Conrad Prabhu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Renewable and alternative energy resources for a sustainable future 1064656 SHARE After languishing on the backburner for a number of years — primarily for want of the requisite green-light from policymakers in government — renewables and non-gas fuel alternatives are set to make new inroads into Oman’s energy sector. Several concrete steps initiated by various statutory bodies attest to this promising scenario. The most notable is ‘Sahim’, a renewable energy initiative launched by the Authority for Electricity Regulation Oman (AER), the sector’s regular. Unve...

Oman upstream oil and gas activity at high levels 994527 MUSCAT, April 26 - Notwithstanding a commitment to capping crude production in line with a global output reduction pledge reached by Opec and non-Opec producers, activity levels in Oman’s oil and gas sector will continue to be sustained at peak highs, according to a top official of the Ministry of Oil & Gas. The goal, says Ministry Under-Secretary Salim bin Nasser al Aufi (pictured), is to build capacity at the upstream end of the business in order that when the global production caps are eventually lifted or scaled back, the Sultanat...

One-Stop-Shop for new mining licenses in Oman 900159 Conrad Prabhu - MUSCAT, JAN 16 - Oman’s Public Authority for Mining (PAM) is formulating a new mining exploration and development strategy, underpinned by a Single Window System for the issuance of new licenses, to help unleash the potential of the country’s prodigious mineral resources, according to a top official. Eng Hilal al Busaidi, Chief Executive Officer, said the Single Window System will allow interested investors to apply for investment-ready blocks or concessions for development, with all of the required permits already in pl...

New academy to boost Suhar as aviation hub 1067278 Conrad Prabhu - MUSCAT, JULY 24 - The new Suhar Airport’s rapidly growing importance as a potential aviation hub will receive a further boost upon the establishment of a major aviaiton training academy, formal agreements for which are due to be signed here tomorrow. Together with sizeable passenger throughput capacity and significant air cargo handling capability as well, Suhar Airport has the potential to evolve into a gateway of wider regional importance, as is already evident from the groundswell of interest shown by a number of GCC carr...

Move to develop Customs Bonded Warehouses in Oman 1110315 SHARE MUSCAT, SEPT 16 - Promising headway is being made in preparing the groundwork for the growth of Customs Bonded Warehouses at key locations around the Sultanate — a move that could potentially add RO 100 million annually to the Gross Domestic Product when it is a reality tentatively by the year 2020. The initiative is being spearheaded by Tanfeedh — the National Programme for Enhancing Economic Diversification — with the support of a number of stakeholders, notably the Royal Oman Police Customs, Ministry ...