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Oman News and Analysis


Spanish firm wins contract to design National Museum of Oman Subscription Required

22 April 2014, 9:56 GMT | By Jeff Florian

National Museum of Oman will feature 7,000 objects in 12 galleries

Bank Sohar posts Q1 profit increase Subscription Required

21 April 2014, 8:49 GMT | By Rebecca Spong

Results follow National Bank of Oman’s positive results

Oman extends ban on hiring expatriate labourers Subscription Required

15 April 2014, 6:51 GMT | By Jeff Florian

Government aims to create more jobs for Omani nationals

Oman invites bids for water distribution project Subscription Required

8 April 2014, 11:55 GMT | By Andrew Roscoe

Work will involve upgrading Bausher water network in Muscat

Oman invites interest in Sohar desalination project Subscription Required

6 April 2014, 8:05 GMT | By Andrew Roscoe

Plant will provide water for Sohar Industrial Port Area

Oman invites financial adviser bids on Sohar petrochemicals complex Subscription Required

1 April 2014, 11:48 GMT | By Mark Watts

Interested companies given 6 May deadline to submit proposals on $3.6bn Sohar petrochemicals project

Oman to tender five independent water projects in 2014 Subscription Required

1 April 2014, 7:57 GMT | By Andrew Roscoe

New schemes will add 116 million imperial gallons a day to sultanate’s desalination capacity

Omantel launches second phase of stake sale Subscription Required

31 March 2014, 13:37 GMT | By Melissa Song Loong

Oman government selling 19 per cent stake in telecoms operator, reducing shareholding to 51 per cent

Iran plans second crude export terminal Subscription Required

31 March 2014, 11:42 GMT | By Mark Watts

Pipeline will connect oil fields with planned crude export terminal at Jask on Gulf of Oman, says government source

WorleyParsons wins Oman petrochemicals contract Subscription Required

30 March 2014, 11:17 GMT | By Mark Watts

Australian group to oversee development of polyester chemicals complex in Sohar

Oman sets up panel to monitor financial stability Subscription Required

27 March 2014, 7:00 GMT | By Jeff Florian

New Oman panel to study risks in the banking and capital markets

Foster Wheeler wins Duqm refinery design contract Subscription Required

25 March 2014, 13:19 GMT | By Mark Watts

Front-end engineering and design on $6bn Duqm project in Oman to be carried out over 14 months

Petrofac wins $1bn deal on Rabab Harweel oil and gas development Subscription Required

24 March 2014, 9:06 GMT | By Mark Watts

UK group will handle engineering, procurement and support for construction and start-up phases

Middle East to maintain feedstock advantage in petrochemicals Subscription Required

24 March 2014, 7:11 GMT | By Mark Watts

Region remains the best placed for supplying Asia markets, despite growing US competition

Oman awards two contracts on $3.6bn petrochemicals complex Subscription Required

24 March 2014, 5:46 GMT | By Mark Watts

CB&I and Engineers India pick up deals on Liwa Plastics’ design and project management

Orpic to revamp catalytic cracking unit at Sohar refinery Subscription Required

23 March 2014, 7:54 GMT | By Mark Watts

State downstream group asks for prequalification submission by mid-April

Contractors given more time for Sezad Duqm headquarters in Oman Subscription Required

23 March 2014, 6:44 GMT | By Jeff Florian

Deadline for Oman’s Sezad Duqm headquarters construction tender extended to 6 April

BP plans $1bn Oman chemicals plant Subscription Required

20 March 2014, 6:51 GMT | By Mark Watts

British oil major to build acetic acid facility at Duqm in central Oman

UAE’s Topaz Marine reports profit increase Subscription Required

18 March 2014, 11:25 GMT | By Rebecca Spong

Dubai-based Topaz Marine’s revenues rise on expansion of fleet

Local firm bids low for Oman road contract Subscription Required

17 March 2014, 6:41 GMT | By Jeff Florian

Two companies submit proposals for road linking Al-Ubaylah and Fayyad



The growing appetite for bonds Subscription Required

10 April 2014, 13:46 GMT | By Melissa Song Loong

Increased corporate activity spurred by strong economic growth is helping to expand the market

Serco is the service provider for the Dubai Metro

Bringing the region's services to life Subscription Required

10 April 2014, 13:21 GMT | By Colin Foreman

Facilities management firm Serco works quietly in the background, providing major services across various sectors in the region, but its CEO is looking to extend its reach

GCC gas contracts

Uptick in GCC gas awards expected in 2014 Subscription Required

12 February 2014, 11:06 GMT | By Mark Watts

Oman’s Khazzan deal the first of several big contracts this year as GCC invests in gas supply


Kuwait set to be biggest GCC oil and gas spender in 2014 Subscription Required

14 January 2014, 13:07 GMT | By Mark Watts

Large contracts on refineries and heavy oil should see Kuwait overtake the UAE this year

Mohammed al-Rumhy Subscription Required

7 January 2014, 6:57 GMT

Mohammed al-Rumhy is oil and gas minister, Oman

Abdelaziz Bouteflika, President, Algeria

People to watch 2014 Subscription Required

6 January 2014, 9:58 GMT

Key figures in the Middle East economy for the coming year

Steel demand

Steel sector to see rising demand Subscription Required

31 December 2013, 8:47 GMT | By Kevin Baxter

Higher public spending is set to spur growth in demand, but challenges threaten the industry’s potential

Petroleum Development Oman: MEED Assessment Subscription Required

30 December 2013, 10:42 GMT | By Mark Watts

PDO has about $10bn of projects in the pipeline between now and 2022

Oman crude output 2000-2013

Petroleum Development Oman Subscription Required

30 December 2013, 10:40 GMT | By Mark Watts

The company must ensure the development of new projects to maintain production targets

Bank Nizwa: MEED Assessment Subscription Required

2 December 2013, 5:18 GMT | By Rebecca Spong

Pure Islamic banks could have funding cost advantages compared with their conventional peers


Markets and bonds

Bonds market gains maturity

10 April 2014, 15:39 GMT

An increasingly diverse base of issuers, driven by strong economic growth is helping to deepen the region’s capital markets

Gasification at Jizan

Higher bid prices return to the GCC

10 April 2014, 15:24 GMT

European firms have been winning work again for a couple of years now, beating South Korean competition


Oman looks forward to a positive future

3 April 2014, 15:52 GMT | By Elizabeth Bains

With the government rooting out corruption, Oman can focus on a concerted projects drive


The Khazzan tight gas test Subscription Required

13 February 2014, 13:59 GMT | By Mark Watts

The region’s producers will be keeping a close eye on the progress of Oman’s new unconventional gas scheme for potential of its model working elsewhere


Crackdown a first step to reform Subscription Required

30 January 2014, 14:05 GMT | By Mark Watts

A corruption investigation into Oman’s oil and gas industry could lead to greater sector transparency


Local contractors dominate in 2013 Subscription Required

16 January 2014, 15:46 GMT

The small size and nature of most contracts awarded last year saw local firms capitalise

UAE-Iran disputed islands

UAE-Iran islands deal would affect Gulf relations Subscription Required

16 January 2014, 12:47 GMT | By Mark Watts

Reported agreement would increase Iran’s influence in Strait of Hormuz and Oman ties


Muscat fired up by gas potential Subscription Required

7 November 2013, 13:07 GMT | By Mark Watts

The development of a huge tight gas project and gas trade potential with Iran could boost Oman’s economy

Gulf midstream

Midstream moves up Gulf agenda Subscription Required

31 October 2013, 13:55 GMT

A world-class midstream sector enables countries to exploit the current boom in oil and gas prices


Muscat pushes on transport upgrade

30 August 2013, 8:19 GMT | By Rebecca Spong

Despite a new wave of transport infrastructure schemes, Oman still lags behind neighbouring GCC states

Growth: Oman looks to expand chemicals production

Oman to become GCC powerhouse Subscription Required

22 August 2013, 14:20 GMT | By Mark Watts

The Liwa Plastics Project and other refinery schemes are set to make the sultanate a top regional producer


Khazzan gas project moves forward Subscription Required

27 June 2013, 12:57 GMT | By Mark Watts

BP agrees a retail gas price with the Muscat government for the scheme

Innovation through research

Time for the GCC to invest more in research Subscription Required

23 May 2013, 15:07 GMT

The GCC must increase investment in learning institutions to develop capabilities for innovation

Energy: New body should oversee supply and demand

Energy body the next bold step

9 May 2013, 15:05 GMT | By Colin Foreman

A single energy ministry to oversee Oman’s power demands would give the sector more coherence

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