GE’s Grid Solutions established a National Condition Monitoring Center integrated with OETC's operations, to prioritize maintenance strategy for six key 400 kV substations
The Build-Own-Operate-Transfer (BOOT) model under which Manah IPP was developed in the 90s stipulated an eventual transfer of assets to the government
The business has won a 400 kV grid station order in Oman which will be a crucial element in the Sultanate’s major transmission initiative to interconnect the grids in the south and north with the PDO area
The project is in line with AIIB’s energy sector strategy in reducing the carbon intensity of energy supply and catalyzing private capital investment in renewable energy infrastructure
Syndicate of Six international and local lenders including Asian Infrastructure Investment Bank (AIIB), to provide $275mn senior debt for the project
Veolia, Sembcorp Salalah, Sohar Operation Services begin initiative to build specialised talent for Oman’s water industry
The move will help to improve energy awareness by allowing consumers to keep track of usage.
Oman LNG and Baker Hughes to undertake a major debottlenecking project for three trains at Oman LNG's plant, to accommodate any potential increase in feed gas volumes
The Rakiza Fund is also working with other investors to develop the renewable energy space in the Sultanate
Either application effectively frees up natural gas, which can then be used in petrochemical and other value-add industries
$1bn purchase is by far largest Chinese investment in Middle Eastern country
The initial project is a system of 50 kW with 13 hours of storage, intended to become operational in 2021
Oman launches $100mn SPV for renewables projects
Tanweer, a subsidiary of The Electricity Holding Company (Nama Group), said the projects will be developed on a build-own-operate-transfer (Boot) model
SUEZ has been awarded a five-year contract for the Operation & Maintenance of the Barka engineered sanitary Landfill in South Al-Batinah, Sultanate of Oman
