author - oman observer

MUSCAT: A copper mine launched recently in Oman’s North Al Sharqiyah Governorate has also begun to yield modest, but heartening, quantities of associated gold – helping buoy export revenues for...

Muscat: As the Omani government forges ahead with its strategy to diversify the national economy in line with Vision 2040, it also needs the nurture in parallel the growth of a well-developed,...

MUSCAT: Oman Electricity Transmission Company (OETC), the operator of the country’s national grid, has lined up a portfolio of as many as 41 projects for implementation across Oman over the 2024 –...

MUSCAT: Karwa Motors, a partnership of Oman Investment Authority (OIA) and Mawasalat Qatar, has announced the start of production of an estimated 5,000 school buses for the local education sector.The...

MUSCAT: In a major boost for Oman’s emerging green steel industry, a leading steel mill in the Czech Republic has signed an agreement to procure around 1 million tonnes of low-carbon steel from a...

Muscat: Agreements were signed at the Ministry of Agriculture, Fisheries and Water Resources this week that will pave the way for the commercial-scale farming of microalgae as a feedstock for biofuel...

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...