GulfBase Live Support
19/09/2025 03:01 AST
Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a new contract addendum under which the Fahud heavy oil production facility will be supplied with diesel fuel.
The signing of this addendum comes within the framework of strategic cooperation between the two parties to support the continuity of production operations and to ensure the provision of the necessary energy supplies for vital projects in the oil and gas sector.
Under this agreement, an estimated 35 to 40 million litres of diesel are expected to be supplied annually. This contract also reflects the mutual trust between the two companies and affirms Al Maha's commitment to providing reliable services that meet the highest standards of quality and safety.
The Fahud heavy oil production facility is one of the main stations contributing to the enhancement of oil production in the Sultanate of Oman. This agreement will help ensure the stability of its operations, improve efficiency, and support the Sultanate's efforts to achieve sustainability in the energy sector.
Eng. Al Maghdri also emphasised that this step represents a significant addition to Al Maha's record of achievements in the field of fuel supply, and reflects its constant commitment to working hand in hand with Petroleum Development Oman in order to support the national economy and enhance in-country value.
Times of Oman
06/01/2026
Al Maha Petroleum Products Marketing announced the signing of a Memorandum of Understanding (MoU) with Hydronova, aiming to cooperate in the development and operation of innovative hydrogen-based sol
Trade Arabia
06/10/2025
Al Maha Petroleum has launched PowerPlus 98, a high-octane petrol (98 RON) designed to meet the needs of modern engines requiring precise combustion and better engine responsiveness. Produced in Oma
Times of Oman
04/08/2025
Takaful Oman and Al Maha Petroleum have partnered to offer Sharia-compliant insurance solutions directly through Al Maha's digital platforms.
The partnership aims to improve accessibility f
Trade Arabia
| Ticker | Price | Volume |
|---|
05/04/2026
Shareholders of Doha Bank have approved the board of directors' recommendation to distribute cash dividends of QR0.15 per share, equivalent to 15% of the nominal value, Doha Bank chairman Sheikh Faha
Gulf Times
05/04/2026
Saudi-based Al Ramz Real Estate Company has announced the signing of an agreement for the establishment of a shariah-compliant real estate investment fund, to be managed by Oud Capital (the Fund Mana
Trade Arabia
05/04/2026
Kuwait's leading low-cost carrier Jazeera Airways has announced the launch of flights to three new destinations in the Indian sub-continent - Peshawar and Sialkot in Pakistan, and the South Indian ci
Trade Arabia
03/04/2026
National Bank of Kuwait - Egypt has secured a $50 million financing package from the European Bank for Reconstruction and Development (EBRD), supported by the European Union (EU), to expand access to
Kuwait Times
03/04/2026
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail I
Trade Arabia