Omani consortium designed by Marubeni Corporation, Oman Gas Company, Bahwan Renewable Energy Company and Nebras Power. The Amin solar project, with installed capacity of 125 MW (DC), is Oman’s first …
Shapoorji Pallonji firm commissions first Oman solar PV project
Sterling and Wilson Solar, a unit of leading Indian construction group Shapoorji Pallonji and one of the largest solar EPC solutions providers in the world, has announced the successful commissioning …
COVID-19: Oman records 930 new cases; tally at 16,016
Oman has recorded 930 new cases of the novel coronavirus, raising to 16,016 the country’s overall infections, the Omani news agency ONA reported Saturday. The newly diagnosed cases include 239 Omanis …
Covid-19: Oman reports 930 new coronavirus cases
Oman’s Ministry of Health, MoH, announced on Saturday 930 new positive cases of Covid-19 in the Sultanate, including 239 Omanis and 691 residents, which brought the total number of positive cases in …
Oman to combine wealth funds into one $17bn entity
Oman will combine its two wealth funds into one entity, which will hold assets valued at about $17 billion. The Oman Investment Authority will manage all assets and liabilities of the State General …
BP to Divest Stake in Oman Gas Project for Over $1 Billion
BP plc BP is in early talks to divest around 10% interest in Oman’s Khazzan natural gas field for more than $1 billion, per Bloomberg. This divestment will likely help the company to reduce its debt …
COVID-19: Oman reports 770 new cases, 5 deaths
Oman has confirmed 770 new cases of the novel coronavirus, raising to 15,086 the country’s overall infections, the Omani news agency ONA reported Friday. The newly diagnosed cases include 343 Omanis …
Oman creates institution to manage investments
From the Newsroom São Paulo – The Oman Investment Institution was established this Thursday (4) by sultan Haitham Bin Tarik (pictured), Oman News Agency ( ONA ) reported. The new entity will manage …
Oman Shifts Wealth Funds Into New Entity With $17 Billion Assets
Oman will combine its two wealth funds into one entity, which will hold assets valued at about $17 billion. The Oman Investment Authority will manage all assets and liabilities of the State General …
Oman to set up investment authority to manage state assets
Oman is setting up the Oman Investment Authority to own and manage most of the country’s sovereign wealth fund and finance ministry assets, state TV reported on Thursday, citing a decree from the …