{"id":5620,"date":"2025-10-20T15:03:00","date_gmt":"2025-10-20T11:03:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/oman-new-manufacturing-tools-project\/"},"modified":"2025-10-21T00:20:26","modified_gmt":"2025-10-20T20:20:26","slug":"oman-new-manufacturing-tools-project","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oman-new-manufacturing-tools-project\/","title":{"rendered":"New Tools Manufacturing Project in Oman: What It Means for Investors and Business Growth"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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.15s}\r\n.hitv3sogbtn:hover{filter:brightness(1.15);transform:scale(1.04)}\r\n.hitv3sogbr{font-size:9px;color:rgba(255,255,255,.18);text-align:center;margin-top:5px;letter-spacing:.1em;text-transform:uppercase}\r\n\/* \u2500\u2500 Compact horizontal: 380\u2013599px (like 320\u00d7100) \u2500\u2500 *\/\r\n@container (min-width:380px) and (max-width:599px){\r\n  .hitv3soga{padding:12px 22px;gap:12px;min-height:100px}\r\n  .hitv3sogh{font-size:16px}\r\n  .hitv3sogs{display:none}\r\n  .hitv3sogbtn{padding:7px 16px;font-size:11px}\r\n}\r\n\/* \u2500\u2500 Mobile\/card: < 380px (like 300\u00d7250) \u2500\u2500 *\/\r\n@container (max-width:379px){\r\n  .hitv3soga{flex-direction:column;align-items:center;justify-content:space-between;min-height:260px;padding:22px 22px;gap:10px}\r\n  .hitv3sogc{align-items:center;text-align:center}\r\n  .hitv3sogh{font-size:22px;white-space:normal}\r\n  .hitv3sogs{font-size:11px;white-space:normal}\r\n  .hitv3sogbl{display:flex;align-self:center;text-align:left}\r\n  .hitv3sogbtn{width:100%;justify-content:center;padding:12px 20px}\r\n}\r\n\/* \u2500\u2500 Wide: >= 600px (leaderboard style) \u2500\u2500 *\/\r\n@container (min-width:600px){\r\n  .hitv3soga{min-height:90px}\r\n}\r\n<\/style><!-- HiT Land Banner \u2014 Container Query Responsive -->\r\n<div class=\"hitv3sogw\">\r\n<a class=\"hitv3soga\" href=\"https:\/\/hit.land\/services\/web-app-development\" target=\"_blank\" rel=\"noopener nofollow\" style=\"animation:hitv3sog-fadein 0.7s ease both;animation-delay:0s;\">\r\n  <div class=\"hitv3sogg1\" style=\"animation:hitv3sog-glow 3s ease-in-out infinite;\"><\/div>\r\n  <div class=\"hitv3sogg2\"><\/div>\r\n  <div class=\"hitv3soggl\" style=\"animation:hitv3sog-shimmer 3s ease-in-out infinite;\"><\/div>\r\n  \r\n  <div class=\"hitv3sogc\">\r\n    \r\n    <div style=\"display:inline-flex;align-self:flex-start;align-items:center;gap:6px;background:rgba(255,255,255,0.08);border:1px solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT, OCT 20 \u2014 Musandam Global Investment Company (MGIC), one of Oman\u2019s fastest-growing investment firms, has announced a strategic partnership with Black Rock Energy LLC, a local oilfield services provider, to establish a cutting-edge downhole tools manufacturing facility in Oman.<\/p>\n<p>As part of this initiative, Musandam Global has acquired a majority stake in Black Rock Energy. MGIC CEO Abdul Razzaq Al Balushi described the acquisition as \u201ca pivotal step in our diversification strategy that reinforces our commitment to building Oman\u2019s industrial future.\u201d<\/p>\n<p>He added, \u201cTogether, we are launching a state-of-the-art downhole tools manufacturing facility in Oman, equipped with advanced computer numerical control (CNC) machinery and world-class quality systems. This facility will produce high-performance tools that meet stringent regional and international standards, driving innovation, industrial excellence, and global competitiveness.\u201d<\/p>\n<p>Black Rock Energy welcomed the partnership, stating, \u201cWe believe this collaboration will create new opportunities, bolster Oman\u2019s industrial capabilities, and support the sustainable growth of the energy sector.\u201d<\/p>\n<p>Downhole tools\u2014often called the \u201ceyes and ears\u201d of the oilfield\u2014are specialised instruments used inside wellbores during drilling, completion, and production operations. These tools include stabilisers, jars, reamers, packers, motors, and other assemblies essential for drilling in complex geological formations.<\/p>\n<p>Given that many of Oman\u2019s oil fields are mature, carbonate-heavy, and geologically challenging, reliable downhole tools are vital for optimising drilling trajectories, managing extreme temperatures and pressures, and maximising reservoir contact. They also play a critical role in preventing blowouts, stabilising drilling conditions, and ensuring long-term well integrity.<\/p>\n<p>The partners emphasized that local manufacturing of downhole tools aligns with Oman Vision 2040\u2019s objectives for economic diversification and industrial development. It also mitigates risks associated with global supply chain disruptions, while in-country value (ICV) mandates encourage operators to source locally produced equipment.<\/p>\n<p>\u201cThis venture is not only a testament to our growth strategy but also a significant enhancement to Oman\u2019s in-country value. By investing in local manufacturing, technology transfer, and workforce development, we are directly contributing to national capabilities and securing a sustainable economic impact,\u201d said Musandam Global\u2019s CEO.<\/p>\n<p>Over the past year, Musandam Global \u2014 a publicly listed closed joint-stock company on the Muscat Stock Exchange (MSX) \u2014 has expanded and diversified its investment portfolio across multiple sectors. Its projects include partnering with the Ministry of Housing and Urban Planning on Tilal Al Nakheel (Palm Hills), Musandam Governorate\u2019s first integrated residential development under the Surouh initiative, with 650 housing units spanning 650,000 square meters in the Wilayat of Khasab.<\/p>\n<p>In renewable energy, Musandam Global is collaborating with Poland\u2019s Njord Energy to pilot the region\u2019s first Airborne Wind Energy (AWE) system, aiming to test continuous renewable power generation in Musandam. Additionally, the company is joining forces with Turkish investors to establish Musandam Drydock and Marine Industries LLC, providing ship repair, maintenance, and manufacturing services.<\/p>\n<p>Other ongoing projects include an integrated fish hatchery and packing facility, beautification initiatives in the Wilayats of Khasab and Bukha, high-end resort and heritage developments, smart city and education zones, and efforts to deepen Musandam\u2019s integration into global trade networks.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>Musandam Global Investment Company&#8217;s move to localize downhole tools manufacturing through its partnership with Black Rock Energy is a <strong>strategic leap in Oman\u2019s industrial diversification, aligning closely with Oman Vision 2040\u2019s goals<\/strong>. For businesses, this reduces dependence on global supply chains and unlocks opportunities to innovate in oilfield technologies, while smart investors should watch for growing in-country value mandates and expanding industrial capabilities enhancing sustainable growth. Entrepreneurs and stakeholders should consider how advancing local manufacturing and technology transfer can create <strong>competitive advantages in the mature and technically challenging hydrocarbon sector<\/strong>.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Musandam Global Investment Company has partnered with Black Rock Energy to establish a state-of-the-art downhole tools manufacturing facility in Oman. This move supports economic diversification, local industry growth, and aligns with Oman Vision 2040 goals, enhancing national capabilities.<\/p>\n","protected":false},"author":5,"featured_media":5621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[2497,2496,2498],"class_list":["post-5620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-downhole-tools-manufacturing","tag-musandam-global-investment","tag-oman-industrial-development"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/10\/3164628.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=5620"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5620\/revisions"}],"predecessor-version":[{"id":5622,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/5620\/revisions\/5622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/5621"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=5620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=5620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=5620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}