Oman may have huge hydrocarbons wealth, but accessing oil and gas supplies has long proved a challenge. More positively, the difficulties associated with exploiting oil and gas reserves – which are dispersed in complex clusters – have made the nation a global leader in advanced hydrocarbons recovery techniques. For international oil companies with the capacity for enhanced oil recovery techniques...
Oman Energy
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Economic update | Oman: Industry flowing downstream
17 Oct 2012
Stepping up efforts to capitalise on its hydrocarbons wealth, Oman is boosting its downstream industrial capacity by expanding the petrochemicals sector and providing the fuel stocks needed to power other industries. However, the success of this programme still pins much of the country’s economic growth on its oil and gas resources.
Economic update | Oman: Meeting water demand
9 Aug 2012
The utilities sector is turning to private and foreign investors to help spur the growth needed to meet local demand. The construction of 16 power and water projects worth $3.1bn are slated to increase water desalination capacity in the country, as well as improve wastewater treatment and conservation awareness.
As Oman looks to renewable energy as a way to meet the increasing calls on its national electricity grid, investors are eyeing the Sultanate as a base for the production of technology needed to convert the rays of the sun into energy and profits.
Economic update | Oman: Shoring up supply
7 Dec 2011
The Omani government is moving forward with plans to raise prices for natural gas in an effort to recalibrate the supply-and-demand equation, with local demand for the feedstock rising rapidly on the back of industrial expansion and domestic supplies limited.
Economic update | Oman: Powering up
4 Jul 2011
Oman is scaling up investments in its electricity sector in a bid to boost production to meet spiralling demand. Plans are in hand to construct new power stations across the country and diversify sources of supply, though it will take some years before the Sultanate will have a comfortable cushion of excess generation capacity.