Tag: CO2

Oman targets 11 PPP projects for implementation in 2024

Image Source: Oman Times The Omani government has announced plans to progress the implementation of as many as 11 sizable projects and initiatives under its strategic Public-Private Partnership (PPP) programme during 2024. The projects in question, outlined in the 2024 State Budget, span several sectors, including Transport & Logistics, Health, Education, Agriculture and Fisheries, Construction, […]
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Oman Investment Authority ranks second in world in governance, sustainability index

Image Source: Yourstory The report highlights OIA’s commitment to adhering to international norms and principles of governance and transparency practices endorsed by IFSWF Oman Investment Authority (OIA) has secured the second position worldwide in development of governance and sustainability performance index for the period between 2022 and 2023. According to a report by the International […]
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Oman Shell’s Blue Hydrogen project to support the energy transition

Image Source: Oman Observer A landmark Blue Hydrogen & Ammonia project being firmed up by Oman Shell for planned implementation at Duqm has the potential to underpin the country’s transition to large-scale adoption of sustainable zero-carbon fuels, such as green hydrogen. Shell recently announced that it had received the support and endorsement of the Ministry […]
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Oman’s largest solar PV project for desalination inaugurated

Image Source: Oman Observer It is the largest solar system for a desalination plant with an annual capacity of over 32,000 MWh of green electricity Eng Salim bin Nasser al Aufi, the Minister of Energy and Minerals, inaugurated the 17-megawatt peak (MWp) solar photovoltaic (PV) farm producing green energy to power the Sharqiyah Desalination Plant in […]
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Oman’s biggest solar power project now remotely operated

Image Source: Grants Assist Oman Electricity Transmission Company (OETC), the owner and operator of the country’s transmission grids, has announced the successful completion of tests to support the remote operation of the Ibri Solar Independent Power Project (IPP). Also known as Ibri II Solar IPP, the 500 MW capacity project is the largest grid-connected utility-scale […]
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Samsung C&T to set up mega Oman green ammonia project

Image Source: TaiyangNews South Korea’s Samsung C&T Corp. is collaborating with leading multinational companies – Japan’s Marubeni Corporation and Oman’s state-owned energy company OQ – for a large-scale green ammonia project, SalalaH2, in the sultanate, reported The Pulse news portal. A mega project, SalalaH2 aims to produce 1 million tonnes of green ammonia annually within […]
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Oman’s wealth fund invests in US-based EV battery start-up

Image Source: ZAWYA The Oman Investment Authority has invested in US-based electric vehicle battery start-up Our Next Energy (One). Oman’s sovereign wealth fund also signed a strategic co-operation agreement with One to identify potential areas of partnership in energy and battery storage in the sultanate, Oman News Agency reported on Wednesday. The financial value of the transaction was […]
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Oman’s First Green-Hydrogen-Ready Steel Plant By Vulcan Green Steel Breaks Ground

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) […]
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Oman’s X2E plans to invest $1.6bln across alternative fuel value chain

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 […]
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