The Ministry of Housing and Urban Planning, Oman signed 8 agreements worth over RO 68 million to develop integ ..Read More

The Ministry of Housing and Urban Planning, Oman signed 8 agreements worth over RO 68 million to develop integrated residential neighborhoods and layouts across various governorates, covering over 1.7 million sqm. Four agreements will deliver 1,300+ housing units with modern amenities in Sur, Sumail, Izki, and Al Buraimi, while four others will develop 1,000+ land plots with infrastructure in Liwa, Bahla, Ibri, and Bidiya. Additionally, four new investment opportunities were launched to develop residential neighborhoods across 1.28 million sqm in North Al Batinah, North A’Sharqiyah, Dhofar, and South Al Batinah.
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• Construction

EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LL ..Read More

EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LLC and Minerals Development Oman (MDO) to optimize raw material transport and enhance cross-border rail connectivity between the UAE and Oman. The partnership secures the transport of 4.2 million tonnes of limestone and red shale annually for 15 years, with an option to extend. EMSTEEL will operate a Rail Transfer Facility in Al Ain, while MDO ensures compliance with quality standards. This initiative aligns with the UAE’s Operation 300bn and Oman’s Vision 2040, promoting sustainability, reducing emissions, and fostering regional economic collaboration.
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• Transport

Oman Electricity Transmission Company (OETC) has broken ground on the Masirah Island interconnection project, ..Read More

Oman Electricity Transmission Company (OETC) has broken ground on the Masirah Island interconnection project, a RO 72 million initiative to enhance electricity transmission and sustainability. The project includes a 132/33 kV Masirah Grid Station, a 25 km subsea cable, 9 km underground cable, and 60 km overhead lines linking Masirah to Mahout. It will reduce carbon emissions by 80,000 tons annually by replacing diesel-based generation, ensuring efficient, cost-effective, and sustainable power. The project supports Oman’s Net-Zero 2050 goal, strengthens infrastructure, and boosts future investments.
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• Power

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for ..Read More

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for constructing advanced railway logistics facilities in Al Buraimi and Sohar, and to China Railway Rolling Stock Corporation (CRRC) for supplying high-performance freight wagons. These facilities will enhance cargo efficiency, multimodal connectivity, and include provisions for locomotive and wagon maintenance. The project strengthens regional trade competitiveness, unlocks new trade routes, and positions Oman and the UAE as key logistics hubs, aligning with national economic priorities and ensuring long-term operational sustainability.
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• Construction
• Transport

The Tender Board of Oman, chaired by Dr. Said Mohammed Al Saqri, Minister of Economy, awarded contracts worth ..Read More

The Tender Board of Oman, chaired by Dr. Said Mohammed Al Saqri, Minister of Economy, awarded contracts worth OMR 145,274,094 during its first meeting of 2025. Key projects include the design and construction of 20 integrated school buildings across various governorates (OMR 39,711,95), the establishment of a multi-purpose port in Masirah, South A’Sharqiyah (OMR 28,612,449), and a three-year agreement for Microsoft software licenses for government institutions (OMR 21,580,376).
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• Construction

The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43 ..Read More

The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43A, and 66 in collaboration with OQ Exploration and Production (OQEP) and Scotiabank. The initiative aims to attract investments in Oman’s exploration and production sector. Awarding of the blocks is subject to signing necessary Concession Agreements and issuance of Royal Decrees by His Majesty The Sultan.
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• Oil & Gas

Abraj Energy Services, Oman, secured an extension for three rigs with Petroleum Development Oman (PDO), with t ..Read More

Abraj Energy Services, Oman, secured an extension for three rigs with Petroleum Development Oman (PDO), with two rigs extended until December 2026 and one until January 2027, generating approximately OMR 9 million in revenue. The extension reflects Abraj’s strong performance and commitment to operational excellence and HSE standards, supporting Oman’s energy vision.
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• Oil & Gas

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azi ..Read More

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azimuth stern drive tugs for berthing and unberthing at Qalhat LNG Terminal starting in 2026. The contract includes towage, firefighting, escort, pilot boarding, and dive support services. Svitzer, operating in Oman since 2005, strengthens its position with this agreement, aligning with its growth strategy.
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• Oil & Gas