A major maritime disaster unfolded off the coast of Oman on Monday, as a Comoros-flagged oil tanker, the Prestige Falcon, capsized approximately 25 nautical miles southeast of Ras Madrakah, near the port town of Duqm. The incident has left 16 crew members, including 13 Indians and three Sri Lankans, missing, triggering a large-scale search and […]
VA TECH WABAG (‘WABAG’), a globally renowned Indian multinational specializing in water technology, has announced securing a significant order worth approximately 850 million INR. This contract, awarded by Nama Water Services in the Sultanate of Oman, encompasses the operation and maintenance (O&M) of the Al Duqm Desalination Plant for a period of five years. Overview […]
In a significant move for green energy, a consortium led by Actis, a leader in sustainable infrastructure investments, and Fortescue, a global force in integrated green energy and technology, has been awarded the rights to develop a groundbreaking green hydrogen project in Oman. This initiative, announced at a signing ceremony in Muscat by Hydrogen Oman […]
During a significant meeting in Muscat on April 21st, Patrick Pouyanné, Chairman and CEO of TotalEnergies, together with His Majesty Sultan Haitham bin Tariq Al Said of Oman and His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy & Minerals, reaffirmed TotalEnergies’ long-standing partnership with the Sultanate of Oman. This visit also marked […]
Larsen & Toubro (L&T), a leading technology, engineering, construction, manufacturing, and financial services conglomerate, has made a significant stride in its global expansion with its Building & Factories (B&F) Business securing substantial orders ranging from Rs 1,000 crores to Rs 2,500 crores in India and Oman. Major Residential Project in Navi Mumbai In India, the […]
TotalEnergies has amended its existing partnership with Oman LNG, ensuring the French multinational energy company will maintain its 5.54% stake in the Omani enterprise. The northeast coast of Oman is home to the Oman LNG liquefaction complex, equipped with two trains boasting a combined annual production capacity of 7.6 million metric tons (Mtpa) of liquefied […]
Shell Gas BV, an affiliate of Shell plc, along with its consortium in the Oman LNG LLC venture, has endorsed an updated shareholders’ pact for Oman LNG, ensuring the venture persists past 2024. Further solidifying its future, Oman LNG signed multiple contracts to guarantee its gas reservoirs remain active till 2034. This pivotal signing event […]
Gravita India Limited, an Indian recycling company, said that Gravita Netherlands BV (GNBV), its step-down subsidiary, has executed a memorandum of understanding (MOU) for setting up a battery recycling plant in Oman. The plant will be the first facility for Gravita India in the Middle Eastern market. Gravita Netherlands BV will own 50% of the […]
Shell said that its subsidiary Shell Integrated Gas Oman has started production of gas from the Mabrouk North East field in Oman’s Block 10. The oil and gas giant has an operating stake of 53.45% in Block 10. Its partners are OQ (formerly Oman Oil Company) and Marsa Liquefied Natural Gas, which hold stakes of […]
Petrofac, a services provider to the energy industry, has bagged three new engineering and procurement services (EPS) contracts in Oman from Shell. The first of the scopes is an EPS contract for five years for the Mabrouk phase 2 project in Block-10, Al Wusta Governate, located nearly 400km from Muscat. The contract was awarded by […]