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.

Ghantoot’s 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.