Recent disruptions to global supply chains and recognition from policymakers about the urgent need to diversify the economy are combining to stimulate industrial development in Oman, with the country’s network of special economic and free zones having a key role to play in attracting investment and boosting external trade. Fiscal incentives, advanced infrastructure, and strong connectivity with…
Food production in the GCC has long faced obstacles ranging from water scarcity to a lack of arable soil – factors that are being exacerbated by climate change. Prior to Covid-19, imports accounted for 85% of the region’s collective food needs. However, the disruption to global supply chains precipitated by the pandemic – as well as the more recent invasion of Ukraine by Russia – has underlined…
The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations. With economic diversification a leading concern for GCC economies, this publication details the structure, key stakeholders, and strategic contribution of chemicals and petrochemicals to economic diversification in the region. The report evaluates regional petrochemicals…
It offers an unparalleled opportunity for international and Omani energy industry stakeholders to meet, engage and network in their collective endeavor to unlock business and partnership opportunities in their decarbonization journeys. There is broad consensus that an energy future powered by green hydrogen is technologically feasible, cost-competitive and sustainable. It is also the green fuel of…
– Increased demand and supply shortages have pushed oil prices to nearly $100 per barrel – The high-price environment could give rise to an increase in drilling and coal usage – Energy companies and governments say they will use the windfall to invest in renewables – Oil-producing countries in the Gulf have expanded their renewable energy commitments Amid an increase in global demand…
– Hydrogen is emerging as an important fuel in the energy transition – The UAE and Saudi Arabia are the Gulf’s hydrogen leaders – Hydrocarbons producers leverage expertise to develop hydrogen export chains – Extensive cost of projects seen as a challenge to developing the industry With hydrocarbons-rich countries in the Gulf increasingly looking to reduce their carbon emissions, some…
Oman Petroleum & Energy Show (OPES) is the only event in Oman that serves the oil and gas industry. Under the patronage of the Ministry of Oil and Gas - Oman, OPES provides an effective business platform for energy professionals, oil and gas companies, policy and decision makers, and stakeholders.…
Oman Energy & Water Exhibition is an international event for the water and wastewater, power generation, renewable and alternative energy, transmission and distribution-related industries. The event is an annual gathering of PAEW professionals to meet their partners, contractors and suppliers.…
The abundance of mineral resources in Oman has long been known, however, its full potential has only recently been tapped. The non-metallic mineral limestone has a purity of 99.8%, the highest in the world, and gypsum, of which Oman is the largest exporter globally, provide a steady source of GDP for the sector. However, the most notable growth has been seen in metals. In 2019 the sultanate’s…