Trade Arabia reported that Oman’s Musandam Power Company (MPC) has signed a long-term power purchase deal with Oman Power and Water Procurement Company and made a Natural Gas Sales Agreement with the Ministry of...
Oman Refineries and Petroleum Industries Co (Orpic) is aiming to raise $4 billion for its Liwa Plastics Industries Complex, reported Trade Arabia, with bidding already under way for four Engineering, Procurement and C...
“The price of natural gas sold by the Ministry of Oil and Gas to electricity generation plants has been increased, with effect from January 1, 2015, from US$1.50 per million British Thermal Units (MMBTU) to US$3...
Oman’s plans to set up the world’s largest solar plant at its Amal field has prompted interest from Solarlite CSP Technology, a report said. Dr Joachim Kruger, managing director at Solarlite, recently visited Muscat t...
Opito International, a leading provider of workforce to the oil and gas industry, has won a contract with the Ministry of Oil and Gas in Oman. It is working with the government, the Oman Society for Petroleum Services...
Energy Recovery, a leader in pressure energy technology for industrial fluid flows, has won an order worth $3.96 million to deploy its PX Pressure Exchanger technology in an independent water plant located in Qurayyat...
India’s Bharat Petroleum Corporation Limited (BPCL), a major state-owned refiner, plans to invest around $4 billion to expand a refinery joint venture in India that is partly owned by Oman, a report said. Oman Oil Com...
Oman’s renewable energy industry is set to get a boost with seven more solar power projects bring planned in the Sultanate, according to a report. Speaking at the launch of commercial operation of Oman’s first solar p...
Oman’s Electricity Holding Company (SAOC), a member of Nama group, recently completed the sale of the Dhofar Generating Company in Salalah with the shares transfer in the Muscat Securities Market. With this, the contr...
Oman revenues from oil amounted to 1.7 billion Omani riyals (Dh16.21 billion) during the first quarter of this year, according to the latest government financial figures. The figures revealed a drop in net oil revenue...