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Duqm Energy Logistics Hub Expansion, What Sumitomo-EDO Joint Venture Means for Business Opportunities in Oman...
29 Oct, 2025 13:44 420 min read
Oman has launched its first integrated energy supply chain company in Duqm through a joint venture between state-owned Energy Development Oman and Japan's Sumitomo Corporation. This venture will centralize the management and delivery of critical materials for the oil and gas sector to reduce costs and operational downtime. The partnership strengthens Oman's national energy ecosystem and aims to develop local talent. While initially focused on the hydrocarbon industry, the partners plan to expand into supporting solar and wind energy equipment in the future.... More