Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Re: News Post Today

Omagine

almost 9 years ago

in response to AltonG's message

It beats all. It was in the Quatar news. Ironic because our project was to be in Quatar some years ago. They were gracious enough to give the company 1mil for their trouble.