Petroleum Development Oman (PDO) said on Wednesday it would build the Middle East's largest solar power plant in a $600 million deal with California's GlassPoint Solar to reduce pressure on its natural gas reserves.
Renaissance Services shareholders have approved plans for the company to buy back mandatory convertible bonds issued in 2012 and issue perpetual bonds,
Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to trade refined products and L ...
Muscat Electricity Distribution Company (MEDC), a part of Nama Group, is continuing its electricity conservation campaign with the co-oepration of the Al Rahma Charity Group.
Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price,
Nama Group has launched a conservation campaign through its social media as a first step to larger scale campaign which will continue to run till the end of August.
Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman Oil Company, plans to drill two exploration wells targeting hydrocarbon prospects in the east of the sultanate
Petrofac Ltd said it won an about $900 million contract from state-controlled Petroleum Development Oman (PDO) to provide services at a field south west of Muscat.