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 […]
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 […]
Image Source: World-Energy A consortium led by EDF Renewables and Korea Western Power Corporation (KOWEPO) today announced financial close of the 500-MW Manah 1 solar project in Oman. The consortium was awarded the contract to build Manah I in March 2023, and construction of the solar park commenced in September. It is scheduled to begin commercial operation in […]
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) […]
Image Source: DEME Group Belgium’s DEME Concessions NV and Oman’s OQ Alternative Energy have inked a usufruct agreement with Hydrogen Oman (Hydrom) and the Public Authority for Special Economic Zones and Free Zones (OPAZ) regarding their planned green hydrogen project in the Duqm area, central Oman. The two companies united in the Hyport Duqm consortium […]
Image Source: ChemAnalyst Amnah, the consortium securing Oman’s first land block for green hydrogen, has revealed plans to utilize its renewable hydrogen output in Duqm for green steel production. Mark Geilenkirchen, Project CEO, highlighted the strategic commitment to use green hydrogen domestically instead of exporting derivatives like ammonia. The decision aligns with Oman’s focus on […]
Image Source: Asian Power H.E. Eng. Salim bin Nasser Al-Aufi, the Minister of Energy and Minerals in Oman, has officially inaugurated a 17-megawatt peak (MWp) solar photovoltaic (PV) farm designed to power the Sharqiyah Desalination Plant in Sur, Oman. This solar farm, the largest of its kind for a desalination facility in Oman, boasts an […]
Image Source: GraphicRiver In a significant move toward sustainable practices, the Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has undertaken a project to deploy 55 independent 10kW solar energy systems, meeting the power needs of agricultural farms in North Batinah. Launched as part of the fourth edition of the Mustadeem program in collaboration with […]
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 […]
Image Source: The nature conservancy The country is using its existing energy infrastructure to fast-track its green transition. Ahead of the COP28 climate talks in Dubai later this year, the role of oil and gas-producing economies in the clean energy transition is coming into sharp focus. Ensuring that countries – including those that have relied on oil […]