Oman's United Solar completes $1.6bn funding round
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group. ...
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group. ...
IMI, a global leader in fluid and motion control, engineering bespoke solutions, has been awarded a new contract to supply a wireless vibration monitoring solution for a major refinery operator in Oman, designed to reduce unplanned downtime....
Siemens Energy will supply six gas turbines, six generators and 20-year maintenance services for Oman’s Misfah and Duqm IPP projects, adding nearly 2.6 GW of capacity, increasing national electricity generation by almost 20% and serving more than 2 million people....
France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements....
Oman has awarded Block 80 to OQEP and Turkish Petroleum, covering 5,737 sq km in Musandam. The $90 million exploration programme includes seismic surveys and drilling wells to enhance hydrocarbon development under Oman Vision 2040....
Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion). ...
Integrated Gas Company (IGC) has signed a new series of agreements under Oman's Spot Gas Market, expanding a market-based mechanism introduced last year to improve the allocation of the sultanate's natural gas supplies....
Oman’s refining and petrochemical sector showed mixed performance in April 2026, with automotive fuel output down 5.8 per cent and diesel falling 3.3 per cent to 23.7 million barrels. Aviation fuel rose 10.9 per cent, while LPG declined 4.9 per cent and polypropylene dropped 25.7 per cent to 76,300 metric tonnes. ...
Oman’s Public Establishment for Industrial Estates (Madayn) has unveiled an ambitious programme to implement 90 infrastructure projects across its industrial cities over the next five years, while advancing what is set to become the largest solar energy project within the Sultanate’s industrial zones as part of its updated Vision 2040 strategy....
Oman's oil exports recorded an increase of 2.7 per cent by the end of April 2026, reaching 102,734,400 barrels, compared to 100,032,400 barrels by the end of April 2025....
Oman’s natural gas production, including both domestic production and imports, increased by 4.6 per cent, reaching 18,772,100,000 cubic meters by the end of April 2026....
Oman’s Nama Power and Water Procurement Company (PWP) has announced that it is seeking bids from qualified companies for providing project management and supervisory consultancy services for the 300MW Marsa Solar Independent Power Project (IPP) in the sultanate. ...
OQ Exploration and Production (OQEP) Company has signed a memorandum of understanding with Libya’s Investment Authority to strengthen energy cooperation. The agreement aims to explore joint oil and gas investment opportunities in Oman, Libya and international markets. ...
Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar, a Reuters report said quoting traders....
O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City....
Asyad Shipping, a subsidiary of Asyad Group, has named two new liquefied natural gas (LNG) carriers, Muscat LNG and Musandam LNG, marking a key expansion of Oman’s maritime fleet and strengthening its role in global energy transport....
Oman Petroleum & Energy Show (OPES) 2026 and Oman Sustainability Week (OSW) 2026 concluded a high-impact three-day run at the Oman Convention and Exhibition Centre, reinforcing Oman’s growing role as a regional hub for energy transition, sustainability, and industrial innovation....
Oman’s Ministry of Energy and Minerals signed two agreements to improve energy efficiency in government buildings under its net-zero programme. It also expanded the “Meezan” platform through partnerships with national companies and institutions....
The Italian Pavilion at Oman Sustainability Week 2026 signed an energy partnership to develop a 150 MW hyperscale AI data centre in Oman, integrating renewable energy, enhancing efficiency and supporting low-carbon digital infrastructure aligned with Oman Vision 2040....
OQ Group’s 2026 Sustainability Report highlighted progress in renewable energy, emissions reduction and local value creation, including over 2,000MW renewable capacity, achievement of 2025 emissions targets, automated emissions tracking systems and a 24 per cent increase in local value retained in Oman....