SNF announces $250mn expansion plan in Oman

SNF announces $250mn expansion plan in Oman

Muscat – SNF, world’s leading manufacturer of water-soluble polymers, has announced a major expansion plan worth $250mn in self-financing and partnerships in Oman. With more than 1.5mn tonnes capacity of active content, France-based SNF is the foremost global supplier of integrated solutions for chemical enhanced oil recovery (EOR). ‘SNF expects to use these funds to […]Muscat – SNF, world’s leading manufacturer of water-soluble polymers, has announced a major expansion plan worth $250mn in self-financing and partnerships in Oman.

With more than 1.5mn tonnes capacity of active content, France-based SNF is the foremost global supplier of integrated solutions for chemical enhanced oil recovery (EOR).

‘SNF expects to use these funds to further develop its production capabilities within Oman, meet infrastructure needs of its key clients, expand its workforce in the region and promote academic collaborations and research and development (R&D) activities in the oil and gas sector in Oman,’ the company said in a press statement.

In 2024, SNF plans to open its Regional SNF Technical Centre in Muscat, to be known as RSTC Oman, which will serve as SNF’s R&D hub for the entire Gulf region.

‘This facility expands the commitment of SNF in developing world-leading polymer expertise to support customers to achieve their