China Eleventh Chemical Construction Company has been awarded two construction packages for the 890-megawatt Duqm power project in Oman. The $910 million combined-cycle gas turbine project is being developed by Coastal Power SAOC, a consortium that includes UAE-based Etihad Water and Electricity. Commercial operations for the power generation facility are scheduled for 2029.
China Eleventh Chemical Construction Company has secured two construction packages for the $910 million, 890-megawatt Duqm Independent Power Project in Oman. The packages cover civil works and temporary site facilities issued through Power Construction Corporation of China's Oman branch. The facility is being developed by a consortium that includes UAE-based Etihad Water and Electricity, with commercial operation slated for 2029.
In 2025, Oman exported 4,500 tonnes of squid worth US$11.6 million across 19 countries, with China ranking among the top buyers alongside Vietnam and Malaysia. Total domestic squid landings reached approximately 14,000 tonnes, dominated by traditional artisanal fishing. Oman also imported about 485 tonnes of squid during the year, with Yemen, China, and the UAE serving as the leading suppliers.
Dubai-based real asset firm ROX Capital Group has launched the ROX Gulf Energy Storage Platform to advance utility-scale and commercial storage projects in the UAE and Oman. The platform will identify and deploy diverse battery chemistries and long-duration storage technologies while assessing regional assembly and manufacturing opportunities. ROX plans to partner with established technology providers to participate in upcoming regional storage tenders.
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