Image Source: Energy Digital Magazine The Sultanate of Oman is poised to become a major player in the global green hydrogen market. Blessed with abundant solar and wind resources, a strategic location, and a supportive government, Oman possesses the ideal conditions to produce and export green hydrogen on a large scale. A Competitive Advantage Oman’s […]
Image Source: Ahead of the Herd The Sultanate of Oman has embarked on a significant expansion of its liquefied natural gas (LNG) production capabilities with the commencement of construction on a new LNG train at the Qalhat Industrial Complex. This strategic move underscores Oman’s commitment to maintaining its position as a global energy supplier while […]
Image Source: Times of Oman Nama Power and Water Procurement Company, Oman’s exclusive procurer of electricity and desalination projects, has entered into new long-term agreements with four existing power and water plants. This strategic move aims to ensure a stable supply of essential utilities while driving investment in the sector. The agreements, secured following a […]
Image Source: OmanObserver The Sultanate of Oman, traditionally reliant on its vast oil reserves, is undergoing a pivotal shift towards a sustainable energy future. This transformation is evident in the country’s burgeoning renewable energy sector, exemplified by the Ibri III solar project, a 500-megawatt initiative requiring a substantial investment of 155 million Omani rials. At […]
Image Source: BBC Oman’s pioneering Dhofar Wind Power Plant is set to celebrate its fifth anniversary next month, marking a significant milestone in the country’s renewable energy journey. This 50-megawatt project, while relatively modest in scale, has generated an impressive 522,423 megawatt-hours of electricity since its inception, according to Nama Power and Water Company (PWP). […]
Image Source: Oman News Agency South Korea and Oman are set to reinvigorate their economic relationship with the resumption of the Korea-Oman Economic Cooperation Committee after an eight-year hiatus. The committee, initially scheduled for 2019 but postponed due to the COVID-19 pandemic, will reconvene to explore new avenues for collaboration. Trade Minister Inkyo Cheong and […]
Image Source: Energy Capital & Power Foreign Ministers Sayyid Badr Albusaidi of Oman and Mohamed Salem Ould Marzouk of Mauritania met in Nouakchott, Mauritania, for a crucial round of talks. The aim? To solidify cooperation between their countries and explore new areas of mutual benefit. The discussion covered a broad range of sectors, pinpointing trade, […]
Image Source: WAM.AE The United Arab Emirates (UAE) and Oman have embarked on a groundbreaking $32 billion green megaproject, aiming to become regional leaders in sustainable development. This ambitious initiative, reported by RenewablesNow, encompasses several key areas: Renewable Energy Powerhouse: The project prioritizes large-scale renewable energy initiatives, including solar and wind power generation. Specific details […]
Image Source: PVTECH Over the next three years, Oman Electricity Transmission Company (OETC) plans to progressively connect approximately twelve major projects across sectors like Industrial, Oil & Gas, Mining, Power, and Crypto-Mining to the national grid. These initiatives collectively require over 1600 MW of power when fully operational. The largest among these projects is United […]
Image Source: EnergyCouncil Oman’s Foreign Minister, Sayyid Badr Albusaidi, and Algeria’s Foreign Minister, Ahmed Attaf, co-chaired the eighth session of the Omani-Algerian Joint Committee in Algiers, focusing on enhancing bilateral ties with a special emphasis on renewable energy cooperation. Both nations underscored the depth of their historical, cultural, and social connections, expressing mutual aspirations to […]