Category: CO2

Oman unveils sustainable finance framework in green push

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 […]
Read More

TCIL Invites Bids for 26 MW Solar Projects at Muscat and Salalah Airports in Oman

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 […]
Read More

IEA advises Oman on becoming a low-carbon hydrogen producer

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 […]
Read More

OQ Gas Networks Partners With Fluxys To Advance Hydrogen In Oman

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 […]
Read More

Further boost for Vale’s ‘Mega Hub’ plan in Oman

Image Source: Fitch Solution Brazilian mining conglomerate Vale’s recent announcement that it had successfully launched the world’s first iron ore briquette project at Vitoria in the southeast of Brazil, represents a further boost for its goal to establish a low-carbon ‘Mega Hub’ at Duqm in the Sultanate of Oman. Vale SA, the world’s largest iron […]
Read More

Oman awards hydrogen blocks to Kuwaiti company

Image Source: Oman Sustainability Week Hydrogen Oman (Hydrom) has granted one of Oman’s initial hydrogen blocks to EnerTech Holding Company, a Kuwaiti state-owned company focused on clean energy investment and development. EnerTech is also a founding partner of the international consortium, Green Energy Oman (GEO). According to a press statement by EnerTech, the GEO consortium, which includes EnerTech, […]
Read More

Oman’s new LNG bunkering project set for 2027 launch

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 […]
Read More

Oman’s economic diversification picking up pace

Image Source: Muscatdaily Oman’s longstanding drive to diversify its predominantly hydrocarbon-dependent national economy has gained strong impetus in recent years on the back of a combination of landmark legislative actions, policy interventions, reinforced organizational mandates and enhanced investment regimes, according to the International Monetary Fund (IMF). The UN global financial agency said in its newly […]
Read More