Oman National Investments Development Co (Tanmia) acquired a 30% stake in Bauer Nimr LLC, the company involved in the treatment of oil-contaminated water in Oman. Bauer Nimr started its operations in Oman in 2010 with a 20-year contract from PDO. The purification field used by the company at Nimr area is the largest and the first of its kind in the world to use reed beds as a technology for the separation of oil from water. The technology is cost effective and contributes to the reduction of the country’s oil output costs, in addition to being environmentally friendly. The company is considering coordination with BP Khazzan and be’ah on waste management projects counting on the expertise of Bauer Resources, which has projects around the world in this area and others, to expand its operations with assistance from its Omani partners. (Muscat Daily)