Omani startup plans $630m worth green aviation fuel projects
Having successfully established Oman’s first commercial-scale biodiesel plant utilizing used cooking oil (UCO) as feedstock, Omani startup Wakud is now embarking on the development of two major bio-refineries for the production of sustainable aviation fuel (SAF). Total investment in the proposed projects, planned to be established at Sohar Port and Salalah Port, is estimated at […]
Vast areas identified for renewables in North Oman
Expansive tracts of land with rich potential for renewables development have been identified in key parts of north Oman, according to details shared during the just concluded ‘Forum on Sustainable and Low Carbon Aviation Fuel’, organised by the Civil Aviation Authority (CAA) of the Sultanate of Oman. Spanning a total area of around 7,830 km2 […]
Oman explores ways to enhance trade, economic cooperation with EU
Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, met separately in Muscat on Tuesday Olivier Bechet, Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Peter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, and Maria Tripodi, Undersecretary of State to the Ministry of Foreign Affairs and International […]
INTERVIEW: Oman expects to launch pilot wave power projects in the next two years – Havkraft AS representative
Oman is expected to launch its inaugural wave energy pilot projects in the next two years, the regional representative of the Norwegian wave power company Havkraft AS revealed to Zawya Projects in an exclusive interview. Founded in 2009, Havkraft specialises in wave energy solutions based on the Oscillating Water Column (OWC) technology for which it […]
SOHAR Freezone signs Open Yard Car Storage Hub expansion deal
SOHAR Port and Freezone has signed an agreement with The Middle East Group (SFZ) for the expansion of their Open Yard Car Storage Hub in SOHAR Freezone. This expansion demonstrates SOHAR Port and Freezone commitment to strengthening logistics capabilities and enhancing import and re-export operations. Originally established as a dedicated hub for automotive brands, this […]
Ooredoo powers Shell Oman’s digital transformation journey
Ooredoo has signed and activated a digital, long-term partnership with Shell Oman Marketing Company (Shell Oman), which will see Ooredoo supporting the digital transformation of Shell Oman by providing innovative end-to-end (E2E) and ICT solutions that improve the agility of operations and cost efficiency of no less than 200 service stations. Under the agreement, Shell […]
Oman backs unified GCC tourist visa: Ministers set Dec deadline
Oman hosted the recently concluded seventh meeting of GCC ministers of tourism at the Oman Across Ages Museum in Manah on Thursday. The meeting saw ministers of the Gulf countries agree to submit their views on a proposed unified GCC tourist visa to the GCC Secretariat General by the end of December 2023, reported state-run Oman […]
Oman’s OQ Gas Networks expected to price IPO at top of range
Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771m initial public offering (IPO) at the top of the marketed range, according to terms seen by Reuters. Orders below 140 Omani baisas ($0.36) per share risk missing out on the deal, one of the banks on […]
