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Tag: Energy

GIB Secures $1 Billion Term Loan Financing for EDO: What This Means for Business Growth and Investment Opportunities in Oman

Gulf International Bank (GIB) closed a $1 billion five-year loan for Energy Development Oman (EDO), arranged with Mashreq. The deal,

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Energy Logistics Project at Duqm: Key Insights for Investors and Business Owners in Oman

MUSCAT: A masterplan for energy storage and terminal infrastructure at the Special Economic Zone at Duqm (SEZAD) is underway. Oman

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Fourth Energy and Minerals Forum in Al Wusta: Key Insights for Investors and Entrepreneurs in Oman’s Resource Sector

The Fourth Energy and Minerals Forum, organized by the Ministry of Energy and Minerals in Al Duqm, highlighted investment opportunities

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$10 Billion Investments in Duqm: Unlocking New Opportunities for Businesses in Oman

OQ, Oman’s global energy investment company, has transformed the Special Economic Zone at Duqm (SEZAD) into a hub for industrial

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EDO Reports $7.44 Billion H1 Revenues: Key Insights for Investors and Business Owners

Energy Development Oman SAOC (EDO) reported $7.44 billion revenues for H1 2025, down from $8.28 billion in 2024, due to

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EPSA Extended After Hydrocarbons Discovery in Oman’s Block 47: What It Means for Investors and Business Growth

The partnership of Italian energy giant ENI and OQEP Oman received a six-month extension for Phase 1 of their Exploration

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North Oman Gas & Condensate Discovery Under Test Production: Implications for Investors and Businesses in Oman

Occidental (Oxy) has announced a significant hydrocarbon discovery in north Oman, currently undergoing production testing. The "North Oman Gas &

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Global Power Grid Expansion Sparks Surge in Copper Demand: What It Means for Investors and Businesses

Copper demand is soaring due to investments in power grids for digital and clean energy. Supply from major producers like

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EDO Reports $3.776 Billion in Q1 2025 Revenues: Key Insights for Investors and Business Owners in Oman

Energy Development Oman SAOC (EDO) reported Q1 2025 revenues of $3.776 billion, down from $4.005 billion in the same period

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