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- Goldman Sachs opens office in Kuwait
- Oil Rises after OPEC+ Hikes Output Less than Expected
- Bahrain All Share Index marks 1,966.15 points
- Gulf Bank champions women's health and empowerment
- NBK's Consumer & Digital Banking Group unveils five-year 2030 vision and strategy
- Beyon Cyber, Umniah partner to boost regional cybersecurity resilience
- Majid Al Futtaim to set up new retail, leisure hub within $4.2bn Dubai community
- RO700mn worth of new cities, housing investments unveiled in Oman
- Oman's oil production reaches 363.3mn barrels
- AD Ports signs $672m land sale deal with Mira Developments
07/10/2025 06:00 AST
Oman's proven oil reserves stood at 4.8bn barrels in 2024, with total production reaching 363.3mn barrels and exports at 308.4mn barrels, according to the latest data from the National Centre for Statistics and Information (NCSI).
Natural gas reserves were estimated at 658.5bn cubic metres, while domestic consumption amounted to 56.5bn cubic metres. Exports of liquefied natural gas totalled 12mn metric tonnes during the year.
In the electricity sector, total production rose to 49.1 terawatt-hours (TWh) in 2024, up from 45TWh in 2023. Natural gas continued to dominate the power mix with 44.8TWh, while renewable energy contributed 2.4TWh-2.3TWh from solar and 0.1TWh from wind. The Ibri 2 solar plant accounted for the largest share, generating 1.56TWh.
Water production reached 519.7mn cubic metres in 2024, compared to 520.4mn cubic metres the previous year, reflecting a marginal 0.1% decline. Muscat governorate recorded the highest distribution at 136.9mn cubic metres, followed by Dhofar with 52.3mn cubic metres and North Batinah with 34.3mn cubic metres.
The number of wastewater treatment plants increased to 67, with a combined capacity of 147.2mn cubic metres. Desalination remained the main source of supply, accounting for 89% of total water production, while wells contributed 11%-unchanged from 2023 levels.
Muscat Daily
07/10/2025
Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer in the region, today (October 6) announced plans to launch Ghaf Woods Mall, a world-class shopping and leisure desti
Trade Arabia
07/10/2025
The fifth edition of the Home and Building Expo, themed 'Sustainable Cities for People', opened on Monday at the Oman Convention and Exhibition Centre. Organised by the Ministry of Housing and Urban
Muscat Daily
07/10/2025
Commuters across Riyadh will soon see enhanced shopping and dining options as the city's metro network undergoes a major commercial transformation.
The Royal Commission for Riyadh City has
Arab News
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07/10/2025
The Goldman Sachs Group, Inc announced on Monday the opening of an office in Kuwait, furthering the firm's commitment to the country and the region.
"Kuwait is driving forward a rapid transf
KUNA
07/10/2025
Beyon Cyber, Bahrain's leading cybersecurity provider, renowned for its advanced cyber defence capabilities, and Umniah, both part of the Bahrain's leading digital group Beyon, have announced a strat
Trade Arabia
07/10/2025
Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer in the region, today (October 6) announced plans to launch Ghaf Woods Mall, a world-class shopping and leisure desti
Trade Arabia
07/10/2025
Blackstone, the world's largest alternative asset manager, and Lunate, an Abu Dhabi-based global investment management firm with over $110 billion in assets under management, today (October 6) announ
Trade Arabia
07/10/2025
The fifth edition of the Home and Building Expo, themed 'Sustainable Cities for People', opened on Monday at the Oman Convention and Exhibition Centre. Organised by the Ministry of Housing and Urban
Muscat Daily
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