Two renewable energy companies have joined forces to build a $2.5bn green hydrogen and ammonia project in Oman. The 50:50 joint venture between Norway’s Scatec and India’s Acme Group will design and build the plant in the Duqm Special Economic Zone, about 400km south of Muscat. The first phase is expected to produce 100,000 tonnes […]
ACME Group partners with Norway-based Scatec to develop a large-scale green ammonia facility in Oman – EQ Mag Pro
Gurugram: ACME Group signed an agreement with Norway-based Scatec ASA to invest in its Oman Project with a 50-50 joint venture, to design, develop, build, and operate a large-scale green ammonia facility in Oman. The first phase of the facility is expected to produce 100,000 tonnes of green ammonia annually and will be expanded to […]
New 500 MW Ibri 2 Solar Power Project, inaugurated in Al Dhahirah Governorate on Monday, symbolizes growing Oman-Saudi bilateral relations: Chairman of Saudi based ACWA Power – EQ Mag Pro
A major milestone in zero-carbon electricity generation was marked in the Sultanate of Oman on Monday, when Sayyid Hamoud bin Faisal al Busaidi, Minister of Interior, presided over the official opening of the Ibri 2 Solar Power Project – a 500MW capacity utility scale scheme currently the biggest of its kind in Oman Set up […]
Oman state energy firm signs hydrogen agreement with Kogas – EQ Mag Pro
Oman state energy company OQ has signed a memorandum of understanding (MoU) with Korean Gas Technology Corporation (Kogas-Tech) to explore opportunities in green hydrogen in Oman. Oman state energy 25 novOQ has signed a number of agreements with international companies on developing major green hydrogen projects in Oman. The agreement was signed on 22 November […]
Oman LNG to fund solar installations at 32 OWA centres – EQ Mag Pro
A number of SMEs will receive contracts to to supply and install these solar panels Attesting to its robust commitment to serve the nation, Oman LNG inked five key agreements with the Ministry of Social Development to finance a number of community projects and initiatives. Key among these pacts is an agreement to fund the […]
Oman, South Korea to boost cooperation in green hydrogen space – EQ Mag Pro
The MoU ceremony was held at OQ headquarters in Muscat OQ, the global integrated energy group of the Sultanate of Oman, signed a Memorandum of Understanding with KOGAS Tech aiming at exploring potential cooperation between the two parties in hydrogen-related opportunities. The MoU ceremony was held at OQ headquarters in Muscat and was signed by […]
‘Oman aims to build a hydrogen-centric economy by 2040, with 30GW of green and blue H2’ – EQ Mag Pro
Local official reveals details of forthcoming national hydrogen strategy, which is due to be published in the coming weeks Oman is planning to build a hydrogen-centric economy by 2040, with an annual production capacity of green and blue H2, according to a local official helping to formulate the sultanate’s national hydrogen strategy. “The potential for […]
Shell Plans New Renewable Energy Projects in Oman – EQ Mag Pro
Shell is pursuing renewable energy plans in Oman, a country that wants to generate 30% of its electricity needs from clean energy sources by 2030. The Dutch company, Emirati daily The National reports, has already launched the 25-megawatt Qabas solar plant in Sohar in January, which was Shell’s first renewable project in the Middle East. […]
Oman Signs Land Deal For Green Hydrogen Project With India’s ACME, Report Says
The deal is part of a plan by Oman’s Public Authority for Special Economic Zones and Free Zones to promote investment in clean energy CAIRO :Oman has signed a land reservation agreement for a green hydrogen and ammonia project that Indian company ACME aims to set up in the Special Economic Zone at Duqm, Oman’s […]
Oil-Producing Oman Pledges 2% Emissions Reduction By 2030
Struggling to balance its budget as the coronavirus pandemic hits oil revenues, Oman is looking to diversify the economy and cut electricity subsidies. The oil-producing Gulf Sultanate of Oman has pledged to reduce its emissions 2% by 2030, in a 16-page updated climate plan submitted to the UN last week. While this is an improvement […]