News
Ras Markaz crude storage project to be awarded soon
A tender for developing the first phase of a large crude storage facility at Ras Markaz near Duqm will be awarded soon.
The first phase will have a storage capacity of 10 million barrels of crude oil.
Tenders have been submitted by bidders for the first phase, said Salim bin Nasser Al Aufi, undersecretary at the Ministry of Oil and Gas.
Overseas investors
The facility will be expanded with investment from overseas investors.
Referring to Duqm refinery development plan, he said the refinery will receive 65 per cent of its crude requirements from Kuwait and 35 per cent from Oman. Duqm refinery is a 50:50 joint venture between Oman and Kuwait and an agreement between the two countries will be signed on April 10.
Oman Investment Authority’s Assets Surpass RO20bn with Profits Exceeding RO1.5bn in 2024
President Vladimir Putin highlights challenges in improving the quality of growth in a multipolar world at SPIEF 2025
SPIEF’s opening session focusses on ‘Shared Values: The Foundation of Growth in a Multipolar World’
Game-Changing Cold Plasma Technology Introduced in Oman
CNS Middle East and Fujifilm Showcase Advanced Multifunction Printers at Exclusive Muscat Event
ZTE Launches Multiple Nubia Smartphones In Oman
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
The Future of the International Financial System to be discussed at SPIEF 2025
Suzuki Oman Announces Grand Prize Winners of Ramadan Campaign Raffle Draw
GMC Oman Announces Raffle Draw Winners: A New GMC Terrain and a Trip to Paris Awarded
Power And Beyond: The Path To A Low-carbon Future
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Al Mouj Muscat unveils Ghadeer Villas
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
OQ Gas Networks S.A.O.G Announces Intention To Float on the Muscat Stock Exchange
-
OER Magazines2 months agoOER, April 25
-
Alamaliktistaad Magazines2 months agoAl-Iktisaad, April 25
-
Renewables1 month agoJindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Business2 months agoSt. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Leaders Speak1 month agoOERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Alamaliktistaad Magazines4 weeks agoAl-Iktisaad, May 25
-
Banking & Finance2 months agoHow is National Bank of Oman Working Towards Creating a Robust Fintech Ecosystem?
-
OER Magazines4 weeks agoOER, May 2025
You must be logged in to post a comment Login