Oman’s Authority for Public Services Regulation (APSR) will implement three energy projects—renewables, battery energy storage systems, and demand response—while improving service assurance standards in 2026 to boost efficiency and reliability. ...
Nama Power and Water Procurement Company is set to ink new power purchase agreements (PPAs) with Oman's top listed power generation companies – Al Suwadi, Al Batinah and Phoenix Power - for three gas-fired Independent Power Projects (IPPs) with a combined 3,500 MW capacity in the sultanate. ...
Oman’s Producer Price Index fell 3.3 per cent in Q4 2025 compared with Q4 2024, according to NCSI. The decline was driven by a 5.8 per cent drop in mining and quarrying prices, mainly due to a 6 per cent fall in crude oil and natural gas prices....
Oman’s oil exports recorded a 3 percent increase by the end of January 2026, reaching 26,600,200 barrels compared to 25,821,300 barrels during the same period in 2025....
Fuel tanks at Oman's Duqm commercial port were targeted by several drones, with one striking a fuel tank, Oman News Agency (ONA) reported on Tuesday, citing a security source....
Oman's Public Establishment for Industrial Estates (Madayn) has signed three investment contracts to localise new industrial projects in the Polyethylene Terephthalate (PET) sector spanning recycled plastics, oil refining and polymer processing at its Al Suwaiq Industrial City. ...
OQ Exploration and Production (OQEP) reported 2025 revenue of $1.2 billion and EBITDA of $941 million (81% margin). Operating cash flow strengthened, and the company targets 300 kboepd production by 2030 while maintaining disciplined leverage and shareholder returns. ...
Marsa LNG, a joint venture between TotalEnergies and Omani group OQ, said it had achieved a major construction milestone at its $1.6 billion LNG bunkering hub at Sohar Port with the installation of the roof of a major storage tank in what it called a significant step forward for the project. ...
Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved. ...
Al Rusayl Industrial City in Oman witnessed the inauguration of an air gases production plant for the Global Gas Services Company. Spanning a total area of 20,000 square meters with an investment volume reaching RO 4 million ($10m), the facility has a daily production capacity of 173 tonnes of oxygen, nitrogen, and argon....
OQ Group welcomed 130 graduates into its 2026 Graduate Development Programme, underlining its public–private partnership with Oman’s Ministry of Labour. The initiative aims to create 600 jobs, supporting sustainable employment, national capacity building, and OQ’s future growth needs. ...
Mawarid Turbine Company and the National University of Science and Technology signed an agreement to train 321 Omani graduates—the first national cohort in specialised wind turbine manufacturing—preparing them for employment at Mawarid’s new factory in Duqm’s Special Economic Zone. ...
The total production of refineries in Oman recorded a 12.5 per cent increase by the end of December 2025, reaching 84,739,200 barrels compared to the end of December 2024, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI)....
OQ Group has launched the second cohort of its Business Accelerator Programme, featuring 22 specialised startups from Oman and abroad. The initiative supports innovation by linking startups with operational and investment opportunities, fostering technological, engineering, and environmental solutions in energy, sustainability, and advanced technologies....
SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman’s largest oil and gas concession, while advancing in-country value (ICV)....
Oman’s OQ Group has signed strategic agreements worth over RO230 million ($598 million) with two global companies - Germany-based MAK and Indian group Deepak - for the development of advanced downstream manufacturing projects in the cities of Sohar and Salalah in the sultanate. ...
Oman’s oil exports recorded a slight decrease of 0.1 per cent by the end of December 2025, reaching 307,960,900 barrels compared to 308,422,100 barrels during the same period in 2024, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI)....
Korea Western Power has secured a major contract to build and operate a gas-fired combined-cycle power plant being set up at an investment of 1.3 trillion won ($898 million) at Duqm in Oman. Set for 2029 completion, the 877MW facility is being implemented on a BOO model. ...
Etihad Water and Electricity (EtihadWE) announced its participation in the consortiums developing the Misfah and Duqm power generation projects in Oman....
United Solar Holding today announced that its wholly-owned subsidiary, United Solar Polysilicon (USP), has secured over $900 million to complete financing for its state-of-the-art polysilicon facility in Oman. ...
