Oman’s Nama Power and Water Procurement Company (PWP) has announced that it is seeking bids from qualified companies for providing project management and supervisory consultancy services for the 300MW Marsa Solar Independent Power Project (IPP) in the sultanate.
OQ Exploration and Production (OQEP) Company has signed a memorandum of understanding with Libya’s Investment Authority to strengthen energy cooperation. The agreement aims to explore joint oil and gas investment opportunities in Oman, Libya and international markets.
Al Mouj Muscat, Oman's flagship integrated tourism destination, has contributed $2.3 billion to the sultanate's GDP over the past two decades, said a study, adding that it had evolved from a pioneering waterfront development into one of the region's most mature integrated destinations.
France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements.
Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar, a Reuters report said quoting traders.
Oman welcomed 77,000 French tourists in 2025, a 25% increase year-on-year, with growth continuing into 2026 as first-quarter arrivals rose 10% to more than 24,600, driven by tourism promotion, improved connectivity and the country's cultural appeal.
Oman has awarded Block 80 to OQEP and Turkish Petroleum, covering 5,737 sq km in Musandam. The $90 million exploration programme includes seismic surveys and drilling wells to enhance hydrocarbon development under Oman Vision 2040.
Leading Omani group National Finance has announced the expansion of its consumer durables financing portfolio, offering loans with repayment periods of up to eight years to help customers finance household purchases, including furniture, electronics and home appliances.
Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).
Integrated Gas Company (IGC) has signed a new series of agreements under Oman's Spot Gas Market, expanding a market-based mechanism introduced last year to improve the allocation of the sultanate's natural gas supplies.
