Abu Dhabi group says Oman project will include carbon-capture facility
UAE conglomerate Ghantoot Group is planning to invest in a $700m fertiliser plant in the port of Duqm in central Oman.
The project includes a bio-fertiliser facility with captive-power and carbon-capture technology that can contribute to the agriculture sector and enhanced oil recovery (EOR) in the energy sector, the company says.
Ghantoots investment also includes a 45,000 cubic-metre-a-day (cm/d) seawater reverse osmosis (SWRO) plant to supply potable and process water.
The company is planning to invest $1bn in Oman over a three-year period on projects that will directly create 300 jobs.
You might also like...
Energy resilience matters as much as capacity
13 March 2026
Qatar’s new $8bn investment spices up global LNG race
13 March 2026
Risk calculus shifts for regional PPP projects
13 March 2026
RELATED
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.
