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133 news items from Oman. Show all
Oman is moving to strengthen industrial cooperation with China's Tsingshan Group as part of efforts to localize green steel production and develop downstream industries under its Industrial Strategy 2040, according to…
Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, said its 220-ton electric arc furnace (EAF) in Sohar achieved a new monthly production milestone, tapping more than 235,000 tons…
Meranti Green Steel has signed an offtake agreement with Thyssenkrupp Materials Trading (TKMT) covering the supply of 1 mln tons of green hot briquetted iron (HBI). Meranti said TKMT's established trading network and…
Meranti Green Steel Oman has signed a memorandum of understanding with Amnah Energy to explore cooperation on the supply of green hydrogen for its proposed 2.5 mln tons per annum green HBI project in Duqm. Amnah Energy…
Oman's Port of Duqm's Basin 2 is being developed to support the growing low-carbon steel and metallics cluster taking shape at the adjacent Special Economic Zone at Duqm (SEZAD), positioning the port as a key logistics…
Jindal Steel Oman has signed a memorandum of understanding (MoU) with Sohar International Bank and Credit Oman to establish a framework that supports small and medium enterprises (SMEs) in procuring steel more…
Meranti Green Steel has appointed KfW IPEX-Bank as lead arranger and Jebsen & Jessen Industrial Solutions GmbH as a key partner for the export credit agency (ECA)-backed debt financing of its planned green HBI/DRI…
UAE-based renewable energy company Masdar announced that its consortium has awarded the Engineering, Procurement and Construction (EPC) contract for the Ibri III Independent Power Project (IPP) to China Power…
Minerals Development Oman (MDO) has signed shareholder agreements with India's JSW Group, making it a key partner in the South Minerals Project, one of Oman's most significant upcoming industrial minerals developments…
Japan's Sumitomo Corporation has formed a new joint venture in Muscat, Integrated Supply Chain Oman LLC, with state-owned Energy Development Oman. The company will focus on providing supply-chain management services to…
Oman is well positioned to become a global hub for green iron and steel production, leveraging its industrial base, renewable energy potential, and coordinated national strategy, according to a new report by the…
Jindal Steel Sohar (JSS) has upgraded its aging protection relays with ABB's advanced Relion technology at its Sohar facility, improving operational reliability, minimizing downtime, and supporting its sustainable…
Meranti Green Steel is progressing plans to develop a major green iron project in Oman, following meetings between company officials and representatives of the Integrated Gas Company (IGC) and Invest Oman in Thailand…
Jotun has introduced Jotachar 1709XT, a new passive fire-protection coating designed to improve the durability and safety of steel infrastructure, at ADIPEC 2025 in Abu Dhabi. Developed through a multi-year R&D and…
Japanese shipping firm, Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company (PODC) have signed a memorandum of understanding (MoU) to strengthen collaboration on the development and connectivity of…
Vale's iron ore pellet production in Oman rose 8.4pct YoY in Q3 2025 to 2.52 mln tons and increased 45pct compared with the previous quarter. However, in the first nine months of 2025, Vale Oman's output fell 4.2pct YoY…
Oman-based Al Jazeera Steel Products Co. SAOG reported a 77pct YoY jump in net profit for the first nine months of 2025, according to its unaudited financial results. Net profit rose to OMR 6.48 mln (USD 16.8 mln)…
India's ACME Group, a leading renewable energy and green ammonia developer, is considering Oman as the site for a new low-carbon Direct Reduced Iron (DRI) project, with India's Odisha also under review. The proposed…
The global steel sector is navigating a period of significant change, with tariff measures, market restrictions, and the introduction of the Carbon Border Adjustment Mechanism (CBAM) reshaping industry dynamics. For…
Nama Power and Water Procurement (PWP) has signed an agreement with a consortium led by Abu Dhabi's Masdar, alongside Al Khadra Partners, Korea Midland Power (KOMIPO), and OQ Alternative Energy (OQAE), to develop the…
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