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Fri Jul 8 23:46:16 EDT 2011
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Oman's 2011 tourism and hospitality programs take off - Oman: Oman will build momentum for its tourism and hospitality sectors in 2011 with the opening new national attractions and a record number of leisure and travel properties and services. The last few months has witnessed the opening of 1,400 new hotel rooms, the royal Opera House Muscat, and extended Muscat-Khasab routes from Oman's National Ferry Company. [AMEInfo.com]


Omani firm targets 1.1m BOE/day production this year - Oman: Raoul Restucci, managing director of Petroleum Development Oman (PDO) has announced the firm aims to produce 1.1 million barrels of oil equivalent (BOE) per day this year, Muscat Daily has reported. The Sultanate's largest oil and gas producer also plans to raise its production to 1.2 million BOE per day by 2014, he said. "Our plan is to consistently deliver 1.1 million BOE a day over the next three years and then to increase it to 1.2 million BOE a day by 2014-15," Restuci said. PDO currently produces around 550,000 barrels of oil a day and 100,000 barrels of condensates. [AMEInfo.com]

Oman set to sign Sur power projects deals - Oman: Oman Power and Water Procurement Co (OPWP) is set to sign agreements for the implementation of the country's biggest power project at Sur in the Sharqiya region by around the middle of July, Oman Daily Observer has reported. The Tender Board has awarded the consortium led by Japan's Marubeni the license to design, finance, construct, operate and maintain the 2,000 megawatts (MW) Independent Power Project (IPP) at Sur. [AMEInfo.com]

Oman Investment Corporation Consortium wins RO127.5m airport project - Oman: The consortium consisting of Oman Investment Corporation SAOC and Ultra Electronics Holdings plc from the United Kingdom, have won a RO127.5m contract for the Muscat and Salalah Airport IT and Systems Integration project. [AMEInfo.com]

2nd Oman Capital Markets to shed light on emerging opportunities in the Sultanate's capital markets - Oman: OITE Conferences in association with Muscat Securities Markets and Capital Markets Authority is pleased to announce the 2nd Oman Capital Markets Forum 2011 which will take place on 26th -27th September 2011 at Al Bustan Palace InterContinental. [AMEInfo.com]