Image Source: The world economic forum The groundbreaking ceremony for Vulcan Green Steel’s (VGS) plant, Oman’s first green-hydrogen-ready steel project in Duqm, commenced under the leadership of Dr Ali bin Masoud al Sunaidy, Chairman of OPAZ. With an investment of $3 billion, the plant aims to produce 5 million metric tonnes per annum (5 MTPA) […]
Image Source: ScienceDirect Omani-Scottish waste to value start-up X2E is lining up projects worth $1.6 billion across the alternative fuel value chain including biodiesel and Sustainable Aviation Fuel (SAF) over the next two years, its Founder and CEO John Jones told Zawya Projects in an exclusive interview. The company plans to cultivate Camelina – a drought […]
Image Source: ChemAnalyst Amnah, the consortium securing Oman’s first land block for green hydrogen, has revealed plans to utilize its renewable hydrogen output in Duqm for green steel production. Mark Geilenkirchen, Project CEO, highlighted the strategic commitment to use green hydrogen domestically instead of exporting derivatives like ammonia. The decision aligns with Oman’s focus on […]
Image Source: GraphicRiver In a significant move toward sustainable practices, the Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has undertaken a project to deploy 55 independent 10kW solar energy systems, meeting the power needs of agricultural farms in North Batinah. Launched as part of the fourth edition of the Mustadeem program in collaboration with […]
Image Source: Omansustainabilityweek Marsa LNG will position Oman as a hub for low-carbon LNG bunkering operations once operational by mid-2027 A longstanding plan for the establishment of a renewables-powered liquefied natural gas (LNG) project at the Port of Sohar on Oman’s North Al Batinah coast is set to go ahead with French engineering contractor Technip […]
Image Source: The nature conservancy The country is using its existing energy infrastructure to fast-track its green transition. Ahead of the COP28 climate talks in Dubai later this year, the role of oil and gas-producing economies in the clean energy transition is coming into sharp focus. Ensuring that countries – including those that have relied on oil […]
Image Source: Arabiandaily A roundtable held against the backdrop of the World Economic Forum’s (WEF) annual meeting in Davos (Switzerland) spotlighted the role of three major Belgian companies in supporting the energy transition in the Sultanate of Oman. Represented at the roundtable were top executives of marine engineering and contracting giant DEME (part of the […]
Image Source: Chemistry World A key study led by Omani scientists underscores the potential for the Sultanate of Oman to capitalize on the abundance of high-quality silica sand for cost-competitive thermal energy storage – a prerequisite for the large-scale production of green hydrogen and green ammonia in the country. Publication of the study, titled ‘Silica […]
Image Source: ResearchGate Mineral ores at the heart of modern technologies driving the global energy transition can be found in abundance in the Sultanate of Oman, says the Ministry of Energy and Minerals. Sustainable commercialisation of these ores can help unlock substantial deposits of nickel, lithium, cobalt, rare earth minerals, Platinum Group Metals (PGMs), copper, […]
Image Source: Oman Daily Modest cuts have been announced in subsidy allocations across a range of utilities and essential services in the 2024 State Budget of the Sultanate of Oman. This is in line with the government’s commitment to gradually rolling back subsidies – part of its longstanding bid to reduce the budget deficit. Subsidy […]