6/1/2026 9:49:02 AM (Volume: 43 / Issue: 6)
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Tag: oman

Energy, Oil & Gas

Youth-focused renewable energy initiative kicks off in Sohar

A programme on sustainability and renewable energy has begun in the Wilayat of Sohar, in the Governorate of North Al Batinah, Oman. The programme is organised by the Youth Centre and SOHAR Port and Freezone. It aims to equip over 50 young Omanis, aged 25–34, with essential skills for the global energy transition....

Energy, Oil & Gas

Oman–Botswana launch 500 MW solar project

Maun, Botswana hosted the groundbreaking of a 500 MW solar power plant with battery storage of equal capacity, launched under an investment cooperation framework between Oman and Botswana to strengthen energy partnership and sustainability....

Energy, Oil & Gas

OQ Group reports $1.6bn net profit in 2025

OQ Group reported a net profit of RO 641 million ($1.6 billion) for 2025, up 25 per cent year on year. The result reflects the strength of its integrated business model and disciplined performance amid continued volatility in global energy markets....

Energy, Oil & Gas

Oman's Nama signs new power purchase deals for 3,500MW projects

Oman's Nama Power and Water Procurement Company (PWP) has signed new power purchase agreements with three independent power producers - Phoenix, Al Batinah and Al Suwadi Power - for gas-fired power projects with a combined capacity of 3,500MW in the sultanate. ...

Energy, Oil & Gas

Oman APSR unveils three strategic energy projects for 2026

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. ...

Energy, Oil & Gas

Nama set to award new PPAs for 3500MW power projects in Oman

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. ...

Energy, Oil & Gas

Decline in O&G prices pushes Oman producer index down 3.3pc

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....

Energy, Oil & Gas

Drones target fuel tanks at Oman’s Duqm Port

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....

Energy, Oil & Gas

OQEP reports robust financial performance, strategic expansion plans

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. ...

Energy, Oil & Gas

TotalEnergies JV achieves key construction milestone at $1.6bn Oman LNG hub

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. ...

Energy, Oil & Gas

Oman signs concession agreement for Offshore Block (18)

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. ...

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. ...

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