Oman to establish the world’s first solar-powered Direct Air Capture project
The project will capture CO2 from the atmosphere for eventual utilisation in industrial applications...
Tag : Oman
Oman implements 5% VAT
Oman becomes the fourth GCC country to introduce VAT...
BP agrees to sell 20% stake in Oman’s Block 61 for $2.6 bn
The stakes will be sold to Thailand’s PTT Exploration and Production...
Oman announces the foundation of a new state-owned energy company
The purpose of the new company is to transfer government stake in Concession Area 6 to EDO...
Oman plans to increase government revenue to OMR12 bn by 2024
The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024...
Petronas mulls exiting Gharraf oilfield in Iraq: CEO
The oil giant operates the Gharraf oilfield with a 45 percent stake...
Port of Duqm sees expansion for trade and customs clearance
The new customs centre will help the port to become fully ready for commercial operations and faster clearance of shipments...