Category: Manufacturing

COMPANIES
Duqm
Duqm authority signs RO199mn contract to build liquid berth

Duqm special economic zone authority on Wednesday signed a OMR199.1 million-engineering, procurement and construction (EPC) contract with Boskalis Westminster (Oman) for building a liquid berth at Duqm. The planned liquid berth will enable Duqm Port to export refined petroleum products and add value in hydrocarbon chain. As per the agreement, Boskalis Westminster (Oman) will carry […]

ECONOMY
Salalah Methanol Company
Salalah Methanol Company secures funding for ammonia project

Salalah Methanol Company (SMC), a wholly owned subsidiary of Oman Oil Company (OOC), celebrated the financial closure for Salalah Ammonia Plant, a sustainable project that will significantly contribute to the development of downstream sector in Dhofar Governorate and the Sultanate’s diversification plans. The ceremony, held in Grand Millennium Muscat, was attended by Isam bin Saud […]

Manufacturing
voltamp 1
Voltamp to supply 4,900 transformers to Kahramaa

Voltamp Energy’s subsidiary, Voltamp Oman Transformer Company, has been awarded two contracts worthRO34mn for the supply of power transformers to the Qatar General Electricity and Water Corporation   Qatar General Electricity and Water Corporation (Kahramaa) has signed a QR350mn (RO34mn) contract with Voltamp Oman for the supply of 4,900 transformers for the electric distribution grid […]

ECONOMY
soharport-
Sohar port breaks container volume record

Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter of 2017 grew by 11 per cent from the same quarter last year, as Sohar emerges as one of the region’s prime logistical hubs. Dry bulk cargo also grew significantly at […]

Industry
S Gopalan
Staying Competitive

Reem Batteries and Power Appliances Company is currently in a consolidation mode and is working on improving its cost competitiveness. The company is aggressively pursuing renewable energy offerings for Oman and some African countries, says CEO S Gopalan                             Can you highlight […]

Industry
NA Ansari
Nerves of steel

NA Ansari, CEO of Jindal Shadeed Iron & Steel, talks about the potential of manufacturing sector in general, and steel industry in particular, to contribute to Oman’s economic diversification, and the key challenges facing the industries     As part of its diversification drive, the government is attracting foreign investments in free zones and special […]

Manufacturing
scaffolding factory
PDO-backed scaffolding factory opens in Sohar

A new factory backed by Petroleum Development Oman (PDO) and specialising in providing scaffolding products and services to Omani industry has been officially opened in Sohar under the auspices of Dr Mohamed Al Rumhy, the Minister of Oil and Gas. Triangle Engineering will supply the Sultanate’s oil and gas and construction sectors and act as […]

Manufacturing
Salalah_Methanol
Salalah Methanol seeks $720mn loan from banks

Oman’s Salalah Methanol Co. has asked banks for a $720 million syndicated loan that the state-run petrochemical company would use for a new ammonia plant and refinancing purposes, banking sources said. Bank Dhofar and Standard Chartered are advising the company on the financing, which is expected to have a 12-year maturity. Banks are expected to […]

Manufacturing
gert-hoeffman_oman-cable
 PIONEERING INITIATIVES

Oman Cables Industry acts as a responsible corporate citizens in compliance with the environmental norms. The company has energy and material saving programmes as well as reusing and recycling initiatives, says CEO, Gert Hoefman Oman Cables Industry has always been at the forefront of the implementation of in-country value (ICV), corporate social responsibility (CSR) and […]

INDUSTRY
Octal Petrochemicals FZC
 Prioritising sustainable growth  

OCTAL Oman’s social investments, professional development programmes and innovative technologies are aimed at spurring socio-economic development, says  Ahmed Al Najjar, Director of Government Affairs  Since its inception, OCTAL Oman has worked tirelessly to provide local communities with sustainable benefits through job creation and essential skills training. The company believes that its role as an Omani […]