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Oman News and Analysis

News

Thales wins Oman airports security contract

Thales wins Oman airports security contract Subscription Required

1 September 2015 | By Jennifer Aguinaldo

Firm will deploy security solutions at Muscat International and Salalah airports

Petrochemicals

BP to provide technology for Oman polyester plant Subscription Required

1 September 2015 | By Mark Watts

Sohar project expected to be tendered later in 2015

Galfar awarded Duqm refinery site preparation work

Duqm refinery services corridor tendered Subscription Required

30 August 2015 | By Mark Watts

Project will allow Duqm Refinery to lay pipes connecting to Port of Duqm

Deadline extended for next Oman independent power project

Oman receives bids for next IPP Subscription Required

30 August 2015 | By Andrew Roscoe

Sultanate’s largest planned power project will be split over two sites

Railway

Oman Rail prepares to award first contract Subscription Required

30 August 2015 | By Jennifer Aguinaldo , Philippa Wilkinson

Construction for first phase of Oman national railway to start by end 2015

Abu Dhabi has no timeline for onshore concession stakes

DNO withdraws from Oman exploration blocks Subscription Required

27 August 2015 | By Mark Watts

Norwegian company retains two blocks in sultanate; reports second quarter loss

The Salalah 2 independent power project (IPP) in Oman

Oman IPP reaches financial close Subscription Required

27 August 2015 | By Philippa Wilkinson

Seven local and international banks finance project

Muscat, Oman

Oman economic mood darkens Subscription Required

25 August 2015 | By Philippa Wilkinson

Continued falls in oil price increase deficit worries

Antimony plant secures financing

Tri-Star Resources finalises Oman project finance Subscription Required

25 August 2015 | By Philippa Wilkinson

Antimony plant secures financing

Suez Environnement wins Muscat waste facility deal

Consortium awarded Oman waste deal Subscription Required

25 August 2015 | By Andrew Roscoe

Joint venture will build integrated waste storage facility at economic zone

The Saudi Stock Exchange (Tadawul)

Tadawul leads further day of GCC market losses Subscription Required

25 August 2015 | By Philippa Wilkinson

Sell-off moderates but Saudi Arabia suffers

Muscat

Oman's United Finance Company rejects takeover Subscription Required

25 August 2015 | By Philippa Wilkinson

Board rejects sole remaining bidder

Saudi Stock Exchange (Tadawul)

GCC stock markets fall on new oil lows Subscription Required

20 August 2015 | By Philippa Wilkinson

Tadawul and DFM hardest hit

Muscat, Oman

Oman budget deficit exceeds projections Subscription Required

20 August 2015 | By Philippa Wilkinson

Lower than expected oil prices hit sultanate’s finances

Retail

Taxation a credible option to grow revenues Subscription Required

18 August 2015 | By Jennifer Aguinaldo

Deloitte argues regional governments running out of alternatives to plug revenue gaps

Oman seeks firms for regional airport

Oman seeks firms for regional airport Subscription Required

18 August 2015 | By Jennifer Aguinaldo

Two-phased consultancy work required for Musandam airports

Desalination plant

Seven groups submit bids for Oman IWPs Subscription Required

18 August 2015 | By Andrew Roscoe

Plants will have combined capacity of more than 500,000 cubic metres a day

Oman receives bids for independent water projects

Oman receives bids for independent water projects Subscription Required

17 August 2015 | By Andrew Roscoe

Plants will have combined capacity of more than 500,000 cubic metres a day

Bidders shortlisted for Oman Cultural Complex

Bidders shortlisted for Oman Cultural Complex Subscription Required

16 August 2015 | By Joanna Justin

Four companies have been selected for the contract

Design for Oman Liwa Plastics project complete

Oman receives bids for $3.6bn plastics complex Subscription Required

12 August 2015 | By Wil Crisp

State-owned operator says the response from contractors has been positive

Analysis

GCC price indices 2015

Oil price volatility hits stock markets Subscription Required

14 July 2015 | By Philippa Wilkinson

Mixed results for GCC equity markets during first half

Construction

Saudi Arabia dominates region's project finance sector Subscription Required

14 July 2015 | By Philippa Wilkinson

Uncertain pipeline for second half of year, but 2016 shows promise

Oman seeks interest in Duqm acetic acid plant

Governments turn to private sector for project funding Subscription Required

9 July 2015 | By Philippa Wilkinson

Sustained lower oil prices could push governments towards alternative lending models

GCC oil and gas contract awards 2009-15

Kuwait buoys slump in GCC oil and gas spending Subscription Required

8 July 2015 | By Mark Watts

Contract awards slow in key Middle East oil-exporting markets

Central Bank of Bahrain

GCC governments turn to debt Subscription Required

7 July 2015 | By Philippa Wilkinson

Debt issuances welcomed by banking community

Sum of GCC contract awards and Brent crude oil price

Saudi Arabia project awards resilient amid GCC decline Subscription Required

7 July 2015 | By Wil Crisp

GCC first-half contract awards fall by almost a third amid low oil prices

Etihad Rail awards employee housing deal

Transport awards dip as decision making slows in 2015 Subscription Required

7 July 2015 | By Jennifer Aguinaldo

Project awards value during the first half of 2015 contracts by 36 per cent compared to figures from the same period last year

Corruptioin perception and press freedom in Mena

Tackling the problem of corruption Subscription Required

1 July 2015 | By Dominc Dudley

The region’s policies to weed out malpractice and fraud are rarely seen as effective

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

Oman prepares to borrow to keep project programme on track Subscription Required

29 June 2015 | By Edmund O'Sullivan

Sultanate has more than $100bn-worth of schemes in the pipeline, but it needs banks and investors to finance at least part of this sum

Middle East steel usage

Imports depress GCC steel prices Subscription Required

16 June 2015 | By Mark Watts

Reduced demand in China has steered its cheaper steel exports into the Middle East

Comment

Jennifer Aguinaldo

Why Gulf VAT could be bad news Subscription Required

19 August 2015 | By Jennifer Aguinaldo

Imposing value-added tax (VAT) across the Gulf seems likelier than ever

Jennifer Aguinaldo

The case for private financing Subscription Required

21 July 2015 | By Jennifer Aguinaldo

Fiscal constraints may not be the best reason to turn to PPP but it is the strongest driver yet for its acceptance in the region

Mark Watts

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

Mark Watts

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

Colin Foreman

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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