Monday 1 September 2014
 
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Oman

Oman to buy 20mcm/d gas from Iran

Iran has agreed to export 20 million cubic meters per day (mcm/d) of gas to Oman, Iran's oil minister was quoted as saying by the semi-official Fars news agency, indicating the two sides had agreed on terms after years of talks.

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Sohar cargo ops to boost Oman growth

The transfer of most commercial cargo activities from Muscat port to Sohar, is critical to boosting tourism and future industrial development in Oman, according to leading international real estate consultancy Cluttons. The Oman g

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Oman to get IDB’s $176m grant for social growth

Oman will receive a grant of $176 million for its economic and social development for the Islamic Development Bank (IDB), a multilateral development financing institution, a report said. IDB has allocated $987 million to back econ

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Oman-based NRI plans $100m fruits unit in India

An Oman-based entrepreneur is in discussion with Indian authorities to start a $100 million organic fruit exports business in the Indian state of Maharashtra, said a report. R H Parakh, who is the managing director of Saud Bahwan

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Oman Oil Company names new chief

Oman Oil Company has appointed Isam bin Saud Al Zadjali as its new chief executive officer, said a report. Al Zadjali comes with more than two decades of experience in the oil and gas sector, having served as senior vice president

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Kuwait's Global in talks to sell Al Jazeera Steel stake

Kuwait-based Global Investment House is in talks to sell its 51 per cent in stake in Oman’s Al Jazeera Steel Products, said a report. The bank, which has restructured its $1.7 billion of debt twice in the past five years, he

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Al Hassan wins $68m Sohar Refinery expansion deal

Oman-based Al Hassan Engineering has won a $68 million contract for the construction and civil works of  Sohar Refinery improvement project, said a report. The company received a letter of intent from Daelim-Petrofac for the

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Al Hassan wins $68m Sohar Refinery expansion deal

Oman-based Al Hassan Engineering has won a $68 million contract for the construction and civil works of  Sohar Refinery improvement project, said a report. The company received a letter of intent from Daelim-Petrofac for the

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WSP wins key Oman airport facilities contracts

UK-based consultant WSP has been appointed by international contractor J&P Overseas and Oman’s Ministry of Transport and Communication to work on two major airport facilities in Oman. The projects include the maintenance and c

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Oman’s logistics market set for steady growth

The nascent transportation and logistics market in Oman will witness steady growth over the next five to seven years due to planned investments in logistics infrastructure and industrial development in the country, said a new report.

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