MUSCAT: Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed today a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025, reflects OQ’s continued commitment to expanding its investments in Duqm and supports national…
LONDON: Petrofac Limited has been awarded two contracts, together worth around US$300 million through Petroleum Development Oman (PDO). The first is a direct EPC contract for PDO’s Marmul Main Production Station (MMPS) – Gas Compression project. The scope of work for the 30-month, lump-sum turnkey contract includes engineering, procurement, construction, commissioning, start-up and initial…