Oman oi price reaches $72.45 per barrel

MUSCAT: The official price of Oman oil yesterday for January delivery reached $72.45. The price of Oman oil yesterday witnessed a decrease of $1.9 compared to Monday's price, which was $73.54. The monthly average price of Omani crude oil for November …

Tethys Oil secures block 56 in Oman with 20 years extension agreement

Muscat – The Ministry of Energy and Minerals has awarded the development rights for Concession Area 56 to the Swedish company Tethys Oil, declaring it a commercial area. The agreement, now extended for an additional 20 years, will remain in effect until …

Oman & Turkiye: Fruitful march of economic relations

Muscat: The Sultanate of Oman and the Republic of Turkiye look forward to achieving more accomplishments in bilateral relations and trade, investment, cultural and academic cooperation, as they mark fifty years of diplomatic relations that began on 18 June …

PNS Zulfiquar pays visit to Port of Salalah to mark 54th National Day of Oman

Muscat: Pakistan Navy Ship Zulfiquar visited Port of Salalah at Oman. The ship is currently deployed on Regional Maritime Security Patrol duties in Indian Ocean. The Sultanate of Oman’s 54th National Day was also celebrated during a reception held on board …

Oman and Turkey: Strengthening bilateral relations

Muscat – The two nations, bound by a shared history dating back to the 16th century, have enjoyed diplomatic relations since 1973. Over the past five decades, the relationship has flourished, with both countries recognizing the potential for deeper …

Oman announces closure of shrimp and lobster fishing season

Muscat – The fishing season for shrimp and lobster will officially end at the close of November 2024, with a complete ban on fishing and trading set to begin on December 1, 2024, lasting until September 30, 2025. The Ministry is urging all fishermen and …

Oman participates in GCC Joint Defence Council meeting in Qatar

Muscat – The meeting, which brought together the defence ministers of the GCC member states, aimed to discuss key military issues and enhance regional defence cooperation. The Omani delegation was led by His Highness Sayyid Shihab bin Tariq Al Said, Deputy …

Tethys Oil secures 20-year extension for Oman’s Block 56

Bank Nizwa titled as ‘Best Islamic Bank in Oman 2024’

Bank Nizwa, the leading Islamic bank in Oman, has been awarded the ‘Best Islamic Bank in Oman 2024’ title by the World Union of Arab Bankers, in recognition of its exceptional achievements and continued commitment to excellence. This esteemed accolade …

Oman’s Buraimi Governorate hosts ‘Green Capture’ wildlife photography exhibition

Muscat – Held under the patronage of H.E. Hilal bin Rashid Al Ghaithi, a member of the Shura Council representing the Wilayat of Al Buraimi, the exhibition aimed to showcase the beauty of wildlife in Al Buraimi, raise environmental awareness, and encourage …