Image Source: Dubai Forum Muscat – Energy Development Oman (EDO) and its subsidiaries, Petroleum Development Oman and Hydrogen Oman – Hydrom – are participating at COP28, showcasing Oman’s potential in renewable energies and green hydrogen. The world-renowned conference will run until December 12th and serve as a global platform for Oman to underscore its commitment to a […]
Image Source: ZAWYA MUSCAT: A trio of international financial institutions has come together to provide $301.8 million in project finance towards the construction of a 500 MW capacity solar PV project currently in the initial stages of development at Manah in Oman’s Al Dakhiliyah Governorate. The project, dubbed ‘Manah-1 Solar IPP’, is being implemented by […]
Image Source: KED Global The Export-Import Bank of Korea (Eximbank) announced on Dec. 7 that it will provide a total of US$170 million in project financing (PF) for the Manah1 solar power project in Oman, which was secured by Korea Western Power (KOWEPO). The Manah1 solar power project, led by Oman’s state-owned Electricity and Desalination […]
Image Source: Energy Oman Magazine Nama Power and Water Procurement Co (PWP), the sole off-taker of electricity from independent power plants in Oman, will seek developers for new solar and wind projects that are planned to add about 3 GW of capacity by 2029 in addition to a gigawatt that has already been assigned. The […]
Image Source: Andp Unescwa The country’s ruler, Sultan Haitham, has said it can reach the net-zero emissions goal by 2050. The regional agenda address at Cop28 in Dubai has been eagerly anticipated as a chance to showcase that work. “Every speech his majesty makes stresses the necessity to move to Net Zero by 2050. […]
Image Source: Ministry of Energy and Minerals Oman’s Ministry of Energy and Minerals and Hydrogen Oman (Hydrom) signed a Joint Study Agreement (JSA) with Port of Amsterdam, Zenith Energy Terminals and GasLog for the development of a liquid hydrogen route to market for green hydrogen produced in the Sultanate, Hydrom said in a press statement. […]
Image Source: Professional Electrician & Installer Oman has made it mandatory for all fuel stations across the sultanate to have charging stations for electric vehicles (EV) in its push towards green mobility. The decision is based on a ministerial decree that was published in the government’s Official Gazette on November 5, which states: “Owners of commercial […]
Image Source: Gpca 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 […]
Image Source: Intelligent CIO The rich opportunities offered by Duqm are exemplified by the Duqm Refinery project and the Raz Markaz Crude Oil Storage Terminal – the largest oil storage in the Middle East DUQM: The two-day Duqm Investment Forum concluded at the Special Economic Zone (SEZ) in Duqm on Tuesday, October 17, 2023, under […]
Image Source: Jeff Gelski Net Zero Tracker, an independent data consortium including Oxford University, said corporate targets from Forbes2000 index companies had jumped 40% to 1,003 in October 2023, from 702 in June 2022, covering two-thirds of revenues, some $27trln LONDON – Half of the world’s 2,000 biggest listed companies have set a target to […]