Oman Bulletin

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TODAY'S STORIES

Total and PTTEP JV to invest $100 million in new Oman gas block

February 20, 2020

Oman has signed an Exploration and Production Sharing Agreement (EPSA) with the partnership of French energy major Total and Thai state-owned energy conglomerate PTTEP covering the exploration of gas in Block 12 in central Oman. Dr Mohammed bin Hamad al Rumhy, Minister of Oil and Gas, signed the pact on behalf of the Omani government.
Total, with 80 per cent interest, is the operator of the 9,545 sq kilometre concession. PTTEP owns the remaining 20 per cent interest. The license grants the joint venture the right to explore"...

Omani products draw attention at Gulfood 2020

February 19, 2020

Muscat: A variety of showcased Omani products are attracting visitors, investors, industrialists, business owners, agents and suppliers at the ongoing annual food and hospitality event – Gulfood 2020 in Dubai. The Sultanate’s participation in the exhibition is represented by the Public Establishment for Industrial Estates – Madayn in cooperation with Ithraa.

Attracting investments

Eng. Dawood bin Salim Al Hadabi, Director General of Samail Industrial City, stated that Gulfood 2020"...

RO 10 million Islamic financing for Oman copper-gold project

February 20, 2020

The Omani-Australian partnership Al Hadeetha Resources LLC has secured funding to the tune of RO 10 million from Alizz Islamic Bank, which will support the financing of the former’s copper-gold project at Washihi-Mazzaza in Wilayat of Al Mudhaibi in the Sultanate.
Australian-based mining firm Alara Resources is a majority investor in the project, which centres on the commercialization of an estimated 16 million tons of copper ore – billed as the largest single copper resource in the Sultanate to date. The"...

Sohar Port signs license agreement with Albwardy Damen

February 20, 2020

Muscat: In line with its commitment to provide high-quality vessel services, Sohar Port and Freezone entered into an agreement with Albwardy Damen on February 12.

The signing took place Sohar Port and Freezone Head Office, with Mark Geilenkirchen, CEO of Sohar Port and Ibrahim Mohamed Al Shidi, representing Albwardy Damen.

The agreement will see the installation of a 40-foot workshop container at a service jetty in the port and will be Albwardy Damen’s fourth operational location in the Middle"...

Opal and TOGY sign collaboration agreement

February 20, 2020

Muscat: TOGY International Ltd and the Oman Society for Petroleum Services (Opal) signed a collaboration agreement for the production of TOGY’s eighth consecutive report on the Sultanate, The Energy Year Oman 2020.

Formerly known as The Oil & Gas Year exclusive series, The Energy Year Oman 2020 will be the first-of-its-kind to offer a holistic overview of the country’s energy industry at large and showcase the most dynamic companies, projects and undertakings across the entire energy value chain....

Masar Service Centre to begin operations in Al Rusayl and Sohar on Sunday

February 20, 2020

Muscat: Masar Service Centre, which pertains to the Public Establishment for Industrial Estates – Madayn, will officially begin receiving clients starting from next Sunday in Al Rusayl and Sohar Industrial Cities.

In this regard, Masar Service Centre organised recently a discussion session at the Knowledge Oasis Muscat (KOM) with the investors and business owners based at Al Rusayl Industrial City to familiarise them with the services that will be offered through the centre.

Officials at Masar"...

Tigo’s Rapid Shutdown Solution: Over a Million Units Shipped

February 20, 2020

(AETOS Wire)-- Tigo Energy, Inc.®, pioneer of the smart modular Flex MLPE & TS4 Platform, today announced its successful delivery of more than one million rapid shutdown units shipped. These units are available from more than 20 distributors in the U.S. as well as Tigo's PV module and inverter partners in residential and commercial markets. The demand to comply with the U.S. National Electric Code (NEC) 2017 - and now 2020 - 690.12 requirements pushed shipment quantities beyond the company's expectations. Tigo also makes its rapid shutdown units available worldwide as global demand for cost-effective safety solutions is on the rise. Tigo remains the only UL-system-certified multivendor rapid shutdown PV solution for residential and commercial. The company repeatedly warns users that rapid shutdown devices meet NEC requirements if and only if they have been tested and certified......

Andersen Global Enters Morocco; Expands Presence in Northern Africa

February 20, 2020

(AETOS Wire)-- After continuing expansion throughout Southern, Eastern and Western Africa, Andersen Global strengthens its presence in Northern Africa via a Collaboration Agreement with Morocco-based advisory firm M.A. Global Consulting (MAGC).

MAGC was founded in 2005 by Office Managing Partner Mehdi El Attar and has grown to include three partners and nearly 30 professionals. The firm provides"...

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