ADNOC Drilling acquires 70% stake in rigs JV with SLB for $112mMUSCAT: ADNOC Drilling has agreed to purchase a 70%...

Ras Markaz terminal exports 17 million tonnes of petroleum derivativesMUSCAT: Oman Tank Terminal Company (OTTCO) has successfully handled 491 vessels...

PDO offers high-potential oil acreage for investment in OmanMUSCAT: In a significant development, Petroleum Development Oman (PDO) – the largest...

Oman’s small-scale solar sector projected to reach 130 MW by year-endMUSCAT: A significant uptick in small and medium-sized solar PV...

Oman to set up new state-owned firm to manage mineral resources and exportsMuscat – Oman’s Ministry of Energy and Minerals on...

Oman secures RO 11.5 billion investment through Block 53 concession extensionMSCAT: The Ministry of Energy and Minerals has signed an...

OETC successfully completes full repayment of $1bn 'Lamar' bondsMuscat: Oman Electricity Transmission Company (OETC), a member of the Nama Group, has...

Nama announces RO1bn transition to renewable energy, smart gridMuscat – Oman’s electricity sector is undergoing a major transformation with Nama Group...

Vale signs pact with OQAE to advance decarbonization of Oman operationsMUSCAT: As part of its strategy to decarbonize its operations...

PDO signs 14 agreements to fund social investment projectsMUSCAT: Petroleum Development Oman (PDO) has signed 14 agreements to finance a...