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Oman News and Analysis

News

Oman road dualization scheme

Muscat receives bids for Barka to Nakhal road project Subscription Required

14 September 2014 | By Colin Foreman

Scheme involves turning the existing Barka to Nakhal road into a dual carriageway

Liquefied petroleum gas storage

Oman tenders Muscat city gas project design Subscription Required

11 September 2014 | By Mark Watts

Scheme to provide reliable residential gas supply in Omani capital and save liquefied petroleum gas

Rig

Solar oil recovery group gets $53m investment Subscription Required

10 September 2014 | By Mark Watts

GlassPoint receives funding from Oman’s State General Reserve Fund and Shell

Oman road

Firms bid for Oman expressway project management Subscription Required

10 September 2014 | By Colin Foreman

Construction work on the Batinah Expressway scheme has already started

Oman has received prices from four contractors for a building package at Sohar regional airport

Oman receives bids for Sohar airport Subscription Required

10 September 2014 | By Colin Foreman

Indian contractor emerges as low bidder

Oman has received bids from six consortiums for the contract to develop the Qurayyat independent water project

Bids in for Oman independent water project Subscription Required

9 September 2014 | By Andrew Roscoe

Six consortiums are competing for Qurayyat scheme

Power generation

Oman extends deadline for Salalah power project Subscription Required

9 September 2014 | By Andrew Roscoe

New closing date is in late October

Petrochemical plant

Oman invites prequalification on Liwa Plastics Subscription Required

9 September 2014 | By Mark Watts

Sohar petrochemicals complex split into four construction packages

Oman has received bids from at least five companies to build a refined products pipeline linking Muscat with Sohar

Bids in for Muscat-Sohar pipeline Subscription Required

7 September 2014 | By Mark Watts

Indian, Egyptian and local companies compete for Oman refined products infrastructure deal

City Centre Muscat expansion

Majid al-Futtaim plans further expansion to City Centre Muscat Subscription Required

4 September 2014 | By Colin Foreman

Work will involve adding 60 new retail and dining outlets

Rail

Oman tenders first railway section Subscription Required

2 September 2014 | By Colin Foreman

There are 18 groups prequalified for design and build package

Oman Wadi Dayqah dam

Islamic Development Bank to finance Oman water scheme Subscription Required

2 September 2014 | By Andrew Roscoe

Project will supply water to certain areas in Oman

Petrochemicals plant

Mott MacDonald wins Oman natural gas liquids plant design Subscription Required

1 September 2014 | By Mark Watts

Fahud project to extract products from pipeline gas to feed planned Sohar petrochemicals complex

Power supply in rural Oman

Local firm wins Oman fuel contract for rural power facilities Subscription Required

1 September 2014 | By Andrew Roscoe

Fuel will be used for power stations outside of ulstanate’s main grid

Fujairah

Gulf Petrochem eyes UAE downstream expansions Subscription Required

31 August 2014 | By Mark Watts

Fujairah bitumen refinery in the pipeline as Sharjah-based group’s revenue surges

Cairo

National Bank of Oman positive on Egypt Subscription Required

25 August 2014 | By Rebecca Spong

Egypt’s large-scale investment plans attract bank

Refinery pipes

Al-Hassan wins $68m piping deal on Sohar refinery expansion Subscription Required

25 August 2014 | By Mark Watts

Local group awarded sub-contract by Petrofac/Daelim consortium

Oman

Oman extends deadline for water network project Subscription Required

24 August 2014 | By Andrew Roscoe

Work will involve expanding distribution networks in Muscat

Oil pump in Oman

Oman Oil Company appoints new CEO Subscription Required

24 August 2014 | By Mark Watts

Isam bin Saud al-Zadjali replaces previous head jailed in corruption crackdown

Offshore support vessel

Standard Chartered invests in Topaz Energy and Marine Subscription Required

21 August 2014 | By Rebecca Spong

Topaz is a subsidiary of Oman-based Renaissance Services

Analysis

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

GCC gas contracts

Uptick in GCC gas awards expected in 2014 Subscription Required

12 February 2014 | By Mark Watts

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

Kuwait

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

14 January 2014 | By Mark Watts

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

Comment

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

Gas

Muscat fired up by gas potential Subscription Required

7 November 2013 | 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

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

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