Petroleum Development Oman (PDO), in partnership with OQ Alternative Energy and TotalEnergies, signed agreemen ..Read More

Petroleum Development Oman (PDO), in partnership with OQ Alternative Energy and TotalEnergies, signed agreements for three renewable IPP projects: North Solar (100 MWac) and two wind farms, Riyah-1 and Riyah-2 (100 MWac each). These projects, operational by 2026, align with Oman’s Vision 2040 and Net Zero goals, collectively reducing CO2 emissions by nearly 960,000 tons annually while saving significant natural gas resources.
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• Power

OQ Group, Oman, signed seven investment agreements worth RO 25.5 million (USD 66.4 million) for industrial pro ..Read More

OQ Group, Oman, signed seven investment agreements worth RO 25.5 million (USD 66.4 million) for industrial projects under the “Ladayn Polymer Park,” aimed at boosting economic diversification and industrial growth. The agreements involve partnerships with local and international companies, offering incentives like reduced raw material costs and enhanced facilities. Long-term land usufruct agreements were also signed with various firms in Sohar and Salalah Free Zones to support industrial development and export initiatives.
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• Oil & Gas

Oman’s Sohar Port and Freezone has broken ground on a polymer production plant with an investment of RO 115. ..Read More

Oman’s Sohar Port and Freezone has broken ground on a polymer production plant with an investment of RO 115.4 million (USD 300 million). The plant, set to begin operations by Q1 2026, will produce polyacrylamide and related monomers for industries like energy, agriculture, and wastewater management. This project supports Oman’s Vision 2040, enhances Sohar Port’s position as a global exporter, and promotes sustainable growth while attracting foreign investments from Singapore and China.
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• Petrochemical

Oman's Ministry of Energy and Minerals has established the Oman Net Zero Centre to drive the country's 2050 ne ..Read More

Oman's Ministry of Energy and Minerals has established the Oman Net Zero Centre to drive the country's 2050 net-zero emissions goals. The center will oversee energy efficiency projects, provide technical support, manage carbon certification, and foster innovation. It aligns with the National Net-Zero Strategy and aims to support public and private sectors in achieving sustainability objectives.
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• Power

The joint venture Special Technical Services Worley Integrated Solutions (SWIS) received a three-year contract ..Read More

The joint venture Special Technical Services Worley Integrated Solutions (SWIS) received a three-year contract extension from bp to provide EPC services for Block 61 gas assets in Oman, including field development and brownfield modifications. The extension builds on an initial 2018 contract and subsequent 2022 extension, highlighting SWIS’s success in enhancing operational efficiency for bp’s gas operations.
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• Oil & Gas

Nama Power and Water Procurement Company (PWP), Oman, has issued an Expression of Interest (EOI) for developin ..Read More

Nama Power and Water Procurement Company (PWP), Oman, has issued an Expression of Interest (EOI) for developing two Independent Power Projects (IPPs) with a combined capacity of 2,400 MW. The projects, scheduled for completion by April 2029, will include early generation of 1,700 MW by April 2028 and will follow a build, own, and operate model, funded by the private sector. EOIs are due by December 19, 2024.
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• Power
• PPP

The Ministry of Health, Oman, has celebrated the groundbreaking of Al-Falah Hospital in the South Al Sharqiyah ..Read More

The Ministry of Health, Oman, has celebrated the groundbreaking of Al-Falah Hospital in the South Al Sharqiyah Governorate, with a project value of RO 51.86 million. The hospital, spanning 343,000 square meters, will feature 170 beds, 38 outpatient clinics, advanced medical departments, including radiology, nephrology, and surgery units, as well as a dedicated pediatric and obstetrics section. The facility will also include modern amenities such as a water treatment plant, backup generators, and 1,422 parking spaces.
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• Construction

Sarooj Construction Company in Oman has been awarded two major road construction contracts by the Ministry of ..Read More

Sarooj Construction Company in Oman has been awarded two major road construction contracts by the Ministry of Transport, Communications, and Information Technology (MTCIT), valued at a total of RO 90.22 million. The first contract, worth RO 70.03 million, involves building a 120-kilometer dual carriageway linking Adam to Thumrait, enhancing regional connectivity. The second contract, valued at RO 20.19 million, focuses on road construction at Jabal Shams, aimed at improving accessibility in mountainous regions.
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• Construction