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133 news items from Oman. Show all
Turkish steel exports to the Gulf Cooperation Council (GCC) countries showed varying trends in H1 2023. The total Turkish steel exports to the region amounted to 73,859 tons during this period. in June, there was a…
Sohar Port and Freezone have successfully concluded a land lease agreement with SCME Projects Pvt Ltd (FZC) LLC, paving the way for the establishment of a steel fabrication unit within Sohar Freezone. This strategic…
Omani steel producer, Al Jazeera Steel Products Co. SAOG, reported a 28 pct YoY drop in its net profit in the first half of 2023, according to its unaudited financial statement. In H1 2023, the company's net profit…
According to Vale's operational report, the company's Oman facility experienced a 2.2 pct year-on-year decline in iron ore pellet production during H1 2023. The total production of iron ore pellets reached 4.33 mln tons…
Omani steel producer, Al Jazeera Steel Products Co. SAOG's Board of Directors have appointed new member, according to a notice. The board has approved the temporary appointment of Mr. Shihab Salim Al-Barwani, who will…
ATS Mechatronics, an Italian equipment supplier, has successfully completed the installation of TMB 400-45 tying machines at Al Jazeera Steel facility in Oman. These two automatic tying machines will be integrated into…
Vulcan International Holding Company, a wholly owned entity of India's Jindal Group, is spearheading a series of steel projects in Oman, with a notable focus on a groundbreaking green steel complex in Duqm. The holding…
Vulcan Steel, owned by industrialist Naveen Jindal, is engaging in discussions with multiple export credit agencies (ECAs) to secure USD 2.5 bln in funding for its upcoming environmentally-friendly steel plant in Oman…
Oman's leading construction company Galfar has announced that it has secured a key contract from OQ Exploration and Production for Bisat Permanent Power Supply Project at Block 60 concession area. The Bisat oil field…
Oman Electricity Transmission Company (OETC) is expected to award the engineering, procurement and construction (EPC) contract for three grid stations and overhead transmission lines by the fourth quarter 2023…
Turkish steel exports to the GCC region experienced a mixed performance in May 2023. While Turkish steel exports to Saudi Arabia declined, there was a notable increase in exports to the UAE and Qatar. In May 2023, the…
A consortium led by South Korean steelmaker Posco Group won a USD 6.7 bln deal to build the world’s largest green hydrogen plant in Duqm, a port town in east-central Oman, sources familiar with the matter said. The…
Oman’s Jindal Shadeed Iron and Steel (JSIS), the largest privately-owned integrated steel producer in the GCC region, has announced a comprehensive set of initiatives aimed at significantly reducing its carbon dioxide…
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