Image Source: Lins de Vasconcellos Omani Consortium Chooses Green Steel Over Exports Amnah, the winning consortium for Oman’s first green hydrogen development project, has announced a significant shift in its strategy. Instead of exporting green hydrogen derivatives, they plan to utilize it domestically for the production of green steel in Oman. This decision was revealed […]
Image Source: Empowering Pumps Three blocks of land near the port of Duqm awarded by government as the Gulf country aims to produce 1.25 million tonnes of renewable H2 annually by 2030 The Gulf state of Oman has today (Thursday) awarded three blocks of land for green hydrogen project development to consortia including oil majors […]
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 […]
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 […]
Oman’s Ambitious Clean Hydrogen Initiative: Eden Partners With MEM For Geologic Hydrogen Development
Image Source: European Gas Hub Eden, a pioneer in sustainable natural resource recovery, has announced the signing of a Memorandum of Understanding (MoU) with the Oman Ministry of Energy and Minerals (MEM) to lead the development of stimulated geologic hydrogen in Oman. The Sultanate of Oman has set ambitious goals to become a global leader […]
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 […]
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 […]
Image Source: Power Technology Oman Power and Water Procurement Company (OPWP) has released its 7-year statement (2023-2029), which outlines its plans for meeting the growing demand for electricity and water in Oman. The statement forecasts that electricity demand in the Main Interconnected System will grow at an average rate of 2.2% per year, while water […]
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 […]
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, […]