Oman News

Half a billion invested in fisheries projects

Work is continuing on 10 fishery projects in Oman that have seen investments of nearly half a billion rials, as the country moves to become more self-sufficient in terms of food security. The 10 projects have been listed in the annual report of the government’s Implementation, Support and Follow-up Unit…

Dhofar Wind Farm produces first unit of electricity

The 50-megawatt (MW) Dhofar Wind Farm in Oman has produced its first kilowatt hour of electricity, marking a major milestone for the GCC region’s first utility-scale wind farm. https://www.omanobserver.om/dhofar-wind-farm-produces-first-unit-of-electricity/

Oman to adopt battery storage for hybrid power projects

Having recently brought on stream Oman’s first wind-power farm, the Rural Areas Electricity Company (Tanweer) is forging ahead with the development of 11 small-scale Solar PV/Diesel based hybrid power projects at various locations across the Sultanate. https://www.omanobserver.om/oman-to-adopt-battery-storage-for-hybrid-power-projects/

Eid al Adha holidays from August 11-15

Eid al Adha holidays for employees in the ministries, public authorities and other departments of the state apparatus will be from August 11-15. Work will resume on August 18. https://www.m.muscatdaily.com/Archive/Oman/Eid-al-Adha-holidays-from-August-11-15-5f9w

China remains largest importer of Omani crude oil

Muscat: China continues to be the largest importer of Omani crude oil and condensates, government data has revealed. According to the 2018 annual report released by Oman’s National Centre for Statistics and Information (NCSI), China accounted for 83. https://timesofoman.com/article/1720464/Business/China-remains-largest-importer-of-Omani-crude-oil

Oman’s hydrocarbon sector grows 37pc in 2018

The nominal Gross Domestic Product (GDP) of the Sultanate expanded at a robust pace of 12 per cent during 2018 as against 7.3 per cent in the previous year, the Central Bank of Oman (CBO) announced in its latest review of banking and monetary developments for June 2019. https://www.omanobserver.om/omans-hydrocarbon-sector-grows-37pc-in-2018/

Eid Al Adha holidays declared in Oman

Muscat: Eid al Adha holidays for ministries, public authorities and other units of the state administrative apparatuses will be from Sunday, August 11 to Thursday, August 15. Work will resume on Sunday, August 18. https://www.omanobserver.om/eid-al-adha-holidays-declared-in-oman-2/

Manufacturing sector on track in Oman

Muscat: Oman’s manufacturing sector has achieved half of its targets set during 2019, which is right up to the standards set out by the Implementation, Support and Follow Up Unit, the organisation that oversees the Sultanate’s plans for the Tanfeedh programme for economic expansion. https://timesofoman.com/article/1699068/Oman/Government/Manufacturing-sector-on-track-in-Oman

Eni, BP to unlock Oman Block 77’s gas potential

Energy majors Eni (Italy) and BP signed yesterday a key agreement to unlock the gas potential of Block 77 which, if determined to be prolific, could pave the way for yet another landmark Integrated Gas Development in the Sultanate, mirroring the current maiden venture centring on the Greater Barik d…

Manah Solar I, II power projects to go to separate bidders

A pair of giant utility-scale solar power schemes planned for implementation in the Wilayat of Manah in Oman’s Al Dakhiliyah Governorate will be awarded to separate bidders, according to the Oman Power and Water Procurement Company (OPWP), the sole procurer of new electricity and water capacity. https://www.omanobserver.om/manah-solar-i-ii-power-projects-to-go-to-separate-bidders/

Oman’s first antimony-gold plant starts production

The London-listed minerals processing firm Tri-Star Resources announced that its antimony-gold processing facility in the Sohar Free Zone, in which it has around 40 per cent stake, has started production. https://www.m.muscatdaily.com/Archive/Business/Oman-s-first-antimony-gold-plant-starts-production-5f3v

Iran’s Minister of Industry lauds quality of Voltamp products

Muscat: Reza Rahmani, Minister of Industry, Mines and Trade of Iran, visited the plants of the Voltamp group of companies in Rusayl Industrial Area, along with the delegation which accompanied him during his visit to the Sultanate of OmanVoltamp is one of the major manufacturers of the electrical tr https://timesofoman.com/article/1616680/Business/Economy/Irans-Minister-of-Industry-lauds-quality-of-Voltamp-products

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