Sohar Port has signed a $600mn oil storage contract with Singapore-based Trescorp. The new facility will have six deep-water berths, with 25 metre drafts, one of...
Oman Oil Company Exploration & Production (OOCEP) has announced the successful signing of a $1bn loan facility to fund its continued growth and expansion. The new...
A new PDO-backed factory which will manufacture key well equipment for the oil and gas industry has been officially opened in Nizwa. The Omani company Gulf...
The traditional industry leaders and fast growing younger companies walked away as winners in the annual AIWA Awards for Best Performing Companies, held on August 28....
Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement and Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the...
Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number...
Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter of 2017...
Petroleum Development Oman (PDO) has signed research and development agreements with Sohar and Al Sharqiyah Universities to help resolve some of its complex technical challenges. It is...
Oman’s total budget expenditure fell by 5.8 per cent to RO12,908.2mn in 2016, according to the Central Bank of Oman’s (CBO’s) annual report. As the cut...
Raysut Cement is planning to sell its entire stake in Sohar-based Oman Portuguese Cement Products Co to Opal Development Co, says the company in its first quarter financial...
