Tag: Oman

LnT To Build Rigs, Semi-Submersibles, FPSOs

Engineering and construction major Larsen and Toubro today said it would build assets for the offshore segment that is facing shortage of assets. L&T, which has a base in Oman, plans to build jack-up rigs, semi-submersibles and FPSOs (Floating Production and Storage Offloading vessels) for the offshore segment in Oman.

Bank of Baroda Signs MOU With Dubai Properties

DUBAI:, A leading Indian public sector bank Bank of Baroda, has signed a memorandum of understanding with Dubai-based real estate company Dubai Properties for funding buyers of the latter’s products in the United Arab Emirates (UAE). In a statement Dubai Properties declared that the contract has been signed between Bank of Baroda chief executive for […]

Nagarjuna plans to enter real estate development in Oman

According to the agency report India’s Nagarjuna Construction Company Limited is planning to enter real estate development in Oman. A senior Nagarjuna Construction official said that “We have plans to develop a multi storied building in Sohar in partnership with an Omani company. The apartment, which will be constructed at a cost of OMR 3 […]