Ministry of Energy and Minerals

What Ministry of Energy and Minerals does

The Ministry of Energy and Minerals (MEM) is the Sultanate of Oman's central regulatory authority for the energy and minerals sectors, established by Royal Decree No. 96/2020 on 18 August 2020, succeeding the former Ministry of Oil and Gas. Headquartered in Muscat with five regional minerals offices in Nizwa, Buraimi, Sohar, Ibra, and Salalah, MEM oversees oil and gas exploration and production, mineral resource development, renewable energy, hydrogen, and the national net-zero transition. It manages concession offerings, licensing, HSSE standards, and strategic partnerships for a sector producing roughly 1 million barrels of crude per day, 151.2 million cubic meters of natural gas, and 64.9 million tons of minerals annually.

MEM operates a unified platform-plus-modules architecture comprising five core digital platforms: Meezan (GHG emissions management aligned with ISO 14064 and IPCC), Taqa (energy and mining investment promotion and concession bidding), Makman (oil and gas exploration data), Kwader (sector e-recruitment), and JSRS (supplier registration). In 2026 it added an AI-powered integrated digital supply chain platform covering RO 4 billion in annual contracts across 6,000+ suppliers. The Ministry is pursuing differentiated technical capabilities including geologic hydrogen exploration in the Samail Ophiolite, CO2-based Enhanced Oil Recovery, CCUS, and machine learning for reservoir optimization in mature fields.

MEM is funded by the Omani state budget and does not generate commercial revenue. Its economic activity is mediated through concession and licensing fees, Exploration and Production Sharing Agreements (EPSAs), data fees, and tender submissions under multi-year contracts. It serves four primary customer segments: domestic and international energy and mining companies operating under concession; other Omani government entities coordinating on energy transition; international investors entering Oman's energy and minerals markets; and Omani citizens engaging through public education, recruitment, and community programs. Key strategic partners include Petroleum Development Oman, OQ Group, Nama Group, Minerals Development Oman, Shell, BP, TotalEnergies, Oman LNG, and the Port of Rotterdam for hydrogen corridors.

Name

Ministry of Energy and Minerals

Legal name

Ministry of Energy and Minerals

Website

https://mem.gov.om

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

The Ministry of Energy and Minerals (MEM) is Oman's central regulatory authority, established by Royal Decree No. 96/2020, overseeing oil and gas concessions, minerals, renewable energy, hydrogen, and the national net-zero transition. It serves energy and mining operators, government entities, international investors, and Omani citizens through five core digital platforms and concession management.

Ownership category

akta.pro rank

Product category

Energy and Minerals Regulatory Services

NAICS

Administration of Environmental Quality Programs (9241), Administration of Air and Water Resource and Solid Waste Management Programs (92411), Environmental Consulting Services (541620), Electric Power Generation, Transmission and Distribution (2211)

SIC

Metal Mining (1000), Oil & Gas Field Exploration Services (1382), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Energy & Sustainability Management (Energy Audits/Optimization/Carbon & ESG Programs) (IMAIAAAM)

akta.pro secondary industries

Microgrid & BTM EMS (Site/Facility Energy Optimization) (EUAFAKAD), Meter Asset Management (Lifecycle, Testing, Calibration & Replacement) (EUAJACAC)

Keywords

• Energy sector regulation
• Minerals resource management
• Oil and gas concessions
• Renewable energy policy
• Government hydrocarbon licensing

Headquarters

HQ city

Muscat

HQ country

Oman

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Government Budget Funding: The Ministry is a government entity funded by state budget appropriations. It does not generate commercial revenue but manages national resources for economic benefit.
2. Concession and Licensing Fees: Revenue generated from oil, gas, and mineral concession areas through tender processes, data fees, and exploration/production sharing agreements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

The Ministry of Energy and Minerals (MEM) is the governmental authority of Oman that regulates, develops, and manages the Sultanate's energy and mineral resources. It oversees exploration and production of oil, gas, and minerals through concession management and licensing, sets policy for renewable energy and hydrogen, drives net-zero strategy implementation, and operates integrated digital platforms (Meezan, Makman, Kwader, Taqa, JSRS) that support data access, emissions monitoring, recruitment, supplier registration, and investment promotion across the sector.

Product overview

The Ministry of Energy and Minerals operates a unified platform-plus-modules architecture consisting of five core digital platforms: Meezan (GHG emissions management), Taqa (energy/mining investment promotion), Makman (oil and gas data), Kwader (e-recruitment), and JSRS (supplier registration). These platforms serve the Ministry's core functions across oil and gas, minerals, renewable energy, and net zero sectors. The Ministry oversees energy and mineral resource development through regulatory frameworks, concession management, HSSE standards, and digital supply chain initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Meezan Platform: A digital platform for managing greenhouse gas (GHG) emissions, supporting the measurement and monitoring of emissions to help achieve net-zero goals.
• Kwader Platform
• Makman Platform
• Taqa Platform

Products and services

• Meezan Platform A digital platform for managing greenhouse gas (GHG) emissions, supporting measurement and monitoring of emissions to help achieve net-zero goals. Built in alignment with ISO 14064 series and IPCC methodologies.
• Taqa Platform A digital platform to promote investment in the energy and mining sectors, transforming services from paper to digital. Provides bidding on public sites and concession areas, expanding to include licensing management, revenue collection, contract management, and inspection oversight.
• Makman Platform An advanced digital gateway for oil and gas data, providing an integrated environment that enables access to technical data including oil and gas well information, seismic survey data, and technical documentation.
• Kwader Platform A unified electronic recruitment platform for the oil and gas sector that streamlines recruitment processes across operating companies through a centralized interface connecting job seekers with employers.
• JSRS - Joint Supplier Registration System A unified portal for supplier accreditation in the oil and gas sector, facilitating tendering and procurement processes and enhancing transparency.
• Oil and Gas Sector Services Oversees exploration and production of hydrocarbon resources including concession management, geologic hydrogen exploration, HSSE standards, annual production statistics, and laws and regulations for the oil and gas sector.
• Minerals Sector Services Manages exploration and development of mineral resources including limestone, gypsum, chromite, copper, silica, and salt. Offers mining concessions through Taqa platform and oversees HSE guidelines for mining operations.
• Renewable Energy and Hydrogen Services Focuses on clean energy development and hydrogen expansion through the Directorate General of Renewable Energy and Hydrogen, including renewable concessions mapping, strategies and policies for hydrogen (grey, blue, green), and energy efficiency.
• Oman Net Zero Services National net zero transition plan managed through Oman Net Zero Centre including emissions mapping, carbon market management, energy efficiency, and regulatory framework for carbon markets.
• National Open Data Portal The open data of the Ministry of Energy and Minerals is available through the National Open Data Portal.
• Digital Supply Chain Platform for Energy Sector AI-powered platform for streamlining procurement, contract management, and spending efficiency across the energy sector, managing over RO 4 billion in supply contracts, 6,000+ suppliers, and 600+ tenders annually.

Quantifiable outcome

• Lost-time accidents reduced 23% to 30 cases, with zero fatalities in 2025
• +5 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Partnerships

20 partnerships are on record, tiered core, major and supporting.

• Petroleum Development Oman (PDO)coreStrategic or Co-development PartnerPDO is the largest oil exploration and production company in Oman. The Ministry works with PDO on concession management, production oversight, and sector development initiatives.
• OQ GroupcoreStrategic or Co-development PartnerNational oil and gas company operating across upstream and downstream sectors. Partnership on exploration, production, and refining operations.
• Nama GroupcoreStrategic or Co-development PartnerElectricity transmission and distribution company. Partnership on electricity sector development, renewable integration, and grid infrastructure.
• Minerals Development Oman (MDO)coreStrategic or Co-development PartnerState-owned company managing mineral resources. Partnership on silica industrial clusters, mineral exploration, and mining sector development.
• OQ Exploration & Production (OQEP)coreStrategic or Co-development PartnerState-owned exploration and production company. Partnership on Block 53, Block 80, and other concession areas.
• Shell OmancoreStrategic or Co-development PartnerInternational energy company operating in Oman's upstream oil and gas sector under production sharing agreements.
• BP OmancoreStrategic or Co-development PartnerInternational oil company with upstream operations in Oman. Partnership on exploration and production activities.
• TotalEnergies OmancoreStrategic or Co-development PartnerInternational energy company operating in Oman's oil and gas sector under concession agreements.
• Oman LNGcoreStrategic or Co-development PartnerLNG production company. Partnership on natural gas processing and export operations.
• Turkish Petroleum Overseas Company (TPOC)majorStrategic or Co-development PartnerPartnership on Block 80 concession in Musandam Governorate (50% interest), with OQEP holding remaining 50%.
• HydromcoreStrategic or Co-development PartnerEntity facilitating green hydrogen auctions and coordinating hydrogen sector development in Oman.
• Environmental Authority (EA)coreStrategic or Co-development PartnerGovernment entity for environmental regulation. Partnership on carbon market framework and emissions management.
• OQ Gas NetworkscoreStrategic or Co-development PartnerSole operator of Oman's natural gas transportation network. Partnership on gas pipeline infrastructure.
• Sohar Port and FreezonemajorStrategic or Co-development PartnerStrategic port and industrial zone. Partnership on hydrogen export corridor development and mineral processing.
• Oman Society of EngineerssupportingStrategic or Co-development PartnerProfessional organization. Co-organizer of Salalah Engineering Forum and other sector events.
• Research and Innovation Authority (RIA)supportingStrategic or Co-development PartnerNational research authority. Partnership on Enhanced Oil Recovery research initiative and technological innovation.
• Sultan Qaboos UniversitysupportingStrategic or Co-development PartnerNational university. Partnership on energy efficiency agreements and research collaboration.
• Port of RotterdammajorStrategic or Co-development PartnerEuropean port authority. Partnership on Noor Bridge project and green hydrogen corridor development.
• ENOVA Facilities Management and EnergysupportingStrategic or Co-development PartnerEnergy efficiency company. Partnership on Government Buildings Energy Efficiency Program under Super ESCO model.
• Energy Sector Social Responsibility Development Foundation (Rikan)supportingStrategic or Co-development PartnerCSR foundation for energy sector. Partnership on community development initiatives and social investment programs.

Scale indicators22 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Saudi Arabia Ministry of Energy: Saudi Arabia's national ministry responsible for oil, gas, renewables, and hydrogen policy with exclusive regulatory authority over the Kingdom's energy sector. It is the closest functional peer to MEM given similar scope over upstream concessions, energy transition strategy, and national oil company oversight.
• Petroleum Development Oman (PDO): Oman's largest oil and gas exploration and production operator, led by Shell. Functions as MEM's largest concessionaire partner and the primary producer of Oman's ~1M bbl/day crude output.
• Hydrom: Oman's dedicated green hydrogen entity facilitating hydrogen auctions under MEM policy. Directly comparable as the operational execution arm of MEM's hydrogen strategy and a key partner in concession management for green hydrogen projects.
• UAE Ministry of Energy and Infrastructure: UAE federal ministry with comparable mandate across conventional energy, renewables, and hydrogen. Directly comparable given parallel GCC structure, Vision 2030-style diversification goals, and overlap on hydrogen corridor development.
• Nama Group (Oman): Oman's electricity transmission and distribution holding company partnering with MEM on renewable integration, grid infrastructure, and net-zero initiatives. Directly comparable as a state-owned utility entity operating under MEM's regulatory framework.
• OQ Group: Oman's national oil and gas company operating across upstream, midstream, and downstream under MEM's regulatory oversight. Most comparable as the primary national operator MEM regulates across exploration, production, and gas networks.
• Minerals Development Oman (MDO): State-owned minerals sector company executing MEM's mining diversification strategy across silica, limestone, gypsum, and copper. Comparable as the principal minerals concession operator under MEM's regulatory authority.

Broad incumbents

• ADNOC: UAE's national oil company with exploration, production, and energy transition operations. Comparable as a state-affiliated energy major operating under MEM-equivalent regulatory frameworks in a neighboring GCC jurisdiction with overlapping hydrogen and concession strategies.
• QatarEnergy: Qatar's state-owned energy company with oil, gas, LNG, and emerging hydrogen/renewables operations. Comparable given similar GCC national oil company structure with parallel expansion into blue/green hydrogen competing with Oman's green hydrogen corridor strategy.
• Saudi Aramco: World's largest integrated energy company with extensive GCC hydrogen and renewable energy investments. Comparable as a peer national oil company with overlapping upstream concessions and competing clean energy investments in the regional market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/memgovom
• Facebookfacebook.com/memgovom
• LinkedInlinkedin.com/company/ministry-of-energy-and-minerals

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ministry of Energy and Minerals