Hydrogen Oman (Hydrom), an Energy Development Oman subsidiary, has signed major agreements with international consortium to develop two green hydrogen projects in Al Wusta. The two agreements represent a total investment value of $10 billion, Zawya reported, citing the Oman News Agency. The total estimated production of the two projects will be 250,000 metric tonnes of […]
Oman
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Oman’s OQ signs 10-year LNG supply deal with Bangladesh
Oman’s OQ Trading has signed a new long-term LNG deal with Bangladesh state-owned Petrobangla to supply up to 1.5 million tonnes per annum of LNG from 2026. Under the new government-to-government deal, state-owned OQ will supply at least four LNG cargoes to Bangladesh starting in 2026, further increasing supplies to 16 cargoes in both 2027 […]
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UAE, Saudi, Oman: Top 5 oil and gas project launches to watch out for
Despite increasing calls from climate activists, the Middle East is expected to commence over 600 projects between 2023 and 2027, according to data from GlobalData Energy. Out of these, upstream projects would be 81, midstream would be 141, the refinery at 84, and petrochemicals would be the highest with 315 projects. Here is a list […]
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Oman awards $6.7 billion contract for world’s largest green hydrogen plant
Construction of Duqm’s massive green hydrogen plant is scheduled to start in 2028
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Oman awards hydrogen blocks to Kuwaiti company
Hydrogen Oman (Hydrom) has granted one of Oman’s initial hydrogen blocks to EnerTech Holding Company, a Kuwaiti state-owned company focused on clean energy investment and development. EnerTech is also a founding partner of the international consortium, Green Energy Oman (GEO). According to a press statement by EnerTech, the GEO consortium, which includes EnerTech, Oman’s integrated […]
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Saudi Arabia, UAE, Qatar and Oman to hire over 1 million Filipinos for new jobs
According to the Philippines Government, there are plans for extensive recruitment of Filipino workers in Saudi Arabia, UAE, Qatar, and Oman.The sectors expected to see significant recruitment include tourism, hospitality, and construction, Arabian Business reported. The Department of Migrant Workers (DMW) of the Philippines is currently working on signing a memorandum of cooperation with these […]
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Inside Oman’s $7 billion Duqm refinery and petrochemicals project
Oman’s massive Duqm refinery project is spread over a 9km square-site in Duqm, on the Arabian Sea coast in the Al Wusta Governorate of Oman, Â approximately 600 km south of the capital city Muscat. The project is operated by Oman’s OQ and will primarily produce diesel, jet fuel, naphtha and LPG. Its feedstock will comprise […]
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Oman supports OPEC+ decision by extending production cuts until 2024
Oman’s Ministry of Energy and Minerals has announced its intention to extend its voluntary reduction of 40,000 barrels of oil per day until December 2024, according to media reports. This extension is being implemented as a precautionary measure, the state-owned Oman Observer said in a report. Oman, although not a member of OPEC, is one […]
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Omani contractor Galfar wins $726 million contract from PDO
Leading Omani construction firm Galfar Engineering and Contracting has been awarded a multi-year contract worth $726 million covering the delivery of off-plot facilities for the Qarn Alam oil field. According to a report by Omani Observer, the contract was awarded following a competitive tender process by state-owned Petroleum Development of Oman (PDO), and Galfar was […]
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Oman enters the world’s largest LNG exporter club
The Sultanate of Oman, the largest energy exporter outside OPEC, has become one of the leading global exporters of liquefied natural gas (LNG) due to a rising demand for clean energy sources, according to a report by Oman Observers, a local daily. In April 2023, Oman’s LNG exports reached a record high of 1.16 million […]
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