MUSCAT: Having set in motion an ambitious plan to harness solar and wind resources for low-carbon electricity generation, the Sultanate of Oman is now moving to develop its energy storage capacity to...
Korean consortium named ‘preferred negotiator’ in bid for Oman hydrogen block
MUSCAT: Korean authorities have revealed that a consortium of steelmaker POSCO Holdings and construction giant Samsung Engineering is in the race for a land block offered under Oman’s auction route...
Waste-to-Energy project key to Oman’s Net Zero goal
MUSCAT: Oman’s first-ever Waste-to-Energy (WTE) project, for which a competitive procurement process is expected to be kicked off later this year, will not only contribute to diversifying the...
Oman targets launch of Energy Transition Policy by Q2
Two key policy documents that will underpin the Omani government’s commitment to decarbonizing the domestic economy and supporting the global transition to a sustainable, clean-energy based future...
Oman Sustainability Centre to launch by year-end, says Al Aufi
MUSCAT: Oman Sustainability Centre, a pivotal national institution tasked with overseeing the delivery of the country’s Net-Zero strategy, will be operational before the end of this year with energy...
South Oman alone has renewable energy potential of 300 – 500 GW
MUSCAT: The southern part of the Sultanate of Oman, characterised by vast sun-soaked desert expanses and rugged wind-swept terrain, has ample renewable resources to generate a world-beating 300 –...
Report sales of unstamped excisable goods: Oman Tax
The Oman Tax Authority has advised consumers to flag traders, shops and other outlets that sell Excise Tax liable goods, such as tobacco products, beverages and so on, but without the mandatory...
Promising potential for enhanced ties in green energy sector
A new phase in economic and trade relations between the Sultanate of Oman and the Arab Republic of Egypt is set to commence in the wake of the official visit of His Majesty Sultan Haitham bin Tarik to...
Oman LNG adds Croatia to its export markets
State-owned terminal operator LNG Croatia has announced that it has received its first shipment of liquefied natural gas (LNG) from Oman LNG, whose market footprint now covers around 25 countries...
Oman’s power procurement entity rebrands as Nama
MUSCAT: The Oman Power and Water Procurement Company, the sole national buyer of output from the country’s power generation and water desalination projects, has announced a makeover of its brand...
Maersk’s new Al Maha service to link Duqm and Salalah in Oman
18 May 2023 MUSCAT: AP Moller – Maersk, the world’s leading maritime transport company, has announced the imminent launch of a new container service that will link Salalah and Duqm, among other...
Oman to issue RfQs for three wind power projects this year
Three new wind-based Independent Power Projects (IPPs) will be initiated for procurement this year as part of the Omani government’s drive to promote the use of renewables for the nation’s energy...
Oman LNG to capitalise on renewables drive, Sur Hydrogen Cluster
A proposed Hydrogen and Energy Transition Cluster, currently the subject of a feasibility study for eventual implementation at Sur Industrial City, has the potential to produce around 480 tonnes/day...
100% jump in small-scale solar systems installed in Muscat
As many as 114 small-scale solar photovoltaic (PV) systems have been connected to the local network in Muscat Governorate as of end-2022, up from 70 systems a year earlier, representing a jump of over...
Oman Airports unveils 5-year roadmap for strategic growth
Muscat: Oman Airports has outlined a corporate roadmap for the implementation of a number of strategic projects and initiatives designed to strengthen the positioning of Oman’s aviation sector as a...
Al Kamil tipped to host Oman’s latest 500 MW solar project
MUSCAT, MAY 13The Wilayat of Al Kamil wal Wafi in South Al Sharqiyah Governorate has been identified as a possible location for the establishment of a grid-connected solar 500 MW solar PV power plant,...
Award imminent for Oman’s first green hydrogen block via auction
MUSCAT: The Sultanate of Oman is just days away from announcing the winner of its first green hydrogen block offered to international developers in a competitive auction process overseen by Hydrom,...
Oman mulls new hydrogen export hub at Al Jazer
MUSCAT: Given the mammoth scale of Oman’s renewable hydrogen industry expected to materialize over the coming days and its vast geographical footprint, a new export hub for green molecules is being...
OQ Alternative Energy plans 2 GW of renewable projects in Oman
MUSCAT: OQ Alternative Energy, the green energy investment unit of OQ Group, says it has plans to develop a portfolio of renewable energy projects with a total capacity of around 2 gigawatt (GW) to...