Latest news with #AlWusta
Zawya
23-06-2025
- Business
- Zawya
Oman: Mining concession awarded for sea salt production project
MUSCAT - The Ministry of Energy and Minerals signed on Sunday, June 22, 2025, a mining concession agreement with Integrated Global Engineering Company to develop natural salt production in Concession Area I-51, located in Al Wusta Governorate. The concession covers a total area of 15 square kilometres. The agreement was signed on behalf of the Government of the Sultanate of Oman by Eng Salim bin Nasser Al Aufi, Minister of Energy and Minerals, while Shaikh Ali bin Salim al Junaibi, Chairman of Integrated Global Engineering Company, signed on behalf of the company. The agreement aims to expand the production capacity of the existing salt plant and establish additional facilities to increase the annual output of natural salt to 1.2 million tonnes. The salt will be extracted through the construction of seawater storage ponds, followed by natural evaporation using wind and solar heat. The salt will then be dried, refined, and packaged. The estimated investment value of the project is RO 200 million. Al Aufi emphasised that the project represents a strategic step forward in advancing economic diversification in the Sultanate. He noted that the project is expected to create significant employment opportunities for Omani citizens. The primary objective is to boost the production of natural salt and develop its industrial derivatives for use in various projects aligned with sustainable development goals. The minister also highlighted that this is the third sea salt production project signed in Oman, as part of the Ministry's broader strategy to promote local industries, maximise the utilisation of natural resources, and reduce dependence on imported products. Shaikh Ali bin Salim al Junaibi, Chairman of Integrated Global Engineering Company, stated that obtaining Concession Area I-51 in Al Wusta will help realise the company's vision of increasing production capacity to one million tonnes annually. He added that the project is expected to meet domestic market demand as well as the needs of downstream industries currently under development, in line with the economic goals of Oman Vision 2040. The company also plans to produce multiple derivatives of salt required by both local and global markets, particularly for food processing, animal feed, and pharmaceutical industries. Shaikh Al Junaibi further affirmed that the agreement reinforces the government's strategy to localise industries, make full use of natural resources, and reduce reliance on imports—contributing to the enhancement of the national economy and generating a range of job opportunities for Omani talent, including part-time work for small and medium-sized enterprises (SMEs). 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Times of Oman
22-06-2025
- Business
- Times of Oman
Concession agreement inked for natural salt production in Concession Area 'I-51' in Al Wusta
Muscat: The Ministry of Energy and Minerals on Sunday signed a mining concession agreement with the Global Integrated Engineering Company for Concession Area "I-51" in Al Wusta Governorate. The project has an estimated production capacity of 1.2 million tonnes annually, covering an area of 15 square kilometres. The agreement was signed on behalf of the government of the Sultanate of Oman by Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals, and on behalf of the Company by Ali Salim Al Junaibi, Chairman of the company's Board of Directors. The agreement aims to increase the production capacity of salt compounds from the existing plant and establish additional facilities to boost natural salt output. The process involves extracting salt from the area by constructing seawater storage ponds, allowing natural evaporation through wind and solar heat, followed by drying, refining, purifying, and packaging the salt. The expected investment value is OMR200 million. Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals, emphasised that this project represents a significant strategic step that will effectively contribute to advancing economic diversification in Oman. He added that the project is expected to generate numerous job opportunities for Omani citizens. He noted that the primary objective is to enhance natural salt production and develop its industrial derivatives for use in diverse projects that support sustainable development. He further highlighted that this project is the third of its kind for sea salt production in Oman, reflecting the ministry's efforts to promote local industries, maximize the utilization of natural resources, and reduce reliance on imported products. Ali Salim Al Junaibi stated that securing the concession rights for Area I-51 in Al Wusta Governorate will increase the plant's production capacity to one million tons annually. This is expected to meet the needs of the local market and emerging downstream industries currently under development as part of the economic projects under "Oman Vision 2040." He added that the company will produce multiple salt derivatives required by both local and global markets, particularly those used in food processing, animal feed, and pharmaceutical industries. He explained that this agreement reinforces the government's approach toward localizing industries, optimising natural resource utilisation, and reducing dependence on imported products. This will enhance the performance of the national economy and generate diverse employment opportunities for Omani professionals, as well as subcontracting prospects for small and medium enterprises.
Sharjah 24
11-06-2025
- Entertainment
- Sharjah 24
Wamdat and Crafts & Professions reinforce Al Wusta TV programmes
In this context, the channel is presenting the heritage programme "Crafts and Professions" and the social and cultural programme "Wamdat' (Flashes). 'Crafts and Professions' "Crafts and Professions" airs every Tuesday at 8:00 PM and is presented by media personality Obaid bin Hamed Al Tunaiji. Through this programme, the channel seeks to preserve the craft heritage and encourage interest in authentic Bedouin crafts and professions by hosting a number of prominent craftsmen and handicrafts for which the Central Region is famous, and sharing their experiences and beginnings in these crafts and industries. 'Wamdat' "Wamdat" programme, presented by media personality Saeed Al Qamzi every Saturday at 6:30 PM, highlights the creativity and successes of the sons and daughters of the Central Region who have excelled in the fields of science, literature, and culture, and have also excelled in their professional lives, making them role models for society. Preserving and documenting Al Wusta heritage Saeed Rashid Al Ketbi, Director of Al Wusta from Al Dhaid TV Channel, said that through "Wamdat" and "Crafts and Professions" programmes, the channel sought to highlight the people of the Central Region and their significant roles in supporting and developing the region, whether through their literary, scientific, cultural, or heritage works. Al Ketbi added that traditional crafts and industries are gaining traction at events and occasions, so the channel decided to dedicate an entire programme to them this year as part of our commitment to preserving and documenting our tangible and intangible heritage and passing it on to new generations.
Zawya
02-06-2025
- Business
- Zawya
Oman's HyDuqm hydrogen project eyes FID in 2027
MUSCAT: Hydrogen Duqm LLC (HyDuqm), one of nine large-scale green hydrogen and ammonia projects currently in early development in Oman, anticipates a Final Investment Decision (FID) in 2027, with production slated to commence in 2030. HyDuqm represents a joint venture set up by six leading global companies comprising POSCO Holdings, Samsung Engineering Company Limited, Korea East-West Power Company Limited, Korea Southern Power Company Limited, MESCAT Middle East DMCC (a subsidiary of ENGIE from France), and FutureTech Energy Ventures Limited (FTEV) - the clean energy arm of Thai energy conglomerate PTTEP. In 2023, the JV partners won a concession from Hydrom, the master-planner of Oman's green hydrogen (GH2) economy, to develop a GH2 project in Block Z1-02 in Al Wusta Governorate. The project targets an annual capacity of 1.2 million tonnes of green ammonia, focusing on clean energy production from green hydrogen. According to PTTEP subsidiary FTEV, the partners of HyDuqm are currently 'in the process of assessing wind and solar energy potential (Renewable Resource Assessment) and conducting a feasibility study to evaluate the investment value and profitability of the project prior starting engineering design'. Significantly, FTEV's role as a JV partner in HyDuqm is the latest addition to parent organization PTTEP's expanding presence in Oman's energy industry. 'This investment supports the growth of new businesses aligning with the Company's business plan and provides an opportunity to apply knowledge and experience in green hydrogen production in Thailand, in line with future energy policies,' PTTEP noted in its recently issued 2024 Annual Report. 'PTTEP completed the installation of wind and solar potential measurement stations and has begun collecting data to support the project operations. The ongoing feasibility study phase includes geographical, geotechnical, and hydrological assessments, as well as a Preliminary Environmental and Social Impact Assessment (Pre-ESIA),' it further stated. The feasibility study, according to the Thai state-owned energy giant, will also help determine the amount of required capital expenditure and economic return before proceeding to the engineering design phase in 2025. The Annual Report also shed light on the performance of PTTEP's portfolio of investments in the upstream and midstream segments of Oman's oil and gas sector. One of its largest investments is in Block 61 in central Oman, which accounts for around a third of Oman's gas production. PTTEP owns a 20 per cent interest in the BP-operated concession. In 2024, natural gas and condensate production averaged 1,511 MMSCFD (approximately 267,746 barrels of oil equivalent per day - BOED) and 56,087 bpd respectively. Production from Block 6 – the largest producing oil asset in central Oman – averaged 66,490 bpd of crude oil in 2024. PTTEP Group holds a 2 per cent participating interest in this project, with Petroleum Development Oman (PDO) as the operator. In south Oman, PTTEP Group holds a 1 per cent participating interest in Block 53 (also known as the Mukhaizna field) with Occidental as the operator. In 2024, the average crude oil production was 75,227 bpd. Recently, Oman's Ministry of Energy and Minerals signed an agreement to extend the Block 53 Exploration and Production Sharing Agreement (EPSA) with Occidental and its partners until 2050. Rounding off its upstream assets is Block 12, a large onshore natural gas exploration block in central Oman. PTTEP Group holds a 20 per cent participating interest in the project, with TotalEnergies as the operator. In 2024, two exploration wells were completed, while geological and geophysical studies are currently underway. PTTEP subsidiary PTTEP Oman E&P Corporation (POC), formerly Partex Oman Corporation, also has a 2 percent stake in Oman LNG LLC and an indirect 0.7 per cent stake in Qalhat LNG. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Zawya
02-06-2025
- Business
- Zawya
Oman's HyDuqm expects FID in 2027
Hydrogen Duqm (HyDuqm), one of nine large-scale green hydrogen and ammonia projects currently in early development in Oman, anticipates a Final Investment Decision (FID) in 2027, with production slated to commence in 2030. HyDuqm is a joint venture comprising POSCO Holdings, Samsung Engineering , Korea East-West Power Company, Korea Southern Power Company , MESCAT Middle East DMCC (a subsidiary of ENGIE from France), and FutureTech Energy Ventures (FTEV) - the clean energy arm of Thai energy conglomerate PTTEP. In 2023, the JV partners won a concession from Hydrom, the master-planner of Oman's green hydrogen economy, to develop a GH2 project in Block Z1-02 in Al Wusta Governorate. The project targets an annual capacity of 1.2 million tonnes of green ammonia, focusing on clean energy production from green hydrogen. According to PTTEP subsidiary FTEV, the partners of HyDuqm are currently 'in the process of assessing wind and solar energy potential (Renewable Resource Assessment) and conducting a feasibility study to evaluate the investment value and profitability of the project prior to starting engineering design'. FTEV's role as a JV partner in HyDuqm is the latest addition to parent organisation PTTEP's expanding presence in Oman's energy industry. 'This investment supports the growth of new businesses aligning with the Company's business plan and provides an opportunity to apply knowledge and experience in green hydrogen production in Thailand, in line with future energy policies,' PTTEP noted in its recently issued 2024 Annual Report. 'PTTEP completed the installation of wind and solar potential measurement stations and has begun collecting data to support the project operations. The ongoing feasibility study phase includes geographical, geotechnical, and hydrological assessments, as well as a Preliminary Environmental and Social Impact Assessment (Pre-ESIA),' it said. The feasibility study, according to the Thai state-owned energy giant, will also help determine the amount of required capital expenditure and economic return before proceeding to the engineering design phase in 2025. (Writing by Nadim Kawach; Editing by Anoop Menon)
