Posted inM&A Watch

Oman builds national bunkering player with O Bunkering-Marafi merger

Oman folds fuel supply and port services into one entity: Oman’s two marine fuel suppliers — O Bunkering and Marafi Services — merged into a single national entity under the O Bunkering name, linking marine fuel supply with port operations, according to a post on LinkedIn. The merger was formalized on Omani Logistics Day, which saw 24 investment agreements inked across ports, airports, and storage, including a separate bunkering services agreement at Duqm Port.

Logistics growth backdrop: The merger comes as Oman targets higher output from transport and storage, with sector investment rising to OMR 3.4 bn in 2025 from OMR 2.3 bn in 2024, while targeting OMR 3.6 bn for 2026.

Why it matters: The move brings fuel supply, port logistics, and service execution under a single operating structure, aiming to reduce fragmentation and improve coordination across Omani ports. The merger is expected to improve service reliability and expand operational coverage for port calls across Oman.

Scale and reliability in focus, but the details run thin: While the agreement is positioned to yield higher capacity and boost regional competitiveness, there’s no disclosure on fuel volumes, fleet size, customer base, or near-term capacity additions.

About the firms: O Bunkering provides marine fuel at key Omani ports, including Muscat and Sohar, with a broader footprint spanning Duqm and Salalah. Marafi adds the port-side layer — infrastructure, service logistics, and operational support.