Tag: Research

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 […]
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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 […]
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Potential for commercialization of Oman ‘green mineral’ resources

Image Source: ScienceDirect Mineral ores at the heart of modern technologies driving the global energy transition can be found in abundance in the Sultanate of Oman, says the Ministry of Energy and Minerals. Sustainable commercialisation of these ores can help unlock substantial deposits of nickel, lithium, cobalt, rare earth minerals, Platinum Group Metals (PGMs), copper, […]
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Oman’s wealth fund invests in US-based EV battery start-up

Image Source: ZAWYA The Oman Investment Authority has invested in US-based electric vehicle battery start-up Our Next Energy (One). Oman’s sovereign wealth fund also signed a strategic co-operation agreement with One to identify potential areas of partnership in energy and battery storage in the sultanate, Oman News Agency reported on Wednesday. The financial value of the transaction was […]
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EDF, KOWEPO reach financial close on 500-MW solar project in Oman

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 […]
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Oman’s First Green-Hydrogen-Ready Steel Plant By Vulcan Green Steel Breaks Ground

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) […]
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Oman’s X2E plans to invest $1.6bln across alternative fuel value chain

Image Source: ScienceDirect Omani-Scottish waste to value start-up X2E is lining up projects worth $1.6 billion across the alternative fuel value chain including biodiesel and Sustainable Aviation Fuel (SAF) over the next two years, its Founder and CEO John Jones told Zawya Projects in an exclusive interview. The company plans to cultivate Camelina – a drought […]
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Oman Steps Up Low-Carbon Ambitions

Image Source: Medium For Oman, the transition to cleaner energy sources is both an imperative and a practical economic path to a more sustainable future. The Omani government is in a race to prepare for a post-oil future. Since the discovery of oil in the 1960s, the sultanate’s economy has relied heavily on revenue from […]
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