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Oman News and Analysis

News

Oman prepares for budget cuts

Oman prepares for budget cuts Subscription Required

26 November 2014 | By Philippa Wilkinson

Budget for 2015 will reduce spending on projects and social programmes

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030 Subscription Required

25 November 2014 | By Richard Thompson

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Mining

Savannah Resources invests in Oman copper Subscription Required

20 November 2014 | By Philippa Wilkinson

Savannah to make $4.6m investment in Al-Thuraya

Acwa Power signs deal to expand Barka desalination capacity

Acwa Power signs deal to expand Barka desalination capacity Subscription Required

20 November 2014 | By Andrew Roscoe

Saudi-led consortium will expand capacity of Barka 1 independent water and power plant

Oman invites bids for Sohar wastewater treatment plant

Oman invites bids for Sohar wastewater treatment plant Subscription Required

20 November 2014 | By Philippa Wilkinson

Tebodin bids low for supervision services contract

Oman invites bids for Sohar port desalination plant

Oman invites bids for Sohar port desalination plant Subscription Required

20 November 2014 | By Philippa Wilkinson

Prequalified companies bidding for consultancy and construction contracts

Oil sector

Lower crude could affect future spending in Oman oil sector Subscription Required

19 November 2014 | By Mark Watts

But ministry says current expansion projects will go ahead as planned

Oman invites bids for package 11 of Batinah Expressway

Oman invites bids for package 11 of Batinah Expressway Subscription Required

16 November 2014 | By Andrew Roscoe

Sultanate has already awarded $2.1bn of contracts on road project

BP awards $4bn of contracts on Khazzan field

BP awards $4bn of contracts on Khazzan field Subscription Required

12 November 2014 | By Mark Watts

Group preparing to start third drilling rig on Oman tight gas development

Oman crude prices sink below $80 a barrel

Oman crude prices sink below $80 Subscription Required

12 November 2014 | By Mark Watts

Benchmark price hits new four-year low as market slump continues

Oman extends bid deadline for water distribution deal

Oman extends bid deadline for water distribution deal Subscription Required

12 November 2014 | By Andrew Roscoe

Project part of sultanate’s plan to upgrade transmission infrastructure

Oman to award Seeb sewer network package

Oman to award Seeb sewer network package Subscription Required

11 November 2014 | By Philippa Wilkinson

Galfar Engineering emerges as low bidder

Wastewater

Oman evaluating bids for al-Ansab extension Subscription Required

10 November 2014 | By Philippa Wilkinson

Haya to award contract in early 2015

Sultan Qaboos bin Said, ruler of Oman

Sultan Qaboos broadcasts address for Omani National Day Subscription Required

9 November 2014 | By Philippa Wilkinson

The 73-year-old leader is receiving medical treatment in Germany and is unable to attend celebrations

US Secretary of State John Kerry (R) and Iran's Foreign Minister Javad Zarif (L) shake hands as Oman's Foreign Minister Yusuf bin Allawi (2nd R) and EU envoy Catherine Ashton watch in Muscat on 9 November

Iran nuclear talks take place in Muscat Subscription Required

9 November 2014 | By Philippa Wilkinson

Final 24 November deadline approaches but major issues remain unresolved

Wind farm

Oman tenders legal and technical advisory for Dhofar wind farm Subscription Required

9 November 2014 | By Philippa Wilkinson

Companies invited to bid to provide services for 50MW project

Qatari Diar has signed an agreement with Oman's Tourism Ministry to develop Ras al-Hadd, a multi-use eco-themed tourism project

Qatari Diar signs deal to develop Oman Ras al-Hadd project Subscription Required

6 November 2014 | By Philippa Wilkinson

Eco-tourism scheme will cover 2 million square metres

Convention Centre, Oman

Oman tourism efforts paying off Subscription Required

5 November 2014 | By Philippa Wilkinson

Visitor numbers show 11 per cent increase in 2014

Contractors submit bids for Oman convention centre

Contractors submit bids for Oman convention centre Subscription Required

5 November 2014 | By Colin Foreman

Indian firm bids low for main contract

Oman peak demand forecast

Final negotiations for Musandam power contract Subscription Required

2 November 2014 | By Andrew Roscoe

Project company led by Oman Oil Company is close to awarding construction contract for 120MW plant

Analysis

Nationals in petrochemicals workforce

GCC chemicals industry creating local jobs with varied success Subscription Required

14 October 2014 | By Mark Watts

Industry group says almost 150,000 people directly employed in regional chemicals sector

GCC oil and gas awards

GCC oil and gas spend hits long-term high in 2014 Subscription Required

16 September 2014 | By Mark Watts

Six-country bloc has invested $29bn to date driven by resurgence in Kuwait projects

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription Required

17 August 2014 | By Rebecca Spong

Investors face a widening and complex web of risks in the Middle East and North Africa region

Rigs operating in the Middle East and North Africa, June 2014

Middle East rig count on the rise Subscription Required

31 July 2014 | By Kevin Baxter

The region is now the world’s second-biggest market for operating oil rigs

Oil offshore

Oil exporters put the brakes on spending Subscription Required

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Oman’s middle-sized banks fight for market share Subscription Required

5 June 2014 | By Rebecca Spong

Tighter regulation heightens competition among Oman’s banks

Oman commercial banks deposit base

Oman’s banks remain resilient to shocks Subscription Required

22 May 2014 | By Rebecca Spong

Central bank warns sector to diversify funding base

Oman crude and condensates production 2013

Oman oil and gas output up in 2013 Subscription Required

12 May 2014 | By Mark Watts

Hydrocarbons production increases despite crude drop for state oil producer Petroleum Development Oman

Recovery

The growing appetite for bonds Subscription Required

10 April 2014 | 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 | 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

Comment

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

Oman remains on the sidelines

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

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

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

16 October 2014 | By Mark Watts

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

Markets and bonds

Bonds market gains maturity Subscription Required

10 April 2014

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 Subscription Required

10 April 2014

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

Oman

Oman looks forward to a positive future Subscription Required

3 April 2014 | By Elizabeth Bains

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

Gas

The Khazzan tight gas test Subscription Required

13 February 2014 | 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

Oman

Crackdown a first step to reform Subscription Required

30 January 2014 | By Mark Watts

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

Awards

Local contractors dominate in 2013 Subscription Required

16 January 2014

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 | By Mark Watts

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

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