Image Source: Lins de Vasconcellos Omani Consortium Chooses Green Steel Over Exports Amnah, the winning consortium for Oman’s first green hydrogen development project, has announced a significant shift in its strategy. Instead of exporting green hydrogen derivatives, they plan to utilize it domestically for the production of green steel in Oman. This decision was revealed […]
Image Source: Aju Korea Daily South Korean steel giant POSCO is taking a major leap towards green steel production with a record-breaking deal. A consortium led by POSCO has secured a $6.7 billion contract to build the world’s largest green hydrogen facility in Duqm, Oman. This project significantly contributes to Oman’s goal of achieving carbon […]
Image Source: Empowering Pumps Three blocks of land near the port of Duqm awarded by government as the Gulf country aims to produce 1.25 million tonnes of renewable H2 annually by 2030 The Gulf state of Oman has today (Thursday) awarded three blocks of land for green hydrogen project development to consortia including oil majors […]
Image Source: ifec.org.hk Oman unveiled late on Wednesday a sustainable finance framework to help the Gulf country reduce its reliance on fossil fuels and attract environmental, social and governance investors. Under the initiative, Oman plans to issue financial instruments like green, social and sustainability bonds as well as loans and sukuk — bonds that comply […]
Image Source: Medium Sultanate hopes to attract bids for over 1,000 square km of land in south of the country The sultanate of Oman has officially launched the second round of land lease auctions for its green hydrogen programme, with up to three parcels of land encompassing over 1,000 square km in the south of […]
Image Source: The Kickass Entrepreneur In a significant development in the field of renewable energy, Telecommunications Consultants India Ltd. (TCIL) has issued an invitation for bids from eligible parties to establish a pre-tender tie-up for a substantial project in Oman. The project, titled “DESIGN, ENGINEERING, SUPPLY, CONSTRUCTION, TESTING, COMMISSIONING INCLUDING OPERATION AND MAINTENANCE OF 20MW […]
Image Source: Verogy The solar project will begin operation in Q1 2025, providing more than 50,000 homes with power A consortium led by French utility specialist EDF Renewables and Korea Western Power Corporation (Kowepo), has announced that it has reached financial close on Manah 1 – a 500MW solar power plant located in Oman. Following […]
Oman’s Ambitious Clean Hydrogen Initiative: Eden Partners With MEM For Geologic Hydrogen Development
Image Source: European Gas Hub Eden, a pioneer in sustainable natural resource recovery, has announced the signing of a Memorandum of Understanding (MoU) with the Oman Ministry of Energy and Minerals (MEM) to lead the development of stimulated geologic hydrogen in Oman. The Sultanate of Oman has set ambitious goals to become a global leader […]
Image Source: ResearchGate The IEA predicts that Oman could become the sixth-largest exporter of hydrogen globally by 2030. The IEA has issued a report to Oman’s Minister of Energy and Minerals, Salim Al Aufi, on the country’s capacity to become a low-emissions hydrogen supplier by 2030. The report is the first to analyse renewable hydrogen […]
Image Source: Fluxys OQ Gas Networks (OQGN), Oman’s gas transportation company, has taken a significant step toward advancing low-carbon energy infrastructure in the country. The company has signed a Memorandum of Understanding (MoU) with Fluxys, a Belgian-based energy infrastructure group, to explore collaborations in hydrogen and carbon dioxide (CO2) infrastructure projects within Oman. OQGN’s Managing […]