Rural Areas Electricity Company has awarded the contract for the construction of a new Masirah Island Power Plant to Global Chemicals & Maintenance Systems. An OER report.
Sohar 2 and Barka 3 are twin facilities with 744MW power generation capacity each. Both plants represent a total investment of $1.7bn.
The PDO day witnessed the introduction of the first PDO ICV awards to recognise the outstanding ICV achievements of its contractors and staff, and the launch of an ICV directorate
The Sultanate is well-positioned to grow into a hub for solar EOR technologies and supporting industries.
Success in energy investing requires a nuanced and sophisticated grasp of positioning, sentiment and sector rotation.
An additional $64bn In-Country Value (ICV) generation opportunities have been identified in the recently unveiled blueprint strategy for the ICV development in Oman’s oil and gas industry.
Public spending increased by nearly 40 per cent to RO1,520mn in the first two months of 2013, from nearly RO1,086mn in the same period of 2012.
Oman Cables Industry has introduced efficient water and electricity management systems at its factory and office premises, aimed at reducing its water and electricity consumption by 15 per cent and 5 per cent respectively