MENA Project Tracker — Oman signs gas exploration deal; EWEC requests EOI on water project

An exploration and production agreement has been signed between Oman’s Ministry of Energy and Minerals and two conglomerates.
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Updated 19 September 2022
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MENA Project Tracker — Oman signs gas exploration deal; EWEC requests EOI on water project

CAIRO: UK/Netherlands-based Royal Dutch Shell and France’s TotalEnergies will be drilling and working on an area in Oman called “Block 11,” which is likely to hold huge gas reserves.

An exploration and production agreement has been signed between Oman’s Ministry of Energy and Minerals and the two conglomerates.

The majority stake— equivalent to 67.5 percent—will be owned by Shell, the operator of the project.

TotalEnergies’ will own a 22.5 percent share, and the remaining 10 percent will be that of Omani state energy enterprise OQ holding, reported MEED.

“Today’s entry into Block 11 gives us the opportunity to unlock the additional potential to meet domestic and export gas demand,” said Laurent Vivier, senior vice president of the Middle East and North Africa – exploration and production at TotalEnergies.

EWEC requests EOI on water project

The Emirates Water and Electricity Co. has invited expressions of interest on the development of the Abu Dhabi Islands Reverse Osmosis Independent Water Project.

The project consists of two standalone greenfield reverse osmosis seawater desalination plants to be located on Saadiyat Island and Hudayriat Island, reported Zawya. 

Through sustainable and low carbon methods, both plants will produce 100 million imperial gallons per day—covering the water demand of 180,000 households in Abu Dhabi.

“Reverse osmosis is a vital low-carbon intensive seawater desalination technology that enables EWEC to strategically change its water and power generation portfolio, and ultimately contribute to the decarbonization of the energy sector,” stated EWEC CEO Othman Al-Ali.

Financial closure on ADNOC’s $3.6b transmission system

The Abu Dhabi National Oil Co.’s project— a $3.6 billion high-voltage, direct current subsea transmission system— is on the verge of financial close.  

A consortium led by South Korean Kepco—including Japan’s Kyushu Electric Power Co. International and Électricité de France— was awarded the public-private partnership contract last December. 

The transmission system will decrease ADNOC offshore’s carbon footprint by 30 percent by using sustainable power sources in Abu Dhabi's onshore power network, according to MEED.

Construction on the project is expected to begin soon.

Oman receives bids on consultancy contract for smart city

Oman’s Ministry of Housing and Urban Planning has received over 35 bids of elaborate master plans for the consultancy contract for smart cities in Nizwa, Sohar and Salalah.

Oman-based Swiss Renardet & Partners submitted the lowest bid of 2.188 million Omani rials ($5.683m) for the smart city masterplan in Nizwa, while Muscat Design Centre and Partners put forth the lowest offer of 2.644 million Omani riyals For Sohar and Salalah’s master plan.

 

 


Free trade negotiations between GCC, India mark new phase of partnership, says sec-gen

Updated 24 February 2026
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Free trade negotiations between GCC, India mark new phase of partnership, says sec-gen

RIYADH: The Gulf Cooperation Council’s secretary-general affirmed that the negotiations for a free trade agreement between the GCC and India, and the signing of the joint statement, represents a new phase of strategic partnership.

Jasem Mohamed Al-Budaiwi said that this contributes to enhancing close cooperation and strengthening economic and trade ties, according to the Saudi Press Agency.

This came during the signing ceremony of the joint statement on launching the free trade agreement negotiations between the Al-Budaiwi and India’s Minister of Commerce and Industry, Piyush Goyal, which took place in New Delhi, on Tuesday.

During the signing ceremony, Al-Budaiwi said that the Terms of Reference, signed on Feb. 5, provide a comprehensive and clear framework for these negotiations. The two nations agreed to discuss enhancing cooperation in vital strategic areas, including trade in goods, customs procedures, and services.

Additionally, the framework covers Sanitary and Phytosanitary measures, intellectual property rights, cooperation on Micro, Small, and Medium Enterprises, along with other topics of mutual interest. This reflects the comprehensive nature of the agreement and its ability to keep pace with the future economy.

Al-Budaiwi expressed hope that these negotiations would lead to a comprehensive and ambitious free trade agreement that works to remove customs and non-customs barriers, enhance the flow of quality investments in both directions, and achieve further liberalization in trade and investment cooperation between the GCC and India for mutual benefit. 

This would provide a stimulating economic environment and an investment climate that opens broad horizons for the business sector, supports supply chains, and accelerates the pace of economic growth in line with the ambitious developmental visions of the GCC states. 

The top official affirmed the full readiness of the General Secretariat to host the first round of negotiations at its headquarters in Riyadh during the second half of this year.

The two sides held a meeting during which they reviewed the existing cooperation relations between the GCC and India and discussed ways to develop and elevate them to broader horizons, serving mutual interests and enhancing opportunities for strategic partnership between the two sides, particularly in the economic, investment, and trade fields.

They praised the role undertaken by the negotiating teams from both sides, appreciating the efforts contributing to reaching a comprehensive agreement that enhances economic integration and supports the smooth flow of trade between the two nations.