Oman LNG signs major shareholder agreements
Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi. In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to look […]
Oman’s green hydrogen workshop spotlights energy sustainability
The 18th International Conference on “Hydrogen Power Theoretical & Engineering Solutions International Symposium: (Hypothesis XVIII)” opened at Sultan Qaboos University (SQU) on October 23, 2023. An integral component of this 3-day conference is a workshop that seeks to increase awareness and understanding of hydrogen technologies. Collaborating in the organization of this workshop are the […]
Infrastructure and building materials exhibition opens
Project Oman 2023 , the international construction technology, infrastructure and building materials exhibition opens its doors for 2nd time at the Oman Convention and Exhibition Centre. The opening ceremony was graced by HH Sayyid Shihab bin Tarik al Said, Deputy Prime Minister for Defence Affairs. Over the course of three days, Project Oman 2023 […]
Oman green hydrogen project key to POSCO’s Net Zero goal
A major green hydrogen project backed by South Korean steel conglomerate POSCO for implementation at the Special Economic Zone (SEZ) in Duqm will play a significant role in the latter’s hydrogen business value chain. A blueprint of this global hydrogen business value chain was outlined at a major green energy expo held in South […]
Rakiza Fund acquires 39 pc stake in Oman Broadband
In a significant development, the Oman Infrastructure Fund (Rakiza) has signed a landmark agreement to acquire a 39per centstake in Oman Broadband Company, a joint stock government company responsible for advancing broadband infrastructure in the Sultanate of Oman. The agreement was formalized in a ceremony attended by Eng Said bin Abdullah al Mandhari, CEO […]
Moody’s, Oman Banks host roundtable on Islamic Finance
Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]
Pact signed for pilot study on hydrogen fuelling stations in Duqm SEZ
OQ Alternative Energy , part of global integrated energy group OQ , signed an agreement on October 22, 2023, with the Ministry of Transport, Communications and Information Technology, ASYAD Group , Oman Oil Marketing Company, and Air Liquide Group. The purpose of this agreement is to conduct a joint study pilot project on green hydrogen […]
Oman LNG signs major shareholder agreements
Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi. In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to […]
HM issues three Royal Decrees
His Majesty Sultan Haitham bin Tarik on Monday issued three Royal Decrees reading as follows Royal Decree No (68/2023) on promulgation of the Public Debt Law, after presenting the same before the Council of Oman. Article (1) states that provisions of the Public Debt Law attached to this decree shall be enforced. […]
