Tag: oman

Energy, Oil & Gas

Oman, Spain ink MoUs for green methanol, LNG

Oman and Spain signed MoUs on green methanol and LNG, including a long-term LNG agreement between Oman LNG and Naturgy. Additionally, a consortium aims to develop low-carbon green methanol production in Dhofar, enhancing Oman's carbon neutrality efforts....

Energy, Oil & Gas

Integrated Gas Company seals major deals worth over $8.8bn

The Integrated Gas Company finaliSed 19 agreements, including 14 gas sales valued at over RO3.4 billion ($8.8 billion). This move is expected to generate over RO2 billion in investments and includes strategic agreements with Occidental Oman and Energy Development Company....

Energy, Oil & Gas

Oman’s Environment Authority adopts fiscal policies for net-zero targets

The Environment Authority (EA) is implementing innovative financial policies to meet Oman’s 2050 carbon neutrality goals. This includes securing funding from the Green Climate Fund and enhancing project proposals, partnerships, and international cooperation for effective climate action....

Energy, Oil & Gas

Oman launches its first Global Sustainability Academy

Oman Cables Industry has launched the Global Sustainability Academy, the first of its kind in Oman. It aims to facilitate knowledge exchange and develop practical sustainability solutions to enhance the energy sector's transformation and support economic diversification efforts. ...

Energy, Oil & Gas

Oman Electricity Transmission achieves $750m 5-year green sukuk issuance

Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman's electricity transmission network and a key subsidiary of Nama Group, has announced the pricing and issuance of its inaugural RO 288.5 million ($750 million) 5-year Green Sukuk under its Green Financing Framework....

Energy, Oil & Gas

Petronas, Oman’s OQEP partner to advance upstream

OQ Exploration and Production New Ventures, a subsidiary of OQ, and Petronas Carigali International Ventures have signed a memorandum of understanding to formalise a strategic cooperation agreement, aiming to collaborate on ventures in the oil and gas exploration and production sector....

Energy, Oil & Gas

Omani selected as Energy Leaders for Tomorrow

Abdulaziz d Al Matroushi, a graduate in Petroleum and Energy Engineering from Sultan Qaboos University, has been selected as Energy Leaders for Tomorrow during Energy Intelligence Forum 2025, which was held in London....

Energy, Oil & Gas

OQ’s Ladayn Programme signs 26 investment agreements

OQ's Ladayn Programme, Oman’s first integrated polymer-to-product industrial ecosystem, is entering a growth phase with strong investor interest and the first companies set to begin production in 2025. Positioned as a strategic hub for advanced manufacturing, Ladayn has signed 26 investment agreements, securing over $220 million, with nine companies starting production by year-end....

Energy, Oil & Gas

Oman signs deal to support green hydrogen projects

Hydrom, Oman’s government entity for hydrogen development, has signed an agreement with the private sector. This agreement will facilitate the management of wind measurement stations to support renewable energy resource measurement, essential for planning green hydrogen projects in Oman....

Energy, Oil & Gas

Oman Across Ages Museum, BP Oman sign clean energy deal

Oman Across Ages Museum signs a cooperation agreement with BP Oman to fund and implement a project for installing a grid-connected solar system with a capacity of 800 kW and an annual output of approximately 1,300 megawatt-hours (MWh) at the Museum's facilities....