UK-based KCA Deutag (KCAD), a global drilling, engineering and technology provider, has been awarded contracts worth more than $150 million in Oman, from the country’s leading exploration and …
Oman logs $52bn foreign investment in 2018
The total foreign investments in Oman reached RO19.96 billion ($51.7 billion) by the end of 2018, up by 12.1%, compared to RO17.80 billion in 2017, a media report said. The foreign direct investment …
Oman Joins Gulf Neighbors by Introducing 5% Value-Added Tax
(Bloomberg) — Cash-strapped Oman is planning to introduce a delayed 5% value-added tax in April, following the lead of Gulf neighbors.The levy will exempt essential food items, medical care, …
Malaysia’s Petronas starts production in Oman’s Ghazeer gas field
Malaysia’s state energy firm Petronas on Monday announced the start of production from Phase 2 of its Ghazeer gas field located in Block 61, Oman, three years after the Khazzan gas field (Phase 1) was …
Oman plans to introduce 5% VAT from April 2021
Muscat: Cash-strapped Oman is planning to introduce a 5 per cent value-added tax in April, following the lead of Gulf neighbors. Essential food items, medical care, education and financial services …
Oman to introduce 5% value-added tax in six months’ time
Oman’s ruler has issued a decree to start levying a 5% value-added tax in six months’ time, state-run Oman TV said on Monday, as the Gulf oil producer seeks to boost revenues battered by low oil …
Oman to implement 5 pct VAT starting in six months: Oman TV
Oman’s ruler has issued a decree to start levying a 5 percent value-added tax in six months’ time, state-run Oman TV said on Monday, as the Gulf oil producer seeks to boost revenues battered by low …
Oman to Join Gulf Neighbors by Introducing 5% Value-Added Tax
Cash-strapped Oman is planning to introduce a 5% value-added tax in April, following the lead of Gulf neighbors.
BP starts Oman’s giant Ghazeer gas field
BP has started production at Oman’s giant Ghazeer natural gas field, which is set to underpin the company’s oil and gas output for years as it shifts to renewables.
BP launches production from giant Oman gas field
BP says it has started production at Oman’s Ghazeer natural gas field, which is expected to underpin the company’s oil and gas output for years as it shifts to renewables.The company says Ghazeer, the …