News

Muscat: The total number of fibre-optic subscriptions in the Sultanate of Oman reached 339,309 by the end of June 2025, ...
Arabian Gulf Business Insight on MSN3h

BP and partners to boost gas capacity in Oman

BP and its partners have started work to increase gas production capacity to supply Oman’s planned liquefied natural gas project. BP operates Oman’s Block 61 in Khazzan and Ghazeer, holding a majority ...
In June, OQEP and its Block 47 partner, ENI Oman BV, secured an agreement with the Ministry of Energy and Minerals to extend ...
Discover the allure of Wakan Village in Oman, a rising eco-tourism destination known for its breathtaking mountain views, ...
Designed with flexibility, transparency, and scalability at its core, Oman’s third auction round is progressing with strong ...
Arabian Gulf Business Insight on MSN10h

Lower oil prices reduce profit at Oman’s OQEP

Oman’s second-biggest producer of crude, fell in the first half of 2025 due to a drop in oil prices. Net profit declined 11 percent to OR167 million ($434 million) in the six-month period from OR187 ...
Oman has reportedly begun offering flexible foreign resident cards with validity options of one, two or three years. For ...
Muscat: The Sultanate of Oman’s Foreign Ministry strongly condemned statements by the Israeli Prime Minister regarding what ...
The Sultanate of Oman, represented by Hydrom, the orchestrator of its national Green Hydrogen Strategy, has announce ...
Royal Oman Police launches flexible validity options for expatriate residence cards, valid for 10 years now, aligning with ...
Oman’s Hydrom has unveiled new fiscal incentives aimed at enhancing the commercial viability of projects in its third green ...
The sultanate’s Energy & Minerals Ministry has awarded exploration rights for mining concessions 11C, 51-G1 and 51-G2 to two ...