Oman is seeking to strengthen its position as a destination for international investment, supported by an investment-grade credit rating, economic reforms and regulatory frameworks aligned with international standards. A key element of that strategy is the International Financial Centre of Oman (IFC Oman).
Oman has signed 10 agreements and memoranda of understanding to establish new projects with an investment value of RO2.9 billion ($7.54 billion) in the Duqm Special Economic Zone, said an Oman News Agency post in X platform.
Oman’s Public Establishment for Industrial Estates (Madayn) has unveiled an ambitious programme to implement 90 infrastructure projects across its industrial cities over the next five years, while advancing what is set to become the largest solar energy project within the Sultanate’s industrial zones as part of its updated Vision 2040 strategy.
Oman's oil exports recorded an increase of 2.7 per cent by the end of April 2026, reaching 102,734,400 barrels, compared to 100,032,400 barrels by the end of April 2025.
Oman’s natural gas production, including both domestic production and imports, increased by 4.6 per cent, reaching 18,772,100,000 cubic meters by the end of April 2026.
Oman’s Nama Power and Water Procurement Company (PWP) has announced that it is seeking bids from qualified companies for providing project management and supervisory consultancy services for the 300MW Marsa Solar Independent Power Project (IPP) in the sultanate.
OQ Exploration and Production (OQEP) Company has signed a memorandum of understanding with Libya’s Investment Authority to strengthen energy cooperation. The agreement aims to explore joint oil and gas investment opportunities in Oman, Libya and international markets.
Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar, a Reuters report said quoting traders.
Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).
Integrated Gas Company (IGC) has signed a new series of agreements under Oman's Spot Gas Market, expanding a market-based mechanism introduced last year to improve the allocation of the sultanate's natural gas supplies.