Oman Projects, H1 2022 – Outlook of Major Projects in Oman – MEED Insights
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Oman Projects Market Report Overview
Oman has $199.2 billion worth of projects planned or underway currently, making it the eighth largest in the MENA region. The performance of future projects will hinge more than ever on foreign investment in its major industrial hubs in Sohar, Duqm, and Salalah. Chinese investment in particular will be key as part of its Belt and Road Initiative to benefit from Oman’s position on the main East-West shipping axis.
The Oman projects market research report offers a comprehensive analysis of the projects from various sectors. The report also covers the insights on estimates pertaining to the revenue and expenditure incurred on various projects underway or in the pipeline in Oman updated to H1 2022. The Oman projects market outlook report covers key clients for the projects and prominent sponsors along with the sector-by-sector breakdown of future project plans and key drivers influencing these sectors.
Oman Projects Market Segmentation by Sectors
The key sectors in the Oman projects market are oil and gas, construction, transport, power, industrial, and water. The largest current sector in terms of work under execution is oil and gas.
Oman Projects Market Analysis, by Sectors
For more insights on sectors in the Oman projects market analysis, download a free sample report
Oman Projects Market – Key Clients
Some of the key clients in the Oman projects market are Duqm Development Company SAOG, Omran, OQ8, Duqm Special Economic Zone Authority, Petroleum Development Oman, Oman Tank Terminal Company, Oman Global Logistics Group, The Public Authority for Water, OQ, Haya Water, Royal Oman Police, and Al Mouj Muscat among others. Duqm Development Company SAOG is the largest client by the value of work under execution.
Oman Projects Market Analysis, by Clients
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Oman Projects Market - Key Contractors
Some of the key contractors in the Oman projects market are Petrofac, Beijing Petrochemical Engineering Co. Ltd, Galfar Engineering & Contracting, Tecnicas Reunidas, Daewoo E&C, Al Tasnim Enterprises, Samsung Engineering, Larsen & Toubro, Al Adrak Trading & Contracting Company, Sarooj Construction Co., and Saipem among others. The UAE-based Petrofac is ranked first in terms of contracts in hand, closely followed by China-based Beijing Petrochemical Engineering Co. Ltd.
Oman Projects Market Analysis, by Contractors
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Oman Projects Market - Key Projects
Some of the largest projects under construction in Oman are Northern and Central Industrial Zone, Duqm Refinery: Process Unit (EPC 1), Duqm Refinery: Offsite & Utilities (EPC 2), Refinery in Duqm Special Economic Zone, Duqm Refinery, Ras Markaz Crude Oil Park, Al Hajer Waste Water, New Hospital at Airport Heights, and Luban Ammonia Plant Project among others. The Northern and Central Industrial Zone has the highest budget with expected completion in 2028.
Oman Projects Market Analysis, by Projects
For more insights on projects in the Oman projects market analysis, download a free sample report
Oman Projects Market Report Outlook
Projects Market Worth | $199.2 billion |
Key Sectors | Oil and Gas, Construction, Transport, Power, Industrial, Gas, and Water |
Key Clients | Duqm Development Company SAOG, Omran, OQ8, Duqm Special Economic Zone Authority, Petroleum Development Oman, Oman Tank Terminal Company, Oman Global Logistics Group, The Public Authority for Water, OQ, Haya Water, Royal Oman Police, and Al Mouj Muscat |
Key Contractors | Petrofac, Beijing Petrochemical Engineering Co. Ltd, Galfar Engineering & Contracting, Tecnicas Reunidas, Daewoo E&C, Al Tasnim Enterprises, Samsung Engineering, Larsen & Toubro, Al Adrak Trading & Contracting Company, Sarooj Construction Co., and Saipem |
Key Projects | Northern and Central Industrial Zone, Duqm Refinery: Process Unit (EPC 1), Duqm Refinery: Offsite & Utilities (EPC 2), Refinery in Duqm Special Economic Zone, Duqm Refinery, Ras Markaz Crude Oil Park, Al Hajer Waste Water, New Hospital at Airport Heights, and Luban Ammonia Plant Project |
Scope
NA
Reasons to Buy
- Opportunities and challenges in Oman’s projects market
- Analysis of the pipeline of planned projects and contract awards
- Key policies and drivers shaping the outlook for projects in Oman
- Political and economic background
- The barriers and challenges that may arise
- Sector-by-sector breakdown of future project plans
- Key drivers of projects in each sector
- Oman’s most valuable key projects and major project sponsors
Table of Contents
Table
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Frequently asked questions
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What was the Oman projects market size in 2021?
The projects market size in Oman was valued at $199.2 billion in 2021.
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What are the key sectors in the Oman projects market?
The key sectors in the Oman projects market are oil and gas, construction, transport, power, industrial, gas, and water.
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Who are the key clients associated with the Oman projects market?
Some of the key clients associated with the Oman projects market are the Duqm Development Company SAOG, Omran, OQ8, Duqm Special Economic Zone Authority, Petroleum Development Oman, Oman Tank Terminal Company, Oman Global Logistics Group, The Public Authority for Water, OQ, Haya Water, Royal Oman Police, and Al Mouj Muscat among others.
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Who are the key contractors associated with the Oman projects market?
Some of the key contractors associated with the Oman projects market are Petrofac, Beijing Petrochemical Engineering Co. Ltd, Galfar Engineering & Contracting, Tecnicas Reunidas, Daewoo E&C, Al Tasnim Enterprises, Samsung Engineering, Larsen & Toubro, Al Adrak Trading & Contracting Company, Sarooj Construction Co., and Saipem among others.
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Which are the key projects associated with Oman?
Some of the key projects associated with Oman are Northern and Central Industrial Zone, Duqm Refinery: Process Unit (EPC 1), Duqm Refinery: Offsite & Utilities (EPC 2), Refinery in Duqm Special Economic Zone, Duqm Refinery, Ras Markaz Crude Oil Park, Al Hajer Waste Water, New Hospital at Airport Heights, and Luban Ammonia Plant Project among others.
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