energy sector | Omanet

Majd Award Launched to Boost Local Content: What It Means for Businesses and Investors in Oman

By Oman Market
Economy

The Ministry of Energy and Minerals launched the second edition of the "Majd" Award to boost local content in energy

State-Owned Ratings Stable Amid Iran Conflict: What Investors Need to Know for Market Stability

By CONRAD PRABHU
Economy

Fitch Ratings says Omani government-related entities like Energy Development Oman, OQ SAOC, Omantel, Nama Electricity, and OETC ratings likely unaffected

Novel Tech to Unlock Ultra-Heavy Oil Reservoir: What This Means for Investors and Businesses in Oman

By CONRAD PRABHU
Economy

Two US energy firms, Westlawn Middle East and Salamander Solutions, were selected by Oman to assess electric heating tech for

Oman Oil Output Increases Despite Lower Prices: What It Means for Investors and Business Growth in Oman

By Oman Market
Economy

Oman's oil production increased by 0.4% to 333.94 million barrels by November 2025, with daily output at 999,800 barrels. Despite

Fitch Upgrades Omani Energy Giants EDO and OQ to Investment-Grade ‘BBB-’: What This Means for Investors and Business Growth in Oman

By CONRAD PRABHU
Economy

Following Oman’s sovereign credit upgrade to 'BBB-', Fitch Ratings also upgraded Energy Development Oman (EDO) and OQ SAOC to ‘BBB-’.

Addendum to Block 5 Concession Deal Signed: Key Business Implications for Investors in Oman’s Energy Sector

By Oman Market
Economy

The Ministry of Energy and Minerals signed an addendum to the EPSA for Oil Concession Block 5 in Al Dhahirah,

Transforming CSR into Sustainable Investment: What the New Energy Foundation Means for Businesses in Oman

By Oman Market
Business

The Ministry of Social Development has launched the Energy Sector Social Responsibility Development Foundation to enhance integration within government institutions