Search results
Results from the WOW.Com Content Network
Oman's economy and revenues from petroleum products have enabled Oman's dramatic development over the past 50 years. Notably however, Oman is not a member of OPEC, although it has coordinated with the group in recent years. [24] Petrochemical tanks in Sohar. Oil was first discovered in the interior near Fahud in the western desert in 1964.
Omran Company. Oman Tourism Development Company (OMRAN)[ 1 ] is a Government owned company mandated to drive the investment, growth and development of the tourism sector in the Sultanate of Oman. Established in 2005, [ 2 ] they are the master developers of major tourism, heritage and urban developments.
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply. The company is owned by the Government of Oman (with a 60% interest), Royal Dutch Shell (34%), TotalEnergies (4%) and Partex (2%).
Oman International Development and Investment Company SAOG (commonly known as Ominvest) is an investment holding company based in Oman. It holds significant stakes in various Omani companies, ranging from financial services, property development, food, and the industrial sector. Ominvest's key subsidiaries are Oman Arab Bank (51 percent; the ...
SOHAR Port and Freezone is a deep-sea port and adjacent free zone in the Middle East, located in Sohar, Sultanate of Oman, midway between Dubai and Muscat. [1] With current investments exceeding $26 billion, it is one of the world's fastest growing port and free zone developments [2] and lies at the centre of global trade routes between Europe and Asia.
OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority. OQ is involved in sectors such as infrastructure and transportation for energy, oil refining, petrochemical production, oil marketing, and power ...
Economy. Oman is a country in the Middle East. Its current GDP per capita has expanded continuously over the past 50 years. It grew 339% in the 1960s and reached a peak growth of 1,370% in 1976. [citation needed]. Oman both imports and exports energy. When Oman declined as an entrepot for arms and slaves in the mid-19th century, much of its ...
A challenge to tourism development in Oman is the reliance on the government-owned firm, Omran, as a key actor to develop the tourism sector, which potentially creates a market barrier-to-entry of private-sector actors and a crowding out effect. Another key issue to the tourism sector is deepening the understanding of the ecosystem and ...