Petroleum Development Oman (PDO) has agreed two deals worth $253.1mn to Omanise the provision of vital equipment for the oil and gas industry. The company has...
Berkeley Energia Limited (a UK-based clean energy firm) has entered into an investment agreement with the sovereign wealth fund (SWF) of the Sultanate, agreeing to invest...
Islamic banks and window operations have a combined market share of 11.6 per cent in Oman’s total bank assets. According to the latest monthly report released...
Duqm special economic zone authority on Wednesday signed a OMR199.1 million-engineering, procurement and construction (EPC) contract with Boskalis Westminster (Oman) for building a liquid berth at...
Salalah Methanol Company (SMC), a wholly owned subsidiary of Oman Oil Company (OOC), celebrated the financial closure for Salalah Ammonia Plant, a sustainable project that will...
Oman Telecommunications Company (Omantel) has won a bid to acquire 425.7 million treasury shares of Mobile Telecommunications Company (Zain), which represent 9.84 per cent at an...
Voltamp Energy’s subsidiary, Voltamp Oman Transformer Company, has been awarded two contracts worthRO34mn for the supply of power transformers to the Qatar General Electricity and Water...
Bank Nizwa has achieved a 200 per cent growth in net profit in the first half of 2017, which was the higher growth rate in Oman,...
GS EPS Co, a joint independent power producer associate of Oman Oil Company (OOC), and GS Holdings has completed the construction of Phase IV, 900 megawatt...
Duqm Refinery signed an agreement with AMEC Foster Wheeler Engineering Consultancy LLC (AFW) for providing project management services during the construction phase of its 230,000 barrels...