Salalah: The Omani Business Forum for Empowering Light Industries was held today in the Wilayat of Salalah in Dhofar Governorate. Organized by the Salalah Free Zone in cooperation with the Business Forum, the event brought together a number of entrepr…
Month: August 2025
VAC and Torngat Metals Announce Strategic Partnership to Strengthen Rare Earth Supply Chain
HANAU, GERMANY – Newsaktuell – 26 August 2025 – VACUUMSCHMELZE (VAC), a global leader in the production of rare earth permanent magnets and Torngat Metals, a Quebec-based rare earths development company, have signed a non-binding Memorandum of Understanding (MOU) to pursue an offtake agreement for Torngat Metals to supply VAC with long-term security of fully traceable and […]
OQEP Announces Successful Commissioning of Bisat-C Expansion Facilities
Muscat: OQ Exploration and Production (OQEP) announced the successful commissioning of the Bisat-C Expansion Facilities in its flagship Block 60 license, bringing the total oil processing capacity to 67,000 barrels per day.
According to Oman News A…