Tag: OMAN

Energy, Oil & Gas

Air gases production plant worth $10m inaugurated in Oman

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....

Energy, Oil & Gas

OQ onboards 130 graduates as part of 2026 batch

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. ...

Energy, Oil & Gas

Cooperation deal trains Omani youth in wind turbine manufacturing

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. ...

Energy, Oil & Gas

Oman’s total refinery production increases by 12.5pc

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)....

Energy, Oil & Gas

OQ Group launches second cohort of Business Accelerator Programme

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....

Energy, Oil & Gas

OQ Group signs $598m deals to develop Oman downstream industries

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. ...

Energy, Oil & Gas

Oman oil exports dip 0.1pc by end-2025

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)....

Energy, Oil & Gas

Korea Western Power lands contract for $898m Duqm power plant

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. ...

Energy, Oil & Gas

Oman signs feasibility deal for heavy crude production in Block 71

The Ministry of Energy and Minerals (MEM) of Oman has signed a feasibility study agreement with Westlawn Middle East (WLME) and Salamander Solutions Middle East (SSME) to evaluate the potential for heavy crude oil production in Block 71 using Salamander's advanced electric heating technology....

Energy, Oil & Gas

Oman's oil production increases by 0.4pc

Oil production in Oman recorded a 0.4 per cent increase by the end of November 2025, reaching approximately 333,940,700 barrels compared to 332,693,800 barrels during the same period in 2024, according to the latest preliminary data issued by the National Centre for Statistics and Information (NCSI)....

Energy, Oil & Gas

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Energy, Oil & Gas

Oman-based United Solar to receive $30m investment from Waaree Solar Americas

Waaree Solar Americas has signed a binding term sheet to invest $30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations....

Energy, Oil & Gas

EDF consortium inks power purchase deal for 120MW Oman plant

A consortium led by top European utility EDF Power Solutions has signed a 20-year power purchase agreement with Oman's Nama Power and Water Procurement for the development of the 120MW Jaalan Bani Bu Ali (JBB) wind power plant in the sultanate. ...

Energy, Oil & Gas

Kistos to acquire stakes in Blocks 3, 4 & 9 onshore Oman

Kistos, an independent energy company, has signed a binding agreement to acquire a 5 per cent working interest in Block 9 and a 20% interest in Blocks 3 & 4 from Mitsui E&P Middle East, all located onshore in Oman....

Energy, Oil & Gas

Oman unveils first locally made thermal oxidiser

Oman unveiled its first fully locally designed, engineered, manufactured, and tested Thermal Oxidiser, marking a major industrial milestone. Built for Egypt’s Meliha Gas Processing Plant with SLB, it was produced by Majees Industrial Services under the FLAROMAN brand to support regional energy projects and innovation....

Energy, Oil & Gas

Oman’s oil exports exceed 256 million barrels

Oman's oil exports recorded a slight increase of 0.1 percent by the end of October 2025, reaching 256,557,800 barrels, compared to 256,318,800 barrels during the same period in 2024....