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Oman News and Analysis

News

Water reservoir

Oman plans $6.5bn water investment programme Subscription Required

27 May 2015 | By Andrew Roscoe

Investment will be made over 25 years

Hamad al-Rumhy

Oman Oil Company appoints new board Subscription Required

26 May 2015 | By Mark Watts

Oil and gas minister to chair board, which includes four private sector leaders

Liquefied petroleum gas

Two compete to build Salalah LPG plant Subscription Required

26 May 2015 | By Mark Watts

Companies vie for main contract after completing design study for southern Oman scheme

Oil tanker

Companies prequalified for Duqm liquids terminal Subscription Required

26 May 2015 | By Mark Watts

Tender expected to be floated in third quarter of 2015

Oman Oil Company has divested its 5 per cent stake in Spanish gas company Enagas

Oman Oil Company sells stake in Spanish group Subscription Required

25 May 2015 | By Mark Watts

State-owned investment company divests 5 per cent stake

Phoenix power company

Investors respond positively to Sur IPO Subscription Required

24 May 2015 | By Philippa Wilkinson

Listings in Oman are driven by government priorities

Water pipeline

Oman tenders water networks operations Subscription Required

24 May 2015 | By Philippa Wilkinson

Contracts split into thirteen areas

Muscat Securities Exchange

Bank Nizwa opts out of merger Subscription Required

21 May 2015 | By Philippa Wilkinson

Two other financial institutions express interest

Pipeline

UN decision scuppers plans to build gas pipeline Subscription Required

18 May 2015 | By Mark Watts

Pakistan’s seabed territory extended over area of planned $4bn infrastructure project

Oil pipeline

Tebodin overseeing Muscat-Sohar pipeline Subscription Required

14 May 2015 | By Mark Watts

Dutch group appointed project management consultant for Oman infrastructure scheme

Australian venture to develop Oman resort

Australian venture to develop Oman resort Subscription Required

14 May 2015 | By Philippa Wilkinson

Contract award before mid-2015

Oman group to build sebacic acid plant

Oman group to build sebacic acid plant Subscription Required

13 May 2015 | By Mark Watts

Chemical will be used in plastics and pharmaceuticals industries

Oman Rail opens prequalification

Oman Rail opens prequalification Subscription Required

13 May 2015 | By Philippa Wilkinson

Next segments to be tendered on $15bn project

GCC officials adopt draft value-added tax agreement

GCC officials adopt draft VAT agreement Subscription Required

11 May 2015 | By Philippa Wilkinson

Progress towards introduction of sales tax

Oman to issue sovereign sukuk

Oman to issue sovereign sukuk Subscription Required

11 May 2015 | By Philippa Wilkinson

Finance Ministry announces issuance

Deputy Prime Minister Fahd bin Mahmoud al-Said will head the Omani delegation for the US GCC summit on 13-14 May

Sultan Qaboos to miss US summit Subscription Required

11 May 2015 | By Philippa Wilkinson

Deputy prime minister will lead Omani delegation

Worker

Duqm accommodation reaches financial close Subscription Required

10 May 2015 | By Philippa Wilkinson

Renaissance raises finance through local banks

Duqm

Duqm Development Company appoints Aecom Subscription Required

10 May 2015 | By Hossam Abougabal

US firm appointed for feasibility, master plan and design of phase two of Oman project

Muscat, the capital of Oman

Oman prepares PPP housing framework Subscription Required

7 May 2015 | By Philippa Wilkinson

Affordable housing schemes planned

Power transmission

Oman invites prequalification for Duqm utilities plant Subscription Required

7 May 2015 | By Andrew Roscoe

Facility will have power and desalination component

Analysis

Top 100 projects by sector Q1 2015

Biggest projects by country, Q1 2015 Subscription Required

14 May 2015 | By Robert Jones

The biggest contract awards listed by value

US oil production

The impact of US shale oil on the Middle East Subscription Required

6 April 2015 | By Kevin Baxter

Cheaper production could spell disaster for many of the region’s conventional oil fields

Ethylene production costs

Oil price drop will lower GCC petrochemicals margins Subscription Required

15 February 2015 | By Mark Watts

Regional producers will face stronger competition from naphtha-based crackers in Asia and Europe

Marla Valdez Subscription Required

28 January 2015

Marla Valdez is partner, Energy Middle East and Africa at Dentons

Andrew Figgins Subscription Required

28 January 2015

Andrew Figgins is managing associate at Dentons Muscat in Oman

Sultan Qaboos bin Said al-Said Subscription Required

22 January 2015

Sultan Qaboos bin Said al-Said is ruler of Oman

Railway construction

Rail projects safe from oil price drop Subscription Required

19 January 2015 | By Hossam Abougabal

No sign of delays for existing rail and metro projects across the GCC although new project plans unlikely to materialise this year

Average LNG import prices to Japan

GCC LNG exporters hit as prices plummet Subscription Required

14 January 2015 | By Mark Watts

Lower Asia demand growth and tumbling crude price signal weak liquefied natural gas market in 2015

Abu Bakr al-Baghdadi

People to watch 2015 Subscription Required

5 January 2015

Twelve key figures who will shape the region’s economy in the coming year

oil

Impact of falling oil prices on Oman Subscription Required

17 December 2014

With smaller oil reserves and a much higher budget breakeven oil price, Oman is more vulnerable to low crude prices than the four biggest GCC economies, but stands in a far stronger position than Bahrain

Comment

Refining and petrochemicals developments in the region are bearing the brunt of lower oil prices

Downstream projects most under threat Subscription Required

4 May 2015 | By Mark Watts

Refining and petrochemicals developments in the region are bearing the brunt of lower oil prices

No sign of slowdown in Oman oil investment

No slowdown in Oman oil investment Subscription Required

14 April 2015 | By Mark Watts

Oil production still profitable, but sustaining national budget is a concern amid lower crude prices

The majority of the labourers working on the GCC’s construction sites come from India and other subcontinent countries

GCC contractors consider bumper Indian budget Subscription Required

5 March 2015 | By Colin Foreman

Competition may subside, but labour costs could increase

Philippa Wilkinson

Oman continues high capital spend Subscription Required

3 March 2015

Key projects will go forward in 2015

Construction

New vision for GCC construction workforce Subscription Required

22 February 2015 | By Sachin Kerur

Development of a regional policy for hiring workers is under discussion

Coal-fired power plant

Coal back on the agenda Subscription Required

27 January 2015 | By Andrew Roscoe

GCC and North Africa look to coal for power generation

Saudi Aramco's Khurais oil field in Saudi Arabia

Masters of the new world energy order Subscription Required

18 January 2015 | By Edmund O'Sullivan

The GCC, the worlds’ biggest energy exporter, and the US, the world’s largest energy consumer are emerging as leaders in a new world energy order

Muscat, the capital of Oman

Oman’s highest budget ever Subscription Required

6 January 2015 | By Philippa Wilkinson

Is Oman’s increase in spending driven by bravery or fear?

Saudi Aramco's Khurais oil field in Saudi Arabia

Why GCC producers are happy to see oil fall Subscription Required

18 December 2014 | By Edmund O'Sullivan

The GCC’s oil producers will be the biggest winners from the 2014 oil price crash

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By Richard Thompson

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

While other Arab nations adopt firm stances on regional politics, Muscat is content to straddle the fence

Oman remains on the sidelines Subscription Required

6 November 2014

While other Arab nations adopt firm stances on regional politics, Muscat is content to straddle the fence

Oman plastics drive

Liwa Plastics a milestone for Oman diversification Subscription Required

30 October 2014 | By Mark Watts

Sohar megaproject receives first major industrial gas allocation for almost a decade

Power generation

Power leads privatisation drive in Oman Subscription Required

30 October 2014 | By Andrew Roscoe

Creating a spot market for electricity pricing is the latest plan for the country’s utility sector

New Oman projects could boost exports

New Oman projects could boost gas exports Subscription Required

16 October 2014 | By Mark Watts

Khazzan project gathers steam with most of construction on track to start in 2015

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