Investment News in Oman
| 11/20/2024 - Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 bil... |
| 8/2/2024 - Tethys Oil, through the Group subsidiary Tethys Oil Block 3&4 Ltd, and Abu Dhabi Commercial Bank (UAE) have signed an agreement for a 5-year MUSD 60 amortising term loan facility. The purpose of the f... |
| 3/26/2024 - In line with the national directive to boost Oman's economic development and attract international investors, Oman Investment Authority (OIA) has launched the 'Future Fund Oman' with a robust capital ... |
| 10/16/2023 - OQ, the global integrated energy group, in collaboration with its partners, has made investments surpassing ten (10) billion American dollars in Duqm. This significant contribution is part of their co... |
| 8/8/2023 - SOHAR Port and Freezone signed a land lease agreement with Sohar Noble Metals (FZC), for the production of Vanadium and Niobium metals in SOHAR Freezone. With a total investment of USD 7 million, this... |
| 10/1/2022 - Abu Dhabi-based investment company ADQ and Oman Investment Authority (OIA) have identified preliminary investments worth over AED 30 billion (USD 8.16bn/EUR 8.42bn) in new projects across Oman in area... |
| 5/29/2022 - The Special Economic Zone at Duqm (SEZAD) announced the readiness of a group of lands allocated in the masterplan for various industrial projects that will be developed in the Zone. The levelling and ... |
| 8/23/2021 - ACME Group has announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. The agreement was signed with The Pub... |
| 2/12/2019 - Under current market conditions and production assumptions, Tethys Oil expects its 2019 investments for the company’s existing operations on Blocks 3&4 and Block 49 in Oman to amount to US$50-55 milli... |
| 12/2/2018 - Oman has announced plans to offer six new oil and gas blocks for investment as part of the 2019 Licensing Round due to be unveiled in the first quarter of next year. The new blocks — distributed acros... |
| 10/27/2017 - Parties to evaluate joint investments in projects on the oil and gas and chemical sectors. The signing of the agreement took place with the assistance of the Russian-Omani Business Council in the fram... |
| 9/12/2017 - A Chinese firm plans to invest $2.8 billion in a major petrochemical project at the Sino-Oman industrial park in Duqm’s Special Economic Zone (SEZ), a Chinese newspaper announced. ... |
| 9/10/2017 - The Ministry of Oil & Gas has unveiled a total of four onshore hydrocarbon blocks for investment as part of the Oman Licensing Round 2017, registration and bidding for which formally commences on Sept... |
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8/13/2017 - Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and commercial co-operation. |
| 8/12/2017 - Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number of projects within the industrial park to 35. The ... |
| 5/25/2017 - Oman Oil Company S.A.O.C. (OOC), the Sultanate’s investment arm in the energy related sectors, and the leading Italian integrated energy company Eni have finalized a Memorandum of Understanding (MoU) ... |
| 5/21/2017 - Oman’s national oil firm Petroleum Development Oman (PDO) plans to increase the number of contracts awarded to local community contracting companies (LCCs) as part of a larger initiative to strengthen... |
| 4/18/2017 - Norwegian oil and gas firm DNO has ploughed in excess of $100 million in Block 8 since it acquired operatorship of the concession offshore Oman’s Musandam peninsula in 2012 — a figure set to rise as t... |
| 2/19/2017 - Oil producers across the Middle East and North Africa (Mena) region have been continuing to spend heavily on oil, gas and petrochemicals’ production capacity despite the fall in oil prices since 2014.... |
| 1/16/2017 - Oman’s Public Authority for Mining (PAM) is formulating a new mining exploration and development strategy, underpinned by a Single Window System for the issuance of new licenses, to help unleash the p... |
