EDF, Suez sign multi-billion euro contracts with Oman during Sultan's Paris visit

French energy giant EDF and environmental services group Suez have secured significant contracts with Oman, valued at 4 billion and 2 billion euros respectively. The deals were signed in Paris during a bilateral business forum attended by French President Emmanuel Macron and Oman's Sultan Haitham bin Tarik.

President Macron welcomed the strong interest from Omani businesses in French companies, emphasizing a desire to build a "special cooperation." The agreements underscore France's push for enhanced business ties with the hydrocarbon-rich nation situated on the southern shore of the Strait of Hormuz.

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There is much appetite for our companies and much interest in working with them.

The contract with EDF involves the development of a pumped-storage hydroelectric energy transfer station at the Wadi Daysat dam, located approximately 90 kilometers south of the Omani capital, Muscat. This project aims to bolster energy infrastructure in the region.

Suez's 15-year contract focuses on the management and maintenance of water supply and sanitation services for an estimated 2.3 million people. This comprehensive agreement includes the operation of 240 wells and 10,700 kilometers of pipelines for water distribution, modernization of four desalination plants, and the management of 400,000 smart water meters. Additionally, it covers the operation of 22 wastewater treatment plants and extensive sanitation networks.

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We want to build a special cooperation.