Marafiq triumphs in the Utilities category at the Middle East National Business Awards 2023 | Asian Business Review
190 views

Marafiq triumphs in the Utilities category at the Middle East National Business Awards 2023

Its innovative Duqm Integrated Power and Water Plant project earns recognition for its contribution to economic growth, environmental preservation, and community enrichment in Duqm.

Marafiq has emerged victorious in the prestigious Middle East National Business Awards 2023, securing the win in the Utilities category for their outstanding Duqm Integrated Power and Water Plant (DIPWP) project.

Marafiq is deeply committed to becoming a world-class integrated utility provider, exemplified by their dedication to harnessing synergies and optimising resources in the Duqm area. This transformation is turning Duqm into a global trading hub whilst bolstering the economic, urban, and social development of the region.

The DIPWP project is one of their groundbreaking initiatives that provide power and water to the Duqm Refinery (OQ8) on an exclusive basis. The project encompasses a 325 MW Combined Cycle Gas Turbine (CCGT) Power Plant, a 36,000 m3/day Sea Water Reverse Osmosis (SWRO) Desalination Plant, Seawater Intake Facilities, and 1,000,000 m3/day capacity.

In alignment with Oman Vision 2040, Marafiq's contributions extend beyond employment and environmental impact. The company actively reduces CO2 emissions through natural gas-powered electrification, preserving the environment whilst guaranteeing a dependable supply of utilities to meet the growing regional demands. It has also adopted natural gas for power generation, reducing emissions equivalent to those of 20,000 cars. 

Furthermore, Marafiq aspires to be a comprehensive entity, addressing the needs of businesses in Duqm. By investing in education and enhancing the skills of the local workforce, Marafiq actively contributes to the local community by meeting the utility needs of over 4000 customers, generating nearly 400 jobs, and providing on-the-job training opportunities with a commitment to hiring 25% of trainees. The company's dedication extends to educational initiatives, including the construction of a state-of-the-art nursery in Duqm and sponsoring top Omani students for intercultural learning experiences in the UK.

Marafiq's remarkable achievements are set to serve as a guiding light for Oman's future, promoting sustainability, social equality, responsibility, and forward thinking. The company's commitment to the principles of citizenship and a genuine Omani identity perfectly aligns with the nation's vision for a prosperous future.

The Malaysia National Business Awards is presented by Asian Business Review Magazine. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your company's exceptional contributions to the local business landscape in Malaysia, please contact Danica Avila at danica@charltonmediamail.com.

Follow the link for more news on

Rumah Sakit Kanker Dharmais memimpin inovasi pelayanan kanker di Indonesia

Direktur Utama RS Kanker Dharmais Soeko Werdi Nindito Daroekoesoemo mengungkapkan teknologi canggih dan tujuh program unggulan untuk perawatan kanker.

BRI Life mengandalkan kanal bancassurance di tengah permintaan asuransi yang meningkat

Hingga November 2023, kanal bancassurance berkontribusi sebesar 81% dari total pendapatan premi BRI Life.

Allianz Syariah menawarkan asuransi Syariah untuk seluruh masyarakat Indonesia

Tingkat literasi dan inklusi keuangan syariah yang masih rendah mendorong perusahaan menerapkan langkah jangka pendek dan panjang.

Aplikasi blu oleh Group BCA memperluas ekosistem digital melalui BaaS

Strategi tersebut telah berhasil meningkatkan transaksi dan membangun kepercayaan nasabah sebesar 53,4% sepanjang 2023.

Titan-titan asuransi dan perbankan Asia berjanji untuk mengambil tindakan terhadap perubahan iklim

Pemimpin-pemimpin asuransi dan perbankan bergabung untuk mengatasi perubahan iklim, dengan menekankan perlunya investasi berkelanjutan dan strategi transisi yang inklusif.

RUU data kesehatan Singapura mewajibkan pengaturan pemberian informasi

Untuk memastikan pengungkapan dan pemberian data, Kementerian Kesehatan dapat memberlakukan denda hingga $1 juta atas ketidakpatuhan.

Asuransi melonjak berkat lonjakan wisatawan Hong Kong

CEO Jim Qin dari Zurich Insurance menyatakan tren liburan yang panjang pada warga Hong Kong di 2023, meningkatkan penjualan asuransi perjalanan.

Bank Tabungan Negara (BTN) bertekad meningkatkan pinjaman kepemilikan rumah syariah

Hingga November 2023, aset BTN Syariah telah mencapai Rp49 triliun.