February 7, 2012. The government-owned energy investment firm Oman Oil Company has secured a mandate to develop an Independent Power Project (IPP) in Musandam Governorate. The gas-fired project, initially sized at around 120 megawatts (MW) of power generation capacity, will be implemented in parallel with the $600 million Musandam Gas Plant (MGP) project currently under development by its upstream subsidiary, Oman Oil Company Exploration and Production (OOCEP).