Oman-based Bukaka International LLC completed Oman’s first full-set beam pumping unit (BPU) refurbishment locally, enhancing oilfield services. This project supports
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Sharakah signed an MoU with Abw Alkhalyl Alrhby Lla’mal SPC to provide Sharia-compliant financing, boosting working capital and expansion in
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Opec+ may raise oil output by over 411,000 bpd in response to US-Israeli war on Iran and shipment disruptions via
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Key OPEC+ members, including Saudi Arabia and Russia, agreed to increase oil production quotas by 206,000 bpd starting April, citing
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Global markets face high risk as US forces begin major combat operations against Iran, escalating tensions near vital energy routes.
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Meranti Green Steel secured full offtake for its first HBI plant module at Duqm, covering 2.5M t/y output. Buyers include
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Air traffic in the Middle East has been heavily disrupted after US-Israel strikes on Iran. Major hubs like Dubai suspended
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Oman’s economy advanced through legislative reform, digital transformation, and investment promotion. Non-oil exports rose to RO 6.885 billion by 2025,
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Marsa LNG, a joint venture between TotalEnergies and OQ Exploration, achieved a key milestone by successfully setting the roof of
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The Oman Chamber of Commerce and Industry will review the Eleventh Five-Year Plan (2026–2030) priorities on March 2, 2026. Discussions
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