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Oman

Veolia and TotalEnergies partner to build the largest solar system for a desalination plant – Oman

TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) systems providing power for a desalination plant in Oman, in the city of Sur.

The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in the gulf region, supplying drinking water to more than 600,000 inhabitants of the Sharqiyah region.

(Source)

Veolia and TotalEnergies partner to build the largest solar system for a desalination plant – Oman2022-12-11T23:15:40+01:00

GS Inima reaches financial close for Barka V water desalination project – Muscat, Oman

The Barka V independent water desalination project, located 58km west of Muscat, has a capacity of 100,000 cubic meters per day and will supply drinking water to a population of 800,000 people.

The completion of construction and commissioning of the project is scheduled for June 6, 2024 developed under a BOO (build, own and operate) contract basis during an operation period of 20 years.

(Source)

GS Inima reaches financial close for Barka V water desalination project – Muscat, Oman2022-12-11T23:19:04+01:00

GS Inima on track for 2.4 trillion won seawater desalination project – Oman

GS Inima has kicked off a 2.4 trillion won seawater desalination project in Oman, the water treatment firm’s parent company GS E&C said Tuesday.

GS E&C said it signed contracts to raise a combined $130 million for the Barka 5 (IWP) project, ordered by Oman Power & Water Procurement Company.

The Korean firm plans to borrow 70 percent of the money from the Export-Import Bank of Korea and financial institutions in Oman.

The remaining 30 percent will be borrowed from Hana Bank, based on their [
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GS Inima on track for 2.4 trillion won seawater desalination project – Oman2022-12-11T23:28:49+01:00

GS Inima gears up for seawater desalination project – Oman

A $1.86 billion seawater desalination project in Oman overseen by GS Engineering & Construction subsidiary GS Inima has kicked off, officials said Monday.

GS Engineering & Construction has signed financing documents for GS Inima’s project to build a Barka 5 Independent Water Plant in Oman, a deal reached with Oman Power & Water Procurement Co. in 2020, the company said.

Of the $130 million that will be needed for building the plant, GS E&C will be procuring 70 percent of the expenses from the Export-Import Bank of Korea, and 30 [
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GS Inima gears up for seawater desalination project – Oman2022-06-27T14:15:30+02:00

Sohar Water Desalination project becomes functional – Oman

All works relating to the water transmission line project linking the Sohar Water Desalination Plant and the Al Dahirah Governorate have been completed and its commercial operation has begun. The total cost of the project is OMR 150mn.

Announcing this, Ibrahim bin Hamed al Hasani, Project Senior Manager of the Oman Water and Wastewater Services Company, said, “The project included the linking of water transmission lines, over a distance of 230 km, to the Sohar Desalination plant, and the construction of 15 tanks with a total storage capacity of 451.000 cubic metres [
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Sohar Water Desalination project becomes functional – Oman2022-04-26T15:38:43+02:00

Utico to develop desalination plant with 20,000 m3/d capacity in Oman – Oman

In a statement, Utico, which is a full-service utility and the only private water and power company in the UAE, said the Ghubra project will supply 20,000m3/d potable water to OWWSC at the lowest water tariff ever in Oman.

Commenting on the project win, Hussain Allawati, CEO of Utico Global, said: “The winning of the Ghubra desalination project in Muscat is a milestone for the company and a clear evidence of the company’s ability to achieve sustainable returns for its shareholders, in addition to achieving efficiencies in long-term government concessions.”

Utico to develop desalination plant with 20,000 m3/d capacity in Oman – Oman2022-04-14T13:24:34+02:00

Oman least at risk of freshwater depletion – Oman

Even as many countries will probably face water stress in the coming years, the Sultanate of Oman is among the Arab countries least at risk of depleting freshwater.

No more MoH registration for inbound passengers XO in This is revealed in a new classification in a report on Arab countries most vulnerable to the dangers of depleting freshwater resources forever issued by the Arab Gulf Centre for Studies and Research in Kuwait.

“The Sultanate of Oman ranked nineteenth, Somalia ranked twentieth, and Comoros came at the bottom [
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Oman least at risk of freshwater depletion – Oman2022-02-27T14:29:44+01:00

Barka Desalination IPO generates strong investor interest in Oman – Oman

Investor interest is gaining momentum in the initial public offering (IPO) of Barka Desalination Company or BDC (under transformation). The company, alongside the issue manager Bank Muscat Investment Banking, has been holding several meetings with key investors for Phase I of the IPO (i.e. book building).

The meetings were conducted with more than 50 key investors from Oman as well as the region with some meeting being conducted in Muscat while others through a virtual session.

All meetings held in Muscat were conducted while ensuring that all [
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Barka Desalination IPO generates strong investor interest in Oman – Oman2022-01-30T14:31:43+01:00

Barka Desalination Company to launch IPO – Oman

Barka Desalination Company (BDC), owner of Oman’s largest operating water desalination plant Barka IWP, announced its intention to launch its initial public offering (IPO).

The company will offer 40 per cent of its share capital to the public through an IPO. Accordingly, BDC will offer 30,208,800 shares to the public through listing on the Muscat Stock Exchange (MSX).

As anchor investors in the IPO, National Power & Water Co (an investment arm of Bahwan Engineering Group), and Bank Muscat have committed to invest upto 10 per cent of the [
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Barka Desalination Company to launch IPO – Oman2022-01-12T13:57:08+01:00

Oman desalination plant operator set to launch IPO – Oman

Barka Desalination Company, owner of Oman’s largest operating water desalination plant, has announced its intention to launch an initial public offering (IPO).

The company said it will offer 40 percent of its share capital to the public through an IPO. BDC will offer 30,208,800 shares through a listing on Muscat Stock Exchange (MSX).

As anchor investors in the IPO, National Power & Water Co, an investment arm of Bahwan Engineering Group, and Bank Muscat have committed to invest upto 10 percent of the IPO.

Oman desalination plant operator set to launch IPO – Oman2022-01-11T14:46:00+01:00
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