Tag: oil and gas

Fitch Affirms EDO at ‘BB+’ with Positive Outlook: What It Means for Investors and Business Growth in Oman

By CONRAD PRABHU
Economy

Fitch Ratings affirmed Energy Development Oman SAOC’s Long-Term Issue Default Rating at 'BB+' with a Positive Outlook. EDO, a key

Oman’s Trade Balance Surplus Hits RO 2.4 Billion: Key Implications for Investors and Business Owners

By Oman Market
Economy

Oman's trade balance surplus dropped 38.5% to RO 2.454 billion by May 2025. Oil & gas exports fell 15.2% to

PDO’s Breakthrough Net Zero Projects: How Oman’s Energy Transition Could Transform Business Opportunities

By Jomar Mendoza
Business

Petroleum Development Oman (PDO) is leading a Net Zero transition by 2050, aligning with Oman Vision 2040. Notable projects include