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# Energy Oman Magazine

Energy Magazine Oman Official Website

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## Posts

- [Unlocking investment solutions for accelerating climate resilience and green economy](https://energyoman.net/unlocking-investment-solutions-for-accelerating-climate-resilience-and-green-economy) - Unlocking investment solutions for accelerating climate resilience and green economy Ibrahim Abdulrahim Al Zakwani AVP-Head of Sustainable Investments & ESGSohar InternationalThe Gulf stands at a strategic inflection point; abundant capital, deep energy expertise, and ambitious national visions combine with mounting climate risks and a global reallocation of capital toward sustainability. For financial institutions in the region,
- [Sohar Port and Freezone Charts a Decarbonised Future](https://energyoman.net/sohar-port-and-freezone-charts-a-decarbonised-future) - Sohar Port and Freezone Charts a Decarbonised Future LIONEL RABINFounder & Managing Director – HALTIQA Bridging Energies companyGreen Hydrogen Expert & Low-carbon investment adviserSohar Port and Freezone, Oman’s most advanced industrial hub and one of the Gulf’s fastest-growing ports, is moving decisively to align its expansion with the national net-zero agenda. In a wide-ranging conversation
- [Oman’s Energy Transition Roadmap to Net Zero 2050](https://energyoman.net/omans-energy-transition-roadmap-to-net-zero-2050) - Oman’s Energy Transition Roadmap to Net Zero 2050 The benefits of Oman’s energy transition go far beyond climate goals. It is a national opportunity — to create jobs, attract investment, improve public health, and protect the environment while securing a stable and prosperous future for all Omanis.Eng. Mohamed Amur Al-ShidhaniChemical Engineer (Exploration & Development)Stratum ReservoirDr.
- [Oman: The Emerging Global Hub for Sustainable Biofuels](https://energyoman.net/oman-the-emerging-global-hub-for-sustainable-biofuels) - Oman: The Emerging Global Hub for Sustainable Biofuels Strategically located at the crossroads of vital maritime routes, Oman is uniquely positioned to lead the global transition toward renewable energy solutions through the Sustainable Nopal Cactus Biofuel Initiative (SNCBI).Harith Al LamkiCEO – Green Energy Technology LLC OmanTriton Hydrogen Corporation (THC), in collaboration with Green Energy Technology
- [Oman’s Hydrogen Horizon: Linking Local Industry to Global Decarbonization](https://energyoman.net/omans-hydrogen-horizon-linking-local-industry-to-global-decarbonization) - Oman’s Hydrogen Horizon: Linking Local Industry to Global Decarbonization By linking domestic renewable energy capacity with industrial-scale production and export corridors, Oman is building a framework to transform its hydrogen ambitions into a sustainable and globally relevant industry.Dr John CalabreseThe United Nations-affiliated Intergovernmental Panel on Climate Change Sixth Assessment report “Mitigation of Climate Change” calls urgently
- [Oman’s Green Gambit: How Hydrofuel Is Forging a New Energy Legacy](https://energyoman.net/omans-green-gambit-how-hydrofuel-is-forging-a-new-energy-legacy-3) - Oman’s Green Gambit: How Hydrofuel Is Forging a New Energy Legacy For decades, Oman’s energy story has been written in the language of oil and gas. These resources built the nation, powered its development, and connected it to global markets. Today, however, a new chapter is taking shape—one led not by black gold, but by
- [Certification of Green Hydrogen: A Blueprint for Trust, Trade, and Transformation](https://energyoman.net/certification-of-green-hydrogen-a-blueprint-for-trust-trade-and-transformation-2) - Certification of Green Hydrogen: A Blueprint for Trust, Trade, and Transformation Hydrogen certification is not merely a regulatory obligation; it is the foundation upon which the green hydrogen economy will function.Eng. Ruwaida Mohamed Al HinaiGraduate Renewable Energy EngineerAs Oman’s giga-scale export vision rises to prominence as a strategic player in the global green hydrogen race,
- [From Labs to Landscape: Localizing Innovation in Oman’s Energy Transition](https://energyoman.net/from-labs-to-landscape-localizing-innovation-in-omans-energy-transition) - From Labs to Landscape: Localizing Innovation in Oman’s Energy TransitionDr. Eng. Maryam Al Lawati Deputy Director – EJAAD Ministry of Higher Education, Research & Innovation Setting the Scene: How Research and Development and Innovation (RDI) is Shaping Oman’s Green Energy LandscapeResearch, Development, and Innovation (RDI) form a driving force of any nation’s growth and progress. Building
- [Sustainability Through Digitalization: Unleashing ESG Potential in Oman’s Energy Sector](https://energyoman.net/sustainability-through-digitalization-unleashing-esg-potential-in-omans-energy-sector) - Sustainability Through Digitalization: Unleashing ESG Potential in Oman’s Energy Sector This study explores how digital transformation and ESG practices can strengthen the sustainability performance of Oman’s energy sector, a cornerstone of the national economy now under rising pressure to meet evolving sustainability standards.Dr. Mohd Abass BhatKhulood Said Al-NamaniAlshaima Younis AlharrasiSara Moosa Al-LawatiMaroa Khalfan Al-HajriAs Oman
- [What Does the COP29 Finance Agreement Mean for the Gulf Countries?](https://energyoman.net/what-does-the-cop29-finance-agreement-mean-for-the-gulf-countries-2) - What Does the COP29 Finance Agreement Mean for the Gulf Countries? The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Baku in November 2024 and dubbed the “Finance COP,” established a new Collective Quantified Goal on Climate Finance (NCQG). The agreement replaces the outdated 2009
- [Oman is central to our global decarbonization mission: ACME Group](https://energyoman.net/oman-is-central-to-our-global-decarbonization-mission-acme-group) - Oman is central to our global decarbonization mission: ACME Group “Oman represents far more than a project location for us — it is a strategic pillar in ACME’s global mission to drive large-scale decarbonization,” says Gursharan Jassal, Country Manager – Oman at ACME Group, India. In this exclusive Q&A with Energy Oman, Jassal highlights the
- [Accelerating Oman’s Electric Mobility Transition with a National EV Charging Map](https://energyoman.net/accelerating-omans-electric-mobility-transition-with-a-national-ev-charging-map-2) - Accelerating Oman’s Electric Mobility Transition with a National EV Charging MapMohamed Al MujainiEVO Board Member How Hydrogen Infrastructure is Positioning Oman in the Global Energy EconomyDr. Muhammad Abdul QyyumPetroleum and Chemical Engineering, Sultan Qaboos UniversityOman is emerging as one of the most forward-looking nations in the global hydrogen transition. Through coherent policies, strategic foresight, and
- [How Hydrogen Infrastructure is Positioning Oman in the Global Energy Economy](https://energyoman.net/how-hydrogen-infrastructure-is-positioning-oman-in-the-global-energy-economy) - Accelerating Oman’s Electric Mobility Transition with a National EV Charging MapMohamed Al MujainiEVO Board Member How Hydrogen Infrastructure is Positioning Oman in the Global Energy EconomyDr. Muhammad Abdul QyyumPetroleum and Chemical Engineering, Sultan Qaboos UniversityOman is emerging as one of the most forward-looking nations in the global hydrogen transition. Through coherent policies, strategic foresight, and
- [Certification of Green Hydrogen: A Blueprint for Trust, Trade, and Transformation](https://energyoman.net/certification-of-green-hydrogen-a-blueprint-for-trust-trade-and-transformation) - Certification of Green Hydrogen: A Blueprint for Trust, Trade, and TransformationHydrogen certification is not merely a regulatory obligation; it is the foundation upon which the green hydrogen economy will function.Eng. Ruwaida Mohamed Al HinaiGraduate Renewable Energy EngineerAs Oman’s giga-scale export vision rises to prominence as a strategic player in the global green hydrogen race, attention
- [Oman’s Green Gambit: How Hydrofuel Is Forging a New Energy Legacy](https://energyoman.net/omans-green-gambit-how-hydrofuel-is-forging-a-new-energy-legacy-2) - Oman’s Green Gambit: How Hydrofuel Is Forging a New Energy LegacyFor decades, Oman’s energy story has been written in the language of oil and gas. These resources built the nation, powered its development, and connected it to global markets. Today, however, a new chapter is taking shape—one led not by black gold, but by a
- [What Does the COP29 Finance Agreement Mean for the Gulf Countries?](https://energyoman.net/what-does-the-cop29-finance-agreement-mean-for-the-gulf-countries) - What Does the COP29 Finance Agreement Mean for the Gulf Countries?The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Baku in November 2024 and dubbed the “Finance COP,” established a new Collective Quantified Goal on Climate Finance (NCQG). The agreement replaces the outdated 2009 pledge
- [Oman Hydrogen Centre: Building the Foundations of a Hydrogen Economy](https://energyoman.net/omans-green-gambit-how-hydrofuel-is-forging-a-new-energy-legacy) - Oman Hydrogen Centre: Building the Foundations of a Hydrogen EconomyMuscat: A Letter of Intent (LoI) was signed between Birba Energy Services and the Oman Hydrogen Centre (OHC) at the German University of Technology in Oman (GUtech), marking a significant step toward closer collaboration in research, training, capacity building, business development, and knowledge exchange within the
- [China’s Arctech to supply solar trackers for Oman’s green ammonia project](https://energyoman.net/asyad-shipping-acquires-two-new-crude-oil-tankers) - China’s Arctech to supply solar trackers for Oman’s green ammonia projectMUSCAT: India’s integrated energy group ACME says it has signed a contract with Arctech, a global Chinese-based leader in solar tracking solutions, to supply 175 MWp of solar trackers for its 300 MTPD (metric tonnes per day) Green Ammonia Project in Duqm.Arctech will deploy its Signature 1P Single Axis
- [ADNOC Drilling acquires 70% stake in rigs JV with SLB for $112m](https://energyoman.net/adnoc-drilling-acquires-70-stake-in-rigs-jv-with-slb-for-112m) - ADNOC Drilling acquires 70% stake in rigs JV with SLB for $112mMUSCAT: ADNOC Drilling has agreed to purchase a 70% share in SLB’s onshore drilling operations in Oman and Kuwait, establishing a joint venture valued at up to $112 million. This strategic move, anticipated to conclude in the first quarter of 2026, will grant ADNOC
- [Ras Markaz terminal exports 17 million tonnes of petroleum derivatives](https://energyoman.net/ras-markaz-terminal-exports-17-million-tonnes-of-petroleum-derivatives) - Ras Markaz terminal exports 17 million tonnes of petroleum derivativesMUSCAT: Oman Tank Terminal Company (OTTCO) has successfully handled 491 vessels through its Ras Markaz terminal in the Special Economic Zone at Duqm (SEZD) since its launch in 2023 until the end of April 2025. OTTCO imported more than 950 million barrels of crude oil and
- [PDO offers high-potential oil acreage for investment in Oman](https://energyoman.net/pdo-offers-high-potential-oil-acreage-for-investment-in-oman) - PDO offers high-potential oil acreage for investment in OmanMUSCAT: In a significant development, Petroleum Development Oman (PDO) – the largest producer of oil and gas in the Sultanate of Oman – has invited Expressions of Interest (EoIs) from local and international operators in the development of a potentially hydrocarbon-rich field within its sprawling Block 6
- [Oman’s small-scale solar sector projected to reach 130 MW by year-end](https://energyoman.net/omans-small-scale-solar-sector-projected-to-reach-130-mw-by-year-end) - Oman’s small-scale solar sector projected to reach 130 MW by year-endMUSCAT: A significant uptick in small and medium-sized solar PV investments is set to boost the aggregate generation capacity of these installations to around 130 MW by the end of 2025, up from 92.5 MW at the end of last year.According to Nama Electricity Distribution
- [Oman to set up new state-owned firm to manage mineral resources and exports](https://energyoman.net/oman-to-set-up-new-state-owned-firm-to-manage-mineral-resources-and-exports) - Oman to set up new state-owned firm to manage mineral resources and exportsMuscat – Oman’s Ministry of Energy and Minerals on Tuesday issued a decision to establish a national company named the Oman Minerals Trading Company (OMTC). The company aims to regulate the marketing and export of minerals within the sultanate and enhance the local added value
- [Oman secures RO 11.5 billion investment through Block 53 concession extension](https://energyoman.net/oman-secures-ro-11-5-billion-investment-through-block-53-concession-extension) - Oman secures RO 11.5 billion investment through Block 53 concession extensionMSCAT: The Ministry of Energy and Minerals has signed an agreement to extend the Block 53 Exploration and Production Sharing Agreement (EPSA) for Occidental Mukhaizna and its partners, securing operations until 2050.Under the amended agreement, the concession has been extended to 2050, facilitating an estimated
- [OETC successfully completes full repayment of $1bn 'Lamar' bonds](https://energyoman.net/oetc-successfully-completes-full-repayment-of-1bn-lamar-bonds) - OETC successfully completes full repayment of $1bn ‘Lamar’ bondsMuscat: Oman Electricity Transmission Company (OETC), a member of the Nama Group, has announced the full repayment of its $1 billion “Lamar” bonds, which were issued in 2015 to finance strategic infrastructure projects in the electricity transmission sector across the Sultanate of Oman.This milestone marks a pivotal moment
- [Nama announces RO1bn transition to renewable energy, smart grid](https://energyoman.net/nama-announces-ro1bn-transition-to-renewable-energy-smart-grid) - Nama announces RO1bn transition to renewable energy, smart gridMuscat – Oman’s electricity sector is undergoing a major transformation with Nama Group announcing renewable energy projects and digital upgrades aimed at reducing emissions, improving efficiency and enhancing grid reliability.At its annual media briefing on Tuesday, senior officials announced that over RO1bn will be invested in expanding clean
- [Vale signs pact with OQAE to advance decarbonization of Oman operations](https://energyoman.net/vale-signs-pact-with-oqae-to-advance-decarbonization-of-oman-operations) - Vale signs pact with OQAE to advance decarbonization of Oman operationsMUSCAT: As part of its strategy to decarbonize its operations in Oman and transition its industrial energy use to renewable sources, Vale in Oman has signed a Head of Agreement (HOA) with OQ Alternative Energy (OQAE) during Oman Sustainability Week. The agreement establishes a framework
- [PDO signs 14 agreements to fund social investment projects](https://energyoman.net/pdo-signs-14-agreements-to-fund-social-investment-projects) - PDO signs 14 agreements to fund social investment projectsMUSCAT: Petroleum Development Oman (PDO) has signed 14 agreements to finance a number of social investment projects, with a total value of approximately RO 4.4 million.The signings took place on the sidelines of Oman Sustainability Week and the Oman Petroleum & Energy Show 2025, currently being held
- [OQ signs $2 billion worth strategic deals](https://energyoman.net/oq-signs-2-billion-worth-strategic-deals) - OQ signs $2 billion worth strategic dealsMUSCAT: Oman’s state energy company OQ announced the full notice to proceed (NTP) on the engineering, procurement, and construction (EPC) contract for three renewable energy projects with a combined capacity of 300 megawatts (MW).The go-ahead forms part of 13 agreements worth more than $2 billion announced by OQ at
- [Oman, Switzerland discuss cooperation in clean energy](https://energyoman.net/oman-switzerland-discuss-cooperation-in-clean-energy) - Oman, Switzerland discuss cooperation in clean energyMUSCAT: Seventeen Swiss government and private sector companies participated in Oman Sustainability Week 2025, highlighting their commitment to advancing clean energy and sustainability in the region.To mark the occasion, the Embassy of Switzerland in Oman and Switzerland Global Enterprise hosted a dinner reception on Monday, bringing together key stakeholders
- [Oman to advance key power and water schemes in 2025](https://energyoman.net/oman-to-advance-key-power-and-water-schemes-in-2025) - Oman to advance key power and water schemes in 2025MUSCAT: Beyond its commitment to procuring new renewables-based capacity in line with nationally-mandated targets, Nama Power and Water Procurement Company (PWP) – the sole procurer of capacity and offtaker of output – is embarking on a number of initiatives during 2025, aimed as reinforcing the security,
- [Oman Net Zero Centre launched](https://energyoman.net/oman-net-zero-centre-launched) - Oman Net Zero Centre launchedThe Oman Net Zero Centre, which operates under the Ministry of Energy and Minerals, was launched against the backdrop of the Oman Sustainability Week (OSW) 2025 forum. The Centre focuses on several key areas, particularly the preparation and continuous updating of the national plan to achieve net-zero emissions. It also oversees
- [Oman LNG signs LNG optimization pact with Vitol Asia](https://energyoman.net/oman-lng-signs-lng-optimization-pact-with-vitol-asia) - Oman LNG signs LNG optimization pact with Vitol AsiaMUSCAT: Under the auspices of HE Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, Oman LNG signed an agreement with Vitol Asia Pte. Ltd to optimize Oman LNG’s LNG supply portfolio, marking another significant step in strengthening its global partnerships.The agreement, commencing in 2026,
- [Contracts inked for Oman’s largest copper concentrate project in Yanqul](https://energyoman.net/contracts-inked-for-omans-largest-copper-concentrate-project-in-yanqul) - Contracts inked for Oman’s largest copper concentrate project in YanqulMUSCAT: Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), has successfully secured OMR 104 million ($270 million) in strategic financing from leading local and regional banks. In parallel, the company signed a number of construction and service contracts with local contractors to commence the development
- [Jindal Renewables and OQ Alternative Energy sign JDA](https://energyoman.net/jindal-renewables-and-oq-alternative-energy-sign-jda) - Jindal Renewables and OQ Alternative Energy sign JDA In a landmark move to accelerate Oman’s transition to clean energy, Jindal Renewables, part of the $25bn India-based Jindal Group, and OQ Alternative Energy (OQAE), the Sultanate’s designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable
- [ACME Oman signs pacts for Phase 2 and 3 of green ammonia project](https://energyoman.net/acme-oman-signs-pacts-for-phase-2-and-3-of-green-ammonia-project) - ACME Oman signs pacts for Phase 2 and 3 of green ammonia projectMUSCAT: Hydrogen Oman (Hydrom), the Public Authority for Special Economic Zones and Free Zones (OPAZ) and Indian-based global energy giant ACME Group signed project development and land usufruct agreements for the second and third phases of the ACME green hydrogen and green ammonia
- [7 bidders qualified for RO 880m Misfah and Duqm IPPs](https://energyoman.net/7-bidders-qualified-for-ro-880m-misfah-and-duqm-ipps) - 7 bidders qualified for RO 880m Misfah and Duqm IPPsMUSCAT: Nama Power and Water Procurement (PWP), the exclusive procurer of power and water in the Sultanate of Oman, has named seven qualified applicants to participate in a tender for the development of two major Independent Power Projects (IPPs) – Misfah IPP and Duqm IPP –
- [Oman LNG to fund landmark study on wave energy potential](https://energyoman.net/oman-lng-to-fund-landmark-study-on-wave-energy-potential) - Oman LNG to fund landmark study on wave energy potentialMUSCAT: Oman LNG, the operator of the Sultanate’s triple-train liquefied natural gas (LNG) plant at Sur, is funding a key study that aims to assess the feasibility of harnessing wave energy as a source of renewable power along the country’s coast.Titled, ‘The Potential of Wave Energy
- [Oman launches 3rd auction round for green hydrogen blocks](https://energyoman.net/oman-launches-3rd-auction-round-for-green-hydrogen-blocks) - Oman launches 3rd auction round for green hydrogen blocksMUSCAT: The Sultanate of Oman has launched its third green hydrogen auction round, marking a new chapter in its strategy to become a leading global hub for green hydrogen production and export. Designed and orchestrated by Hydrom, the third auction offers innovative and flexible opportunities for qualified
- [JA Solar Oman signs land lease pact for solar cell and module project](https://energyoman.net/ja-solar-oman-signs-land-lease-pact-for-solar-cell-and-module-project) - JA Solar Oman signs land lease pact for solar cell and module projectMUSCAT: On the sidelines of the Advantage Oman Forum, organized by Invest in Oman, SOHAR Port and Freezone reinforced its growing reputation as a strategic hub for sustainable investment by signing a land lease agreement with JA Solar OM (FZC) SPC, one of
- [Agreements signed for Liquid Hydrogen Corridor, partnership with Royal Vopak](https://energyoman.net/agreements-signed-for-liquid-hydrogen-corridor-partnership-with-royal-vopak) - Agreements signed for Liquid Hydrogen Corridor, partnership with Royal VopakAMSTERDAM: The Sultanate of Oman and the Kingdom of the Netherlands signed on April 15, 2025 three agreements: the first in the field of liquefied hydrogen, the second a partnership agreement to study the development of infrastructure for transporting hydrogen and carbon dioxide via pipelines, and
- [ACME Group receives $140m initial funding for Oman green ammonia project](https://energyoman.net/acme-group-receives-140m-initial-funding-for-oman-green-ammonia-project) - ACME Group receives $140m initial funding for Oman green ammonia projectDUQM: India’s ACME Group has announced that it has received $140 million as the first installment of the funding allocated for its Oman green hydrogen and green ammonia project, which amounts to $540 million. The project is currently being implemented in the Special Economic Zone
- [OPAZ, OQAE ink pact to drive energy efficiency in Oman’s industrial hubs](https://energyoman.net/opaz-oqae-ink-pact-to-drive-energy-efficiency-in-omans-industrial-hubs) - OPAZ, OQAE ink pact to drive energy efficiency in Oman’s industrial hubsMUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed on April 29, 2025, a Memorandum of Cooperation with OQ Alternative Energy (OQAE) to implement an Energy Excellence Programme. This initiative is part of efforts to reduce carbon emissions in economic
- [Oman’s Naqa Salt project set to be region’s largest industrial salt venture](https://energyoman.net/omans-naqa-salt-project-set-to-be-regions-largest-industrial-salt-venture) - Oman’s Naqa Salt project set to be region’s largest industrial salt ventureMUSCAT: Reinforcing its commitment to unlocking the full potential of Oman’s natural resources, Minerals Development Oman (MDO) has signed a strategic partnership agreement with Dev Salt to launch the Naqa Salt Project in Wilayat Mahout. The project is set to become the largest industrial
- [Oman’s 44.01 wins $1m XFACTOR award for innovative carbon removal solution](https://energyoman.net/omans-44-01-wins-1m-xfactor-award-for-innovative-carbon-removal-solution) - Oman’s 44.01 wins $1m XFACTOR award for innovative carbon removal solutionMUSCAT: Omani startup 44.01 was today announced as the winner of the Air category of the XPRIZE’s carbon removal competition and awarded a $1 million XFACTOR prize. 44.01’s project, based in Fujairah, UAE, uses Direct Air Capture technology to capture CO2 from the air, which
- [Oman to continue oil and gas production with cleaner approach](https://energyoman.net/oman-to-continue-oil-and-gas-production-with-cleaner-approach) - Oman to continue oil and gas production with cleaner approachMUSCAT: Oman’s Minister of Energy and Minerals, HE Eng Salim Nasser al Aufi, emphasized the Sultanate’s continued commitment to producing oil and gas as long as there is a global need for these resources, but with a key distinction: the nation will adopt cleaner, more sustainable
- [Oman plans 300 – 400km hydrogen pipeline by 2030](https://energyoman.net/oman-plans-300-400km-hydrogen-pipeline-by-2030) - Oman plans 300 – 400km hydrogen pipeline by 2030MUSCAT: OQ Gas Networks (OQGN), the sole owner and operator of Oman’s national gas transportation network, says it anticipates the development of hydrogen pipelines ranging in length from 300 – 400 kilometres by 2030, in conjunction with the growth of the country’s green hydrogen industry.Funding approval for
- [Oman, Netherlands explore cooperation in hydrogen ports](https://energyoman.net/oman-netherlands-explore-cooperation-in-hydrogen-ports) - Oman, Netherlands explore cooperation in hydrogen ports ROTTERDAM: HE Eng Saeed bin Hamoud Al Maawali, Minister of Transport, Communications and Information Technology, met with the Minister of Infrastructure and Water Resources Management of the Kingdom of the Netherlands, on the sidelines of the Sultanate of Oman’s participation in the World Hydrogen Summit 2024, currently being
- [PDO boosts In-Country Value with $2.5bn investment](https://energyoman.net/pdo-boosts-in-country-value-with-2-5bn-investment) - PDO boosts In-Country Value with $2.5bn investment MUSCAT – Petroleum Development Oman (PDO), the sultanate’s leading energy company, celebrated a significant milestone in its commitment to In-Country Value (ICV) during its biannual ICV Day on Wednesday. The event marked the 12th anniversary of the ICV programme and highlighted PDO’s impressive achievement of $2.5bn of retained
- [Oman takes part in Rotterdam Hydrogen Summit](https://energyoman.net/oman-takes-part-in-rotterdam-hydrogen-summit) - Oman takes part in World Hydrogen Summit 2024 ROTTERDAM: The Sultanate of Oman participated in the World Hydrogen Summit 2024, held in Rotterdam, Netherlands from 13-15 May, by showcasing its bold vision to become one of the largest exporters of low-carbon hydrogen by 2030. The World Hydrogen Summit in Rotterdam is the largest and most
- [Oman launches strategic study on energy mix, storage options](https://energyoman.net/oman-launches-strategic-study-on-energy-mix-storage-options) - Oman launches strategic study on energy mix, storage options MUSCAT: Nama Power and Water Procurement Company (PWP), the single buyer of output from power generation and water desalination projects in the Sultanate of Oman, is making headway in the implementation of a strategic study aimed at achieving an ideal mix of energy resources to sustain
- [Oman eyes status as global hydrogen capital - OIA President](https://energyoman.net/oman-eyes-status-as-global-hydrogen-capital-oia-president) - Oman eyes status as global hydrogen capital: OIA President MUSCAT: Oman’s nascent green hydrogen industry, underpinned by as many as eight mega-scale projects to date, has the potential to position the country as the global epicenter of clean energy production and export, according to the head of Oman Investment Authority (OIA), a pivotal player in
- [GS Inima and Nama PWP sign agreement for Ghubrah III desalination](https://energyoman.net/gs-inima-and-nama-pwp-sign-agreement-for-ghubrah-iii-desalination) - GS Inima and Nama PWP sign agreement for Ghubrah III desalination MUSCAT: Under the patronage of Dr. Saud bin Hamoud Al-Habsi, Minister of Agriculture, Fisheries, and Water Resources, an agreement was signed between Nama Power and Water Company and the CDCo, for the third phase project of the Ghubrah desalination plant, the largest plant and
- [Air Liquide extends partnership with OQ](https://energyoman.net/air-liquide-extends-partnership-with-oq) - MUSCAT: Air Liquide Sohar Industrial Gases (ALSIG), the subsidiary of the Air Liquide Group in Oman, has renewed its long-term contract for the supply of nitrogen to global integrated energy company OQ in the country. This new step in their collaboration demonstrates the trust both companies have built over the years. ALSIG was established in
- [OCEC taps TotalEnergies for solar power](https://energyoman.net/ocec-taps-totalenergies-for-solar-power) - MUSCAT: The Oman Convention and Exhibition Centre (OCEC) has officially signed an agreement with TotalEnergies Renewables Distributed Generation Middle East & Africa (DG MEA), a wholly owned affiliate of TotalEnergies, to develop a rooftop solar photovoltaic project that will enable OCEC to become Oman’s premier green venue. The 4.6 megawatt-peak (MWp) solar rooftop is expected
- [Launch of Green Energy Oman project eyed in early 2030s](https://energyoman.net/launch-of-green-energy-oman-project-eyed-in-early-2030s) - MUSCAT: Green Energy Oman (GEO), one of the biggest green hydrogen projects planned for implementation in the Sultanate of Oman, is slated to come on stream sometime in the early part of the next decade, according to energy supermajor Shell. GEO, backed by a multinational consortium with Shell as its lead operating partner, is among
- [Foundation stone laid for polysilicon project at Sohar Freezone](https://energyoman.net/foundation-stone-laid-for-polysilicon-project-at-sohar-freezone) - SOHAR: United Solar Holding Inc. celebrated on 11 March 2023 the laying of the foundation stone for its pioneering polysilicon factory project in Sohar Port and Freezone. This landmark project, representing an investment exceeding RO 520 million ($1.3 billion), is poised to have a production capacity of 100,000 tons annually. The ceremony was held under
- [Resource assessment underway at Hydrogen Duqm project site](https://energyoman.net/resource-assessment-underway-at-hydrogen-duqm-project-site) - MUSCAT: An evaluation of solar and wind resources – a critical first step in the development of any green hydrogen project – is currently underway in Block Z1-02 allotted to Hydrogen Duqm LLC in the Wilayat of Duqm, according to a high-level official associated with the project. Christophe Comte, Senior Business Development (Hydrogen) at global
- [Oman Sustainability Centre to roll out carbon market, GHG monitoring platform](https://energyoman.net/oman-sustainability-centre-to-roll-out-carbon-market-ghg-monitoring-platform) - Oman Sustainability Centre to roll out carbon market, GHG monitoring platform OSC Project Director Khalid Salim al Ghammari said the initiatives are part of the Centre’s broad mandate to support Oman transition into a Net Zero economy by 2050. Participating in a panel discussion hosted by the Oman-French Association (OFA) recently, Al Ghammari said the
- [Oman on track to secure 30% of energy needs from renewables by 2030](https://energyoman.net/oman-on-track-to-secure-30-of-energy-needs-from-renewables-by-2030) - MUSCAT: HE Salim bin Nasser al Aufi (pictured), Minister of Energy and Minerals, has confirmed that Oman is on track to produce no less than 30% of electricity from renewable sources by 2030. In a statement to Oman News Agency, he said that efforts are underway in the oil and gas sectors to halt routine
- [Oman LNG seeks to produce synthetic methane to reduce carbon emissions](https://energyoman.net/oman-lng-seeks-to-produce-synthetic-methane-to-reduce-carbon-emissions) - MUSCAT: Oman LNG is intensifying its efforts towards finding the best mechanisms and ways to reduce carbon emissions. By concluding strategic partnerships with various international companies in the fields of innovation, sustainability, searching for alternative sources of energy, and reducing their carbon footprint. The company seeks to exploit opportunities for synthetic methane production to reduce
- [Oman LNG forges strategic partnership with Japanese firms](https://energyoman.net/oman-lng-forges-strategic-partnership-with-japanese-firms) - MUSCAT: Oman LNG announced on Monday the signing of a crucial Memorandum of Understanding (MOU) with Hitachi Zosen Corporation (Hitz) and Hitachi Zosen Inova AG (HZI). The MOU comes as a significant milestone reaffirming Oman LNG’s commitment to innovation and sustainability, seeking cutting-edge decarbonisation solutions through co-operating in the field of methanation. HE Eng Salim
- [Oman initiates competitive process for 5 new Wind IPPs](https://energyoman.net/oman-initiates-competitive-process-for-5-new-wind-ipps) - MUSCAT: In alignment with Oman Vision 2040 and Oman’s commitment to achieve Net Zero by 2050, Nama Power and Water Procurement (PWP), the exclusive procurer of power is set to announce the initiation of the Request for Qualification (RFQ) for five new Wind Independent Power Projects (Wind IPPs Projects). This marks a significant milestone in
- [Oman affirms support for UN Convention on Climate Change](https://energyoman.net/oman-affirms-support-for-un-convention-on-climate-change) - Oman said it is making tireless efforts to meet the challenges of climate change as it affirmed its commitment to the United Nations Framework Convention on Climate Change and the 2015 Paris Agreement.In a speech at the 55th session of the UN Human Rights Council, Ambassador Idris bin Abdul Rahman Alkhanjari, Oman’s Permanent Representative to
- [$9 bn OQ8 project spearheads industrial diversification in Oman](https://energyoman.net/driving-energy-transition-security-and-decarbonisation-egypt-energy-show-egypes-2024) - MUSCAT: OQ8, located in the Al Wusta Governorate, has been recognised as the largest investment project between the Sultanate of Oman and the State of Kuwait.This monumental project is a collaborative effort between OQ Group – a global integrated energy conglomerate – and Kuwait Petroleum International, marking it as one of the standout industrial ventures
- [DME posts strong growth in trading volumes in 2023](https://energyoman.net/dme-posts-strong-growth-in-trading-volumes-in-2023) - MUSCAT: Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, recorded an impressive increase in total volume and physical delivery in 2023 compared to last year, cementing its position as the main crude oil benchmark in the East of Suez market. DME’s front-month trading volume in 2023 surged to 800
- [Ras Markaz Terminal receives over 22 crude oil shipments](https://energyoman.net/ras-markaz-terminal-receives-over-22-crude-oil-shipments) - DUQM: The oil storage terminal at Ras Markaz in the Wilayat of Duqm, managed by Oman Tank Terminal Company (OTTCO), is a vital project that targets the storage of all types of crude oil in large quantities outside the Strait of Hormuz. This allows international companies to store their oil at the terminal for any
- [Oman’s power demand growth to average 3% annually through 2026: IEA](https://energyoman.net/omans-power-demand-growth-to-average-3-annually-through-2026-iea) - DUQM: The oil storage terminal at Ras Markaz in the Wilayat of Duqm, managed by Oman Tank Terminal Company (OTTCO), is a vital project that targets the storage of all types of crude oil in large quantities outside the Strait of Hormuz. This allows international companies to store their oil at the terminal for any
- [Saudi Tadawul acquires strategic stake in DME which is rebranded as Gulf Mercantile Exchange](https://energyoman.net/saudi-tadawul-acquires-strategic-stake-in-dme-which-is-rebranded-as-gulf-mercantile-exchange) - DUBAI: Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the MENA region, has entered into a binding agreement with existing shareholders of DME Holdings Limited to acquire a 32.6% stake in Dubai Mercantile Exchange (DME), one of the leading international commodities exchanges (the Agreement). As a result, Saudi Tadawul Group
- [Amnah commits hydrogen to Oman’s green steel industry](https://energyoman.net/amnah-commits-hydrogen-to-omans-green-steel-industry) - MUSCAT: Amnah, the multinational consortium that won Oman’s first land block under the international auction system for green hydrogen development, says it is earmarking its renewable hydrogen output from its multibillion dollar investment in Duqm for the production of green steel in the Sultanate of Oman.This strategic commitment towards the localized utilisation of green hydrogen
- [Asyad Group charts sustainable future for Oman's mobility sector](https://energyoman.net/asyad-group-charts-sustainable-future-for-omans-mobility-sector) - MUSCAT: Asyad Group, Oman’s global integrated logistics provider, marked a successful conclusion to its participation in the 3rd Green Hydrogen Summit Oman (GHSO) 2023. The summit served as a critical juncture for the Group to accentuate its dedication to propelling Oman into the forefront as a premier hydrogen hub within the Gulf region.Central to the
- [Oman targets 22,000 electric vehicles by 2030](https://energyoman.net/oman-targets-22000-electric-vehicles-by-2030) - MUSCAT: A comprehensive strategy for the decarbonization of Oman’s transport sector targets, among other things, the introduction of an estimated 22,000 electric vehicles by 2030, up from a few hundred presently.According to Eng Said Hamood al Maawali, Minister of Transport, Communications and Information Technology, a combination of technological advancements and efficient charging infrastructure will help
- [OQ elevates hydrogen leadership at MENA's largest GHSO event](https://energyoman.net/oq-elevates-hydrogen-leadership-at-menas-largest-ghso-event) - MUSCAT: Oman’s OQ, the global integrated energy group, took center stage at the Green Hydrogen Summit Oman 2023 (GHSO), a vital platform aligning seamlessly with the group’s Alternative Energy (AE) strategic business unit. This unit stands as the linchpin of OQ’s energy transition endeavors, playing a pivotal role in achieving national objectives. As the host
- [Plans afoot for electric car manufacturing in Duqm SEZ](https://energyoman.net/plans-afoot-for-electric-car-manufacturing-in-duqm-sez) - MUSCAT: More than 400 electric vehicles (EV) are currently in operation in the Sultanate of Oman with authorities weighing new procedures to facilitate direct EV imports international manufacturers, according to a top official of the Ministry of Transport, Communications and Information Technology. Eng Khamis bin Mohammed al Shamakhi, Under-Secretary for Transport, said a number of
- [OQGN inks pact for hydrogen, CO2 infra projects in Oman](https://energyoman.net/oqgn-inks-pact-for-hydrogen-co2-infra-projects-in-oman) - MUSCAT: Building on its vision to support the development of low-carbon energy infrastructure in the Sultanate of Oman, OQ Gas Networks (OQGN) – the newly listed gas transportation company – has announced the signing of a Memorandum of Understanding (MoU) with Belgian-based energy infrastructure group Fluxys to explore cooperation in the establishment of hydrogen and
- [Oman to participate in COP28 in UAE](https://energyoman.net/oman-to-participate-in-cop28-in-uae) - MUSCAT: The Sultanate of Oman will participate in the deliberations of the World Climate Action Summit and 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, the Kyoto Protocol, and the Paris Agreement on Climate Change due to take place in Dubai from 30 November to 12
- [KCA Deutag showcases first Omani-built rig for PDO](https://energyoman.net/kca-deutag-showcases-first-omani-built-rig-for-pdo) - MUSCAT: KCA Deutag, a leading drilling, engineering and technology partner, unveiled the first locally made rig in Oman at a ceremony held on 29 October 2023 for Petroleum Development Oman (PDO), Oman’s leading exploration and production company. The rig is the first of four highly automated rigs being designed and constructed by KCA Deutag’s Kenera
- [HSE guidelines issued for Oman's minerals sector](https://energyoman.net/hse-guidelines-issued-for-omans-minerals-sector) - MUSCAT: The Ministry of Energy and Minerals (MEM) recently unveiled a comprehensive guide on Occupational Health, Safety, and Environment (HSE) standards for Oman’s minerals sector. The launch event, held under the auspices of HE Mohsin bin Hamad al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, gathered various stakeholders, including representatives from government entities,
- [TotalEnergies extends partnership with Oman LNG](https://energyoman.net/totalenergies-extends-partnership-with-oman-lng) - MUSCAT: TotalEnergies, a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced the signing of an agreement to extend its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture located on the northeast coast of Oman.Under this agreement, TotalEnergies,
- [Vale showcases vision to pioneer Oman’s green steel future](https://energyoman.net/vale-showcases-vision-to-pioneer-omans-green-steel-future) - MUSCAT: Under the patronage of His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, Vale SA, the world’s largest producer of iron ore and nickel and one of the largest logistics operators in Brazil, participated in the Duqm Economic Forum showcasing its ambitious plans to pioneer Oman’s green steel future.Mr.
- [Omani startup plans $630m worth green aviation fuel projects](https://energyoman.net/omani-startup-plans-630m-worth-green-aviation-fuel-projects) - MUSCAT: Having successfully established Oman’s first commercial-scale biodiesel plant utilizing used cooking oil (UCO) as feedstock, Omani startup Wakud is now embarking on the development of two major bio-refineries for the production of sustainable aviation fuel (SAF). Total investment in the proposed projects, planned to be established at Sohar Port and Salalah Port, is estimated
- [Oman’s Environment Authority signs contract for Blue Carbon project](https://energyoman.net/omans-environment-authority-signs-contract-for-blue-carbon-project) - MUSCAT: The Environment Authority has signed a contract with MSA Green Projects Company for the implementation of ‘Oman Blue Carbon’ – an initiative that calls for the planning of around 100 million mangrove trees across the Sultanate of Oman.The project is the first of its kind in Oman to utilize mangroves for carbon credits. It
- [Oman inks pact to develop green aviation fuel facility](https://energyoman.net/oman-inks-pact-to-develop-green-aviation-fuel-facility) - MUSCAT: The Civil Aviation Authority signed a memorandum of cooperation with OQ Group and SkyNRG, a sustainable aviation fuel solutions leader based in the Netherlands, aimed at studying the development of a sustainable aviation fuel (SAF) production facility in Oman. The memorandum will serve as the framework for the trio to leverage global expertise to
- [Oman seeks to become largest green hydrogen producer by 2030](https://energyoman.net/oman-inks-pact-to-develop-green-aviation-fuel-facility-2) - MUSCAT: The Sultanate of Oman is at the forefront of countries in using clean energy to produce electricity through its solar and wind power plants, so as to take advantage of available natural resources and preserve the environment at the same time. It is working on a strategy of orderly transition to zero neutrality, to
- [Oman completes I-REC registration of first wind power project](https://energyoman.net/oman-completes-i-rec-registration-of-first-wind-power-project) - MUSCAT: Nama Power and Water Procurement Company (Company), a member of Nama Group, has recently completed its registration with the International Renewable Energy Certificates (I-RECs) Standard for the 50-megawatt (MW) utility-scale wind power project located in Dhofar, the Sultanate of Oman. This is the first wind project to be registered in the GCC Countries against
- [MoUs for 5 green energy projects signed during 1st Duqm Forum](https://energyoman.net/mous-for-5-green-energy-projects-signed-during-1st-duqm-forum) - DUQM: His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, presided over the opening ceremony of the First Duqm Economic Forum, which began at the Special Economic Zone (SEZ) in Duqm.The two-day forum focused on the economic milieu and investment opportunities in the Sultanate of Oman in general and the
- [Duqm garners over $10 bn in investments from OQ, JV partners](https://energyoman.net/call-to-position-oman-strongly-in-green-aviation-fuel-market) - MUSCAT: Investments by Oman’s integrated global energy group OQ and its joint venture partners in Duqm Special Economic Zone amount to over $10 billion, underscoring the government’s efforts to drive economic diversification and attract foreign direct investments. Benefiting from these investments are the Duqm Refinery (a joint project of OQ and Kuwait Petroleum International), Marafiq
- [Call to position Oman strongly in green aviation fuel market](https://energyoman.net/oman-to-host-major-carbon-sequestration-project) - MUSCAT: The ‘Forum on Sustainable and Low-Carbon Aviation Fuel and Clean Energies in the Civil Aviation Sector’ concluded on Wednesday with delegates urging all stakeholders in the Sultanate of Oman to assess the full potential of developing a market for Sustainable Aviation Fuels (SAF) in Oman. The two-day forum, organised by the Civil Aviation Authority
- [Oman to host major carbon sequestration project](https://energyoman.net/oman-inks-deal-to-collaborate-with-us-firm-on-geologic-hydrogen-2) - MUSCAT: 44.01, an Oman-based developer of innovative carbon mineralization technologies, and Aircapture, a leading Direct Air Capture technology company, have joined forces on a Direct Air Capture (DAC) + Mineralization project in the Sultanate of Oman. The project, which will begin operations in Oman’s Hajar mountains in late 2024, significantly scales up the use of
- [Oman inks deal to collaborate with US firm on geologic hydrogen](https://energyoman.net/oman-inks-deal-to-collaborate-with-us-firm-on-geologic-hydrogen) - MUSCAT: In collaboration with the US Department of Energy, the Ministry of Energy and Minerals convened a technical workshop on Geologic Hydrogen. The workshop was attended by HE Eng. Mohsen bin Hamad Al-Hadrami, Undersecretary of the Ministry of Energy and Minerals, and Senior Advisor to the US Department of Energy, Dan Milstein, besides the attendance
- [Oman Electricity Market completes maiden year of successful operations](https://energyoman.net/key-study-sees-potential-for-expansion-of-omans-lng-capacity-2) - MUSCAT: The maiden annual report of the Oman Electricity Market (also known as the Spot Market) was issued here on Monday with officials characterizing the roll-out of this initiative – the first in the Middle East’s power sector – as “challenging” yet successful, on the whole.Yaqoob bin Saif al Kiyumi, Chief Executive Officer – Nama
- [Key study sees potential for expansion of Oman’s LNG capacity](https://energyoman.net/key-study-sees-potential-for-expansion-of-omans-lng-capacity) - MUSCAT: A key study commissioned by OQ Gas Networks (OQGN) – the wholly state-owned operator of the nation’s gas transportation system – has concluded that gas demand in the Sultanate of Oman is anticipated to remain stable over the next 20 years, with feedgas supply for LNG exports constituting an important source of this demand.The
- [Green Energy Oman consortium partner gets funding boost](https://energyoman.net/green-energy-oman-consortium-partner-gets-funding-boost) - MUSCAT: InterContinental Energy, an emerging giant among global green hydrogen developers, says it has secured funding support from two key investors – a development that bodes well for the implementation of its portfolio of mega projects, which includes the massive Green Energy Oman (GEO) venture planned in the Sultanate of Oman.The Singapore-based developer announced on
- [Duqm Refinery commercial operations by year-end](https://energyoman.net/duqm-refinery-commercial-operations-by-year-end) - MUSCAT: Duqm Refinery has completed its start-up processes and its operator OQ aims to begin commercial operations by year-end, Reuters said on Thursday, citing OQ officials.“Significant progress has been made in the project’s execution, with the start-up phase of the refinery now completed, marked by the production of high sulphur fuel oil (HSFO),” OQ said
- [Duqm to host Oman Shell’s blue hydrogen and ammonia project](https://energyoman.net/duqm-to-host-oman-shells-blue-hydrogen-and-ammonia-project) - MUSCAT: The Ministry of Energy Minerals (MEM) says it is extending every support to Oman Shell’s continuing studies into the technical and commercial viability of its proposed blue hydrogen and ammonia project.HE Salim bin Nasser al Aufi, Minister of Energy and Minerals, led a government team which met with Oman Shell’s Senior Vice President and
- [SPE Hydraulic Fracturing Technology expo opens in Muscat](https://energyoman.net/spe-hydraulic-fracturing-technology-expo-opens-in-muscat) - MUSCAT: The SPE International Hydraulic Fracturing Technology Conference and Exhibition, was held from 12–14 September at the Oman Convention and Exhibition Centre, under the auspices of the Ministry of Energy and Minerals, Sultanate of Oman and with the support of Exclusive Host, Petroleum Development Oman.The 3-day conference is focused on the theme Fracturing—Growth Engine for
- [Sembcorp Jinko Shine Co to develop Oman’s Manah II Solar project](https://energyoman.net/sembcorp-jinko-shine-co-to-develop-omans-manah-ii-solar-project) - MUSCAT: Sembcorp Jinko Shine Co SAOC, a newly established company registered in the Sultanate of Oman to develop and operate a new solar Independent Power Project in the Wilayat of Manah (dubbed Manah II Solar IPP), has secured approval for its share capital to be listed on the Third Market of Muscat Stock Exchange (MSX).Sembcorp
- [Saud Bahwan, Oman Shell sign contract for 16 Toyota Mirai Hydrogen vehicles](https://energyoman.net/saud-bahwan-oman-shell-sign-contract-for-16-toyota-mirai-hydrogen-vehicles) - MUSCAT: Saud Bahwan Automotive and Oman Shell have signed a contract for the purchase of 16 Toyota Mirai Hydrogen vehicles. The event was attended by Mr. Abdullah Mohamed Bahwan, Managing Director – Corporate, Saud Bahwan Group as well as Walid Hadi, Oman Shell’s Senior Vice President and Country Chairman, besides other Senior Management officials from
- [OQ Gas Networks IPO opens on Sep 26](https://energyoman.net/oq-gas-networks-ipo-opens-on-sep-26) - MUSCAT: OQ Gas Networks SAOG (under transformation) announced on Monday the price range and details of the subscription period for its initial public offering (IPO) on the MSX.The offering comprises of the sale of a total of 2,122,005,720 existing shares by OQ SAOC (OQ) directly and indirectly through Oman Energy Trading Company Limited (OETCL) and
- [Oman’s first green guarantee issued for solar project](https://energyoman.net/omans-first-green-guarantee-issued-for-solar-project) - MUSCAT: Standard Chartered has announced the issuance of its first-ever green guarantee for China Energy Engineering Shanxi Electric Power Engineering Company (CEEC- SEPEC) in Oman. This ground-breaking initiative underscores the Bank’s and CEEC- SEPEC’s commitment to sustainable finance and supporting renewable energy projects globally and regionally.The green guarantee provided by Standard Chartered is for a
- [Maha Energy gets extension for production testing of Oman Block 70](https://energyoman.net/maha-energy-gets-extension-for-production-testing-of-oman-block-70) - MUSCAT: In a significant boost for its bid to unlock the heavy oil potential of its Block 70 license in Central Oman, Swedish-based energy firm Maha Energy says it has been granted an extension by Oman’s Ministry of Energy and Minerals to undertake further activities that would help the company take a pivotal call on
- [Hydrom promotes Oman’s green hydrogen potential in Saudi Arabia](https://energyoman.net/hydrom-promotes-omans-green-hydrogen-potential-in-saudi-arabia) - RIYADH: Continuing its efforts to unlock the potential of the green hydrogen sector in Oman, Hydrogen Oman (Hydrom) conducted an in-person session in Riyadh on September 6, 2023. The event aimed to spotlight Hydrom’s vital role in the green hydrogen field and promote the Round 2 Public Auction of green hydrogen blocks in the Sultanate
- [EDO successfully completes its debut benchmark Sukuk](https://energyoman.net/edo-successfully-completes-its-debut-benchmark-sukuk) - MUSCAT: Energy Development Oman (EDO) SAOC has announced the successful completion of its inaugural benchmark Sukuk issuance of USD 1 billion. The offering was oversubscribed by more than five times, reflecting strong investor confidence in EDO as the national energy leader in the Sultanate of Oman.Investor participation was widespread and global, with over 175 orders
- [DME Oman trading volumes jump to 415m barrels in H1 2023](https://energyoman.net/dme-oman-trading-volumes-jump-to-415m-barrels-in-h1-2023) - MUSCAT: Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, has recorded an 18% increase year-on-year in physical deliveries, along with 15% increase in trading volumes, during the first half of 2023, compared to the same period last year.The DME Oman contract continued to attract a diverse range of participants
- [Construction begins at Oman’s Manah 1 Solar PV Plant](https://energyoman.net/construction-begins-at-omans-manah-1-solar-pv-plant) - MUSCAT: Leading French developer EDF Renewables and its consortium partner, Korea Western Power Co Ltd (KOWEPO), announced on Tuesday, September 12, 2023, the groundbreaking at site of their 500-megawatt (MW) Manah 1 Solar Photovoltaic (PV) Power Plant. The plant, which is located approximately 120 kilometers south from Muscat city, is setting a new benchmark for
- [Belgium’s Fluxys announces strategic partnership with OQ Gas Networks](https://energyoman.net/belgiums-fluxys-announces-strategic-partnership-with-oq-gas-networks) - MUSCAT: Leading Belgian based energy transportation specialist Fluxys has announced a strategic partnership with OQ Gas Networks (OQGN), the state-owned gas transporter of the Sultanate of Oman, which is set to launch an Initial Public Offering (IPO) later this month. The partnership follows an invitation to become an anchor investor in the coming IPO process
- [Asyad Group wins top award for Energy Transition](https://energyoman.net/study-evaluates-local-green-hydrogen-demand-potential-in-oman-2) - MUSCAT: Asyad Group, Oman’s leading global integrated logistics provider, has been named the recipient of the Energy Industries Council’s Survive & Thrive Awards 2023 in the Middle East, Africa & CIS region – Energy Transition & Sustainability category. The Survive & Thrive Awards recognise the exceptional contributions and innovations within the global energy supply chain.
- [Driving the future with  Oman’s greenest fuel](https://energyoman.net/driving-the-future-with-omans-greenest-fuel) - ‘Pioneering The Production Of Clean Fuel From Waste’ There’s no single silver bullet when it comes to decarbonization. Yet biodiesel provides a solution, its ease of use and the fact it can be blended with standard diesel makes it a good option for existing diesel engines Talal Hasan Wakud Co-Founder Wakud was a decade in
- [TechTalks: Shining a spotlight on the future](https://energyoman.net/techtalks-shining-a-spotlight-on-the-future) - Muscat SEPT 14 – Yesterday marked the launch of ‘TechTalks’. This new series by Birba, held its first session today Wednesday 13th September at Hormuz Grand Muscat. The session which focused on ‘Hydrogen Storage’ was organised in collaboration with Oman Hydrogen Centre and was attended by energy experts, academia and government. The objective behind these technical talks is to
- [Study evaluates local green hydrogen demand potential in Oman](https://energyoman.net/study-evaluates-local-green-hydrogen-demand-potential-in-oman) - Muscat: Energy analysts have confirmed that green hydrogen will contribute significantly to mitigating the effects of global climate change and shifting towards a sustainable green economy, instead of fossil fuels that are used in heavy industries. This will open up great potential for industrial development, especially in countries that enjoy abundant sources of renewable energy.Dr.
- [PDO oil production targeted at 659,000 bpd in 2023](https://energyoman.net/pdo-oil-production-targeted-at-659000-bpd-in-2023) - MUSCAT: Petroleum Development Oman (PDO), the biggest oil and gas producer of the Sultanate of Oman, is targeting production of 659,000 barrels per day (bpd) of oil and 90,500 bpd of condensates during 2023 – figures that roughly correspond to levels achieved in 2022.Oil production averaged 660,894 bpd in 2022, which was 8,894 bpd higher
- [PDO firms up plans for two wind farm projects in Oman](https://energyoman.net/pdo-firms-up-plans-for-two-wind-farm-projects-in-oman) - MUSCAT: Building on its pioneering and broad-based renewable energy development strategy, Petroleum Development Oman (PDO0, the biggest oil and gas producer in the Sultanate of Oman, has progressed plans for the development of a pair of wind power projects to support its transition into a low-carbon energy company.Also making headway is a separate initiative centring
- [Oman weighs second interconnect to boost power trades with GCC](https://energyoman.net/oman-weighs-second-interconnect-to-boost-power-trades-with-gcc) - MUSCAT: Oman’s electricity authorities are evaluating the benefits of implementing a new interconnect project that will link the main grid of the Sultanate of Oman with those of its Gulf Cooperation Council (GCC) member states via the GCC Interconnection Authority (GCCIA).When approved and eventually operationalized, the initiative will be the second such interconnect between Oman
- [OQ Gas Networks' IPO to be biggest in Oman](https://energyoman.net/oq-gas-networks-ipo-to-be-biggest-in-oman) - MUSCAT: The Capital Market Authority (CMA) is reviewing the prospectus for OQ Gas Networks Company, which is the largest share issuance in the Omani capital market, as approximately RO 212 million will be offered for public subscription, which represents 49 percent of the company’s capital.The Authority called on those intending to invest, whether citizens or
- [Oman LNG signs agreements to supply 1.55 million mtpa of LNG](https://energyoman.net/oman-lng-signs-agreements-to-supply-1-55-million-mtpa-of-lng) - MUSCAT: Oman LNG has announced the signing of two binding term sheet agreements to supply LNG to Shell International Trading Middle East FZE and OQ Trading.Per these agreements, Shell International Trading Middle East FZE will receive 0.8 million metric tonnes per annum (mtpa) of LNG from Oman LNG for 10 years starting from 2025, whereas
- [S. Korea, Oman agree to cooperate on carbon neutrality](https://energyoman.net/s-korea-oman-agree-to-cooperate-on-carbon-neutrality) - MUSCAT: The Sultanate of Oman and South Korea have agreed to cooperate in achieving carbon neutrality and revitalizing green industries.The memorandum of understanding on cooperation for green transformation was signed by South Korean Environment Minister Han Wha-jin and Oman’s Minister of Energy and Minerals Salim bin Nasser Al Aufi in Muscat on Sunday.South Korea firms
- [Making history with world's largest green steel plant](https://energyoman.net/making-history-with-worlds-largest-green-steel-plant) - MUSCAT: Oman is on the cusp of making history in the steel industry with the ambitious launch of Vulcan Green Steel in Duqm, a ground-breaking initiative by Jindal Steel Group. This project aligns with Oman’s commitment to reaching Net Zero Emissions by 2050 and positions the country as a trailblazer in green steel production.Scheduled for
- [Major international firms eager to buy Omani LNG](https://energyoman.net/investments-in-omans-green-hydrogen-common-use-infra-seen-at-5-bn-2) - MUSCAT: Oman LNG has succeeded in wooing new markets in the Middle East, East Asia and Europe to buy its LNG output starting from 2025, when it secures a renewal of its license to operate its 3-train liquefaction plant in the Wilayat of Sur.Hamad bin Mohammed al Naamany, CEO, commented: “The total number of binding
- [Investments in Oman’s green hydrogen common-use infra seen at $5 bn](https://energyoman.net/investments-in-omans-green-hydrogen-common-use-infra-seen-at-5-bn) - MUSCAT: Oman’s Minister of Energy and Minerals, Salim bin Nasser al Aufi, chaired a meeting on Tuesday of top officials overseeing the delivery of multi-billion dollar worth common-use infrastructure that will be serve as a lifeline for mega-scale green hydrogen projects slated for implementation in the Sultanate of Oman.Investments in the common utilities infrastructure are
- [PDO seeks takers for huge volumes of treated produced water in Oman](https://energyoman.net/pdo-seeks-takers-for-huge-volumes-of-treated-produced-water-in-oman) - MUSCAT: Petroleum Development Oman (PDO), the country’s biggest producer of oil and gas, is canvassing the market for potential investment interest in the utilisation of the massive volumes of ‘produced water’ that it generates daily as part of its oilfield operations.A byproduct of oil and gas production, produced water is naturally occurring water found in
- [Oman Shell weighs plan for solar power project at Khazaen](https://energyoman.net/oman-shell-weighs-plan-for-solar-power-project-at-khazaen) - MUSCAT: Oman Shell, the local subsidiary of global energy major Shell, is studying options for the establishment of a solar power project to supply renewable energy to Khazaen Economic City’s expanding portfolio of manufacturing, logistics and other commercial tenants.An agreement to this effect was signed last year, according to Salim al Thuhli, CEO of Khazaen
- [Oxy Oman puts high-rate well on production in Block 65](https://energyoman.net/oxy-oman-puts-high-rate-well-on-production-in-block-65) - MUSCAT: The Oman subsidiary of Occidental Petroleum produced 6,000 barrels of oil per day (boe/d) in a near-field exploration well production test in Block 65, the company said in its second-quarter 2023 earnings call.The well delivered the highest production test in Oman in the past decade and is now on production, the company said following
- [Oman LNG signs binding term-sheet pact with SEFE Europe](https://energyoman.net/oman-lng-signs-binding-term-sheet-pact-with-sefe-europe) - MUSCAT: Oman LNG has announced the signing of a binding term-sheet agreement with SEFE Secure Energy for Europe, (SEFE) to supply 0.4 million metric tonne per annum (mtpa) of LNG starting from 2026.The agreement comes to enhance the ever-growing partnership between Oman LNG and international energy firms, where SEFE has become the latest beneficiary of
- [NESR secures over $175 million in contracts](https://energyoman.net/nesr-secures-over-175-million-in-contracts) - DUBAI: National Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, today announced multiple contract awards spanning a number of service lines in key countries across both the GCC and North Africa. Some of these contracts extend up to a 5-year term.These
- [Mubadala Energy’s 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives](https://energyoman.net/sp-global-commodity-insights-launches-carbon-intensity-measures-for-oman-blend-me-crudes-3) - ABU DHABI: Mubadala Energy, the Abu Dhabi-based international energy company, has today released its latest Sustainability Report. In a pivotal year for the company in which it launched a new strategy focused on expanding its business in low-carbon solutions supporting the energy transition, and unveiled a new name and brand, the company recorded substantial progress
- [Launch of Duqm Refinery to boost Oman’s refining capacity to 500,000 bpd](https://energyoman.net/launch-of-duqm-refinery-to-boost-omans-refining-capacity-to-500000-bpd) - DUQM: The refinery project of Duqm Refinery and Petrochemical Industries (OQ8), currently nearing completion in the Special Economic Zone at Duqm (SEZAD), is set to boost the Sultanate of Oman’s aggregate refining capacity to around 500,000 barrels per day (bpd) of crude. Work on the project is now 98 per cent complete, with a trial run
- [ADNOC Gas awards $3.6 billion contract to expand its gas processing infrastructure](https://energyoman.net/adnoc-gas-awards-3-6-billion-contract-to-expand-its-gas-processing-infrastructure) - ABU DHABI ADNOC Gas plc, the world-class integrated gas processing company, has announced the award of a $3.6 billion (AED13.1 billion) contract to the joint venture between National Petroleum Construction Company Co. PJSC (NPCC) and Tecnicas Reunidas S.A. to expand its gas processing infrastructure in the UAE. The scope of the contract includes the commissioning
- [S&P Global Commodity Insights launches carbon intensity measures for Oman Blend, ME crudes](https://energyoman.net/sp-global-commodity-insights-launches-carbon-intensity-measures-for-oman-blend-me-crudes-2) - BUSINESS REPORTERMUSCAT: S&P Global Commodity Insights, the leading independent provider of information and benchmark prices for the commodity, energy and energy transition markets, has launched carbon intensity measures for seven Middle Eastern crude oil grades, including Dubai, Oman Blend, Al-Shaheen, Upper Zakum, and Murban – the five grades deliverable into the Platts Dubai benchmark –
- [Round 2 of hydrogen blocks to be awarded in Q1 2024: Hydrom](https://energyoman.net/round-2-of-hydrogen-blocks-to-be-awarded-in-q1-2024-hydrom) - MUSCAT: Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman (EDO), recently participated in the recent Green Hydrogen Conference and Exhibition – Europe 2023, held in Madrid, Spain.As part of its participation, Hydrom presented the ambitious vision and strategic plans of the Sultanate of Oman in fostering the growth of the green hydrogen industry, with
- [OQGN signs financing facilities worth USD 1.2 billion](https://energyoman.net/oqgn-signs-financing-facilities-worth-usd-1-2-billion) - MUSCAT: OQ Gas Networks (OQGN), the exclusive operator of the natural gas transportation network in Oman, has signed three complex financing agreements with local and regional banks for a total commitment of USD 1.2Bn.Together, this financing is considered one of the largest syndicates of Sharia-compliant financing in Oman, providing the company with access to capital
- [Oman well-placed to become synthetic LNG producer: Shell](https://energyoman.net/oman-well-placed-to-become-synthetic-lng-producer-shell) - MUSCAT: Energy major Shell sees the Sultanate of Oman to be ideally positioned to emerge as a producer and exporter of Synthetic LNG – a carbon-neutral alternative to natural gas with the same properties of fossil LNG. According to a top official of the energy giant’s Oman subsidiary, the presence of well-established gas networks, liquefaction
- [Oman VC fund invests in Energy Dome’s CO2 battery project](https://energyoman.net/oman-vc-fund-invests-in-energy-domes-co2-battery-project) - MUSCAT: IDO Investments, the venture capital arm of Oman Investment Authority (OIA), is among a number of international companies to have invested in Energy Dome, an Italian-based tech start-up behind the revolutionary CO2 Battery – an energy storage system that makes solar and wind power despatchable 24/7.A press statement released by Milan-headquartered Energy Dome on
- [Oman Oil Marketing Co expands footprint in Saudi Arabia](https://energyoman.net/oman-oil-marketing-co-expands-footprint-in-saudi-arabia) - MUSCAT: As part of its commitment to its regional expansion strategy, Oman Oil Marketing Company (OOMCO) plans to add 14 one-stop-shop service stations in the Kingdom of Saudi Arabia. Through this expansion, OOMCO will be operating a total of 26 service stations in the Kingdom by Q4 2023. As it continues to grow, OOMCO’s service
- [OAB appointed as lead arranger in $1.2bn syndicated loan for OQ Gas Networks](https://energyoman.net/oab-appointed-as-lead-arranger-in-1-2bn-syndicated-loan-for-oq-gas-networks) - MUSCAT: Oman Arab Bank (OAB) has been appointed as one of the lead arrangers for a $1.2 billion syndicated loan for OQ Gas Networks (OQGN), the exclusive operator of Oman’s gas transportation system. As the only Omani bank among the lead arrangers, along with a few select International and Regional banks, Oman Arab Bank demonstrated
- [Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives](https://energyoman.net/mubadala-energy-and-masdar-collaborate-on-decarbonization-and-energy-transition-initiatives) - ABU DHABI: Mubadala Energy, the Abu Dhabi-based international energy company and the Abu Dhabi Future Energy Company (Masdar) have entered into an agreement to explore and potentially engage in opportunities relating to decarbonization and energy transition initiatives.The partnership will see both companies jointly explore collaborations that leverage Mubadala Energy’s deep technical capabilities across its operated
- [UAE Energy Strategy: $54bn investment, 50,000 green jobs and transition to renewables](https://energyoman.net/uae-energy-strategy-54bn-investment-50000-green-jobs-and-transition-to-renewables) - ABU DHABI: The UAE has announced more details on national energy and hydrogen strategies, which will boost employment, economy and sustainability.Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has revealed details of the updated version of the UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy that were approved by
- [India’s ACME Group secures $500m loan for Phase 1 of Oman green hydrogen project](https://energyoman.net/indias-acme-group-secures-500m-loan-for-phase-1-of-oman-green-hydrogen-project) - MUSCAT: India-based renewable energy company ACME Group announced securing a Rs 4,000 crore (approx. $500 million) loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its Green Hydrogen and Green Ammonia project in the Sultanate of Oman.The loan will be utilized to commence the first phase of the
- [S&P Global Commodity Insights launches carbon intensity measures for Oman Blend, ME crudes](https://energyoman.net/sp-global-commodity-insights-launches-carbon-intensity-measures-for-oman-blend-me-crudes) - MUSCAT: S&P Global Commodity Insights, the leading independent provider of information and benchmark prices for the commodity, energy and energy transition markets, has launched carbon intensity measures for seven Middle Eastern crude oil grades, including Dubai, Oman Blend, Al-Shaheen, Upper Zakum, and Murban – the five grades deliverable into the Platts Dubai benchmark – together
- [ADNOC Gas announces 14-year LNG supply agreement with Indian Oil Corporation Ltd.](https://energyoman.net/adnoc-gas-announces-14-year-lng-supply-agreement-with-indian-oil-corporation-ltd) - ABU DHABI: ADNOC Gas plc, a world-class integrated gas processing company, today announced a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the export of up to 1.2 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) to India’s largest integrated and diversified energy company. The agreement, valued in the range
- [UAE Cabinet approves national energy and hydrogen strategies](https://energyoman.net/uae-cabinet-approves-national-energy-and-hydrogen-strategies) - DUBAI: HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court; H.H. Sheikh
- [PDO to boost oil output to 700,000 bpd in coming years](https://energyoman.net/pdo-to-boost-oil-output-to-700000-bpd-in-coming-years) - MUSCAT: Petroleum Development Oman (PDO), the nation’s biggest hydrocarbon producer, plans to ramp up oil output to over 700,000 barrels per day (bpd) in the coming years, up from an average production of 660,894 bpd in 2022. The revelation came in the 2022 Annual Report of the Ministry of Energy and Minerals, published here on
- [Oman preps transport sector for decarbonisation](https://energyoman.net/oman-preps-transport-sector-for-decarbonisation-2) - Green mobility: Move to enable ships to access clean electricity during port calls in Oman. MUSCAT: The requisite regulatory and infrastructural underpinnings, necessary to support the eventual decarbonisation of Oman’s transportation and logistics sector, are being rapidly set into place, according to HE Eng Said Hamoud al Maawali (pictured), Minister of Transport, Communications and Information
- [PDO signs pact with Shell for seismic acquisition in Block 11](https://energyoman.net/pdo-signs-pact-with-shell-for-seismic-acquisition-in-block-11) - BUSINESS REPORTERMUSCAT: Petroleum Development Oman (PDO), through its subsidiary, and Shell Development Oman (SDO) have signed a contract for Seismic Acquisition in Block 11, signifying a major advancement in Oman’s oil and gas industry. Based on this agreement, SDO is purchasing fully-processed seismic data on Block 11 in line with Exploration and Production Sharing Agreement
- [Emirates NBD introduces Compliant Carbon Market Trading](https://energyoman.net/emirates-nbd-introduces-compliant-carbon-market-trading) - DUBAI: Emirates NBD has taken the lead in the region in offering carbon future contracts trading, fulfilling growing demand from corporations to manage their carbon emissions offsetting and align with the UAE’s Net Zero action plan.The Group aims to continue being at the forefront of the rapidly evolving carbon trading landscape in the region, providing
- [Oxy Oman makes 12 new hydrocarbon discoveries in 2022](https://energyoman.net/oman-preps-transport-sector-for-decarbonisation) - MUSCAT: Oxy Oman says an ongoing exploration programme covering the company’s sizable portfolio of onshore hydrocarbon assets resulted in 12 new oil and gas discoveries during 2022.A wholly owned subsidiary of US-headquartered Occidental, Oxy Oman said six of the new finds were made in its majority-owned Block 9 concession in north Oman – an asset
- [NEOM green hydrogen project on track for 2026 completion](https://energyoman.net/iraq-totalenergies-sign-27-billion-oil-gas-renewables-deal-2) - RIYADH: Global utility project developer Acwa Power has announced that work is currently underway on its ambitious green hydrogen facility at Oxagon within the Saudi futuristic city Neom and is due for completion by the end of 2026.The mega project, being developed by NEOM Green Hydrogen Company (NGHC) – a joint venture between Acwa Power,
- [Iraq, TotalEnergies sign $27 billion oil, gas, renewables deal](https://energyoman.net/iraq-totalenergies-sign-27-billion-oil-gas-renewables-deal) - BAGHDAD: Iraq and French oil major TotalEnergies on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce energy with four oil, gas and renewables projects.Initially signed in 2021, the deal has faced delays amid disputes between Iraqi politicians over the terms, but was
- [Hydrogen as a Clean Energy Source: The Potential for Underground Hydrogen Storage](https://energyoman.net/hydrogen-as-a-clean-energy-source-the-potential-for-underground-hydrogen-storage) - As the world continues to seek out more sustainable energy sources, hydrogen storage has emerged as a promising technology. Abdulhadi Al Saadi As the world continues to grapple with the need for cleaner and more sustainable energy sources, hydrogen has emerged as a promising option. Unlike wind and solar power, which are highly reliant on weather
- [From carbon to currency: The importance of climate finance](https://energyoman.net/from-carbon-to-currency-the-importance-of-climate-finance) - Alena Dique and Tomas Valdes Last October, His Majesty Sultan Haitham bin Tarik announced plans for Oman to achieve net-zero emissions by 2050. Through this announcement, Oman entered a regional sustainability landscape with two distinguishing features. The first is that COP28 will be hosted by the UAE at the end of 2023, bookending the year
- [The GCC and the road to net zero](https://energyoman.net/the-gcc-and-the-road-to-net-zero) - The Gulf Arab states, while major oil and gas producers, can play a significant role in supporting global efforts to close the gap and achieve net-zero goals.Dr Aisha Al-Sarihi According to the latest report from the United Nations’ Intergovernmental Panel on Climate Change (IPCC), the world has already warmed by around 1.1°C compared to pre-industrial
- [Big Picture Vital to Drive Energy Investment](https://energyoman.net/big-picture-vital-to-drive-energy-investment) - Badar ChaudhryHigh oil prices certainly boost the Middle East’s financial outlook, but this is far from the whole story. Inevitable economic peaks and troughs means borrowers with a diverse toolkit and attitude of adaptability will be able to quickly capitalise on investors’ appetite during the global energy transition – the greatest challenge in modern history. The
- [Tighter markets are here to stay without increased investment: Report](https://energyoman.net/tighter-markets-are-here-to-stay-without-increased-investment-report) - Annual upstream oil and gas investment needs to rise by 28% to reach $640 billion by 2030 to ensure adequate global supplies, according to a new report published by the International Energy Forum (IEF) and S&P Global Commodity Insights, the leading independent provider of information, analysis and benchmark prices for the commodities and energy markets.Introduction:
- [Oman Doubles Down on Hydrogen](https://energyoman.net/oman-doubles-down-on-hydrogen) - Yousuf Al-Busaidi Just before the end of business on 26th February 2023, the Sultanate issued its first ever royal decree pertaining to the rapidly-developing field of hydrogen. Royal Decree 10/2023 Allocating Some Lands for the Purposes of Renewable Energy and Clean Hydrogen Projects is the first of its kind, earmarking sizable parcels of land purely for these
- [X2E: A Novel Blueprint for Waste Net Zero in Oman](https://energyoman.net/x2e-a-novel-blueprint-for-waste-net-zero-in-oman) - Omani-British startup X2E has ambitions to launch a pipeline of projects to unlock clean energy from waste resources by capitalizing on breakthrough technologies that are both cost-competitive and planet-friendly. “Our goal is to position Oman at the cutting-edge of energy recovery from waste and other resources. By deploying the right combination of technologies, we have
- [Shell Oman partners with MTCIT and Omani SMEs to support green mobility](https://energyoman.net/shell-oman-partners-with-mtcit-and-omani-smes-to-support-green-mobility) - MUSCAT: Committed to supporting the government’s energy transition goals, Shell Oman Marketing Company (Shell Oman) sponsored the Green Mobility event organized by Ministry of Transport, Communications, and Information Technology (MTCIT).This strategic partnership reflects Shell Oman’s dedication to the Sultanate’s energy transition journey and supporting key stakeholders in their decarbonization efforts, thereby helping the company to
- [RVCMC successfully sells over 2.2 million tonnes of carbon credits at largest-ever voluntary carbon credit auction event](https://energyoman.net/rvcmc-successfully-sells-over-2-2-million-tonnes-of-carbon-credits-at-largest-ever-voluntary-carbon-credit-auction-event) - RIYADH: The Regional Voluntary Carbon Market Company (RVCMC) today announced the successful auction of over 2.2 million tonnes of carbon credits in the largest-ever voluntary carbon credit auction, which was held in Nairobi, Kenya on June 14th, 2023. Delegates from Aramco, Saudi Electricity Company and ENOWA the three companies that purchased the most amount of credits at RVCMC’s carbon
- [Petrofac lands $700m Adnoc EPC contract for gas plant](https://energyoman.net/petrofac-lands-700m-adnoc-epc-contract-for-gas-plant) - ABU DHABI: Petrofac, a leading international service provider to the energy industry, has been signed up by Adnoc Gas Processing, a key subsidiary of Abu Dhabi National Oil Company (Adnoc), to undertake a significant new engineering, procurement and construction (EPC) project at its Habshan Complex, west of Abu Dhabi. The contract, awarded to Petrofac Emirates,
- [Oman’s HYPORT Duqm to double green ammonia capacity in Phase 2](https://energyoman.net/omans-hyport-duqm-to-double-green-ammonia-capacity-in-phase-2) - MUSCAT: The Omani government signed on Wednesday a landmark Project Development Agreement with the HYPORT Duqm consortium for the implementation of a multi-billion dollar green hydrogen project at the Special Economic Zone (SEZ) in Duqm.One of six so-called ‘legacy projects’ that were initiated before the launch of the country’s hydrogen regulatory framework last October, HYPORT
- [Oman launches new bid round for green hydrogen blocks](https://energyoman.net/oman-launches-new-bid-round-for-green-hydrogen-blocks) - MUSCAT: Registrations opened on Thursday, June 22, 2023, for yet another round of bidding for three massive land blocks, covering a total area of 960 sq kilometres, earmarked for green hydrogen projects in Dhofar Governorate in the south of the Sultanate of Oman. The launch of Round 2 (Phase A), covering these new concessions, came
- [Oman signs major concession pact for mining of potash ore](https://energyoman.net/oman-signs-major-concession-pact-for-mining-of-potash-ore) - MUSCAT: The Ministry of Energy and Minerals has signed a concession agreement for the exploration and mining of potash ore in Umm Al Samim, a potash rich region in the Rub Al Khali (The Empty Quarter) in the far west of the Sultanate of Oman.This agreement was reached after the ministry approved a new methodology
- [Oman holds talks in Switzerland and Italy on renewables and green hydrogen cooperation](https://energyoman.net/oman-holds-talks-in-switzerland-and-italy-on-renewables-and-green-hydrogen-cooperation) - Rome, June 25, 2023 (ONA) —- An official Omani delegation to the Republic of Italy, headed by HE Mohsin bin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, discussed cooperation, consolidation of bilateral ties, promotion of investments and exchange of knowledge in the sectors of renewable energy, hydrogen and energy storage systems
- [Omani gypsum exports near 10 million-tonne mark in 2022](https://energyoman.net/omani-gypsum-exports-near-10-million-tonne-mark-in-2022) - MUSCAT: Exports of gypsum from the Sultanate of Oman climbed 13.27% per cent to hit a new peak of 9.90 million tonnes in 2022, further consolidating the country’s global reputation as the world’s biggest supplier of the industrial mineral. This compares with exports of 8.74 million tonnes a year earlier in 2021. The 9.90 million
- [ARA Petroleum inks MoU with the National University of Science and Technology](https://energyoman.net/ara-petroleum-inks-mou-with-the-national-university-of-science-and-technology) - MUSCAT: ARA Petroleum E&P (ARA), a dynamic energy company within the Zubair Corporation group recently signed a Memorandum of Understanding (MoU) with the National University of Science and Technology in Oman. The MoU, which was signed by Dr. Omar Al Jaidi, General Manager of ARA EP, and Dr. Salem Al Araimi, Deputy Vice-Chancellor for Academic
- [ADNOC Drilling secures $2 billion offshore jack-up contracts](https://energyoman.net/adnoc-drilling-secures-2-billion-offshore-jack-up-contracts) - ABDU DHABI: ADNOC Drilling Company PJSC has confirmed the award of five 10-year contracts, totaling approximately $2 billion, in support of ADNOC Offshore’s growing drilling operations.The contractual conditions, particularly the duration, were agreed with the client in light of the strength of the offshore jack-up market with higher day rates. The contracts supporting drilling operations
- [Masdar signs agreement to develop clean energy projects in Kyrgyzstan with 1 GW capacity](https://energyoman.net/masdar-signs-agreement-to-develop-clean-energy-projects-in-kyrgyzstan-with-1-gw-capacity) - ABU DHABI: Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Kyrgyz Republic’s Ministry of Energy to develop a pipeline of renewable projects in the Central Asian nation, with a capacity of up to 1 gigawatt (GW), starting with a 200-megawatt (MW) solar photovoltaic (PV) plant. ABU DHABI: Masdar,
- [Making the breakthrough: Green hydrogen policies and technology costs](https://energyoman.net/making-the-breakthrough-green-hydrogen-policies-and-technology-costs) - As global economies strive for carbon neutrality, cost-competitive renewable hydrogen is possible within the decade.Green hydrogen, produced by renewable power, can help eliminate carbon dioxide (CO2) emissions in challenging sectors like steel, chemicals, long-haul transport, shipping and aviation. Thanks to the decline in renewable power costs, hydrogen could become a cost-competitive clean energy carrier worldwide
- [Carbon capture, a look under the hood](https://energyoman.net/carbon-capture-a-look-under-the-hood) - Technologies that capture and store carbon dioxide, or reuse it in a circular economy that recycles CO2, are touted as a viable option in the toolbox to tackle climate change. But not everyone buys the industry’s claims; skeptics call it a distraction.Sebastian Castelier The atmospheric carbon dioxide (CO2) concentrations are higher than at any time
- [EDO's strategy focuses on sustainable, cost-effective energy production for Oman](https://energyoman.net/edos-strategy-focuses-on-sustainable-cost-effective-energy-production-for-oman) - Key mandate: Energy sector’s executive arms takes the lead in maximizing financial returns and attracting global partnerships. MUSCAT: Energy Development Oman (EDO) is spearheading efforts to enhance the efficiency of Oman’s energy sector and promote sustainable energy production at the lowest possible cost. Established by Royal Decree (2020/128), EDO acts as the executive arm of
- [Trowers advises on major power sector restructuring exercise in Oman](https://energyoman.net/trowers-advises-on-major-power-sector-restructuring-exercise-in-oman) - MUSCAT: International law firm Trowers & Hamlins advised groups of over 30 lenders (conventional and Islamic) and hedge providers in connection with the restructuring exercise being carried out by the Nama group of entities across the electricity distribution and supply sectors in Oman.The reorganisation is aimed to streamline the operations in the electricity distribution and
- [Promising potential for Direct Air Capture deployment in Oman](https://energyoman.net/promising-potential-for-direct-air-capture-deployment-in-oman) - A key report issued by the International Energy Agency (IEA) last week has underlined the potential for the large-scale deployment of Direct Air Capture (DAC) technologies in the Sultanate of Oman, either as part of the country’s decarbonization strategies or to utilize the captured carbon dioxide (CO2) for industrial or commercial purposes.Direct Air Capture (DAC)
- [Oman signs LNG supply pact with Bangladesh](https://energyoman.net/oman-signs-lng-supply-pact-with-bangladesh) - MUSCAT: OQ Trading Ltd (OQT), an energy trading entity owned by OQ, the global integrated energy group of the Sultanate of Oman, signed on June 19 a new LNG Sales and Purchase Agreement (SPA) with Petrobangla, a state-owned company responsible for the exploration, production, and distribution of oil, gas, and mineral resources in Bangladesh, on
- [Oman on track to become one of the world’s largest hydrogen exporters](https://energyoman.net/oman-on-track-to-become-one-of-the-worlds-largest-hydrogen-exporters) - MUSCAT: A recent report issued here affirmed that the Sultanate of Oman is on its way to become one of the largest exporters of hydrogen in the world by 2030.The report, issued jointly by the Ministry of Energy and Minerals and the International Energy Agency (IEA), demonstrated Oman’s competitive potential as a hub for renewable
- [Mining sector to unlock new opportunities in Oman](https://energyoman.net/mining-sector-to-unlock-new-opportunities-in-oman) - MUSCAT: With the issuance of the Mineral Resources Law, coupled with the recent tendering and award of a number of mining concessions, the mining sector in the Sultanate of Oman is poised for a new phase of vigorous growth.Overseeing this sector is the Ministry of Energy and Minerals, which has affirmed the presence of commercial
- [Hydrogen production costs in Oman to hit cost-competitive $1.6/kg by 2030: IEA](https://energyoman.net/hydrogen-production-costs-in-oman-to-hit-cost-competitive-1-6-kg-by-2030-iea) - MUSCAT: Cheap renewable electricity made possible by an abundance of solar and wind resources, alongside the availability of near limitless land blocks for development, will together enable the production of green hydrogen in Oman at a globally cost-competitive $1.6/kg by 2030, according to a key report published on Sunday. The report, titled ‘Renewable Hydrogen from
- [Hydrogen availability to spur growth of energy-intensive industries in Oman](https://energyoman.net/hydrogen-availability-to-spur-growth-of-energy-intensive-industries-in-oman) - MUSCAT: With prodigious quantities of renewable hydrogen anticipated to come on stream starting from 2030, the Sultanate of Oman is well-placed to attract investments in large-scale, energy-intensive industries, according to a key report.The International Energy Agency (IEA) noted in its recent report, underscoring the global-scale hydrogen production potential of Oman, that investments in low-emission steel,
- [ENGIE commissions its largest battery energy storage system](https://energyoman.net/engie-commissions-its-largest-battery-energy-storage-system) - VICTORIA – AUSTRALIA: French low-carbon utility ENGIE and its partners Eku Energy and Fluence have reached a new milestone with the commissioning of the Hazelwood Battery Energy Storage System (HBESS).Located on the site of the former Hazelwood power plant in Victoria (Australia), the Hazelwood Battery Electricity Storage System (HBESS) is a utility-scale battery of 150 MW
- [APSR represents Oman at high-level GCCIA meeting](https://energyoman.net/apsr-represents-oman-at-high-level-gccia-meeting) - MUSCAT: The Sultanate of Oman, represented by the Authority for Public Services Regulation (APSR), participated in the 55th meeting of the Advisory and Regulatory Committee of the GCC Electricity Interconnection Authority (GCCIA), which was held in Qatar. Heading Oman’s delegation was Shaikh Dr. Mansour bin Talib al Hinai, Chairman – APSR.Discussions during the meeting focused
- [Oman signs concession agreements for exploration and mining for potash and lithium ore](https://energyoman.net/oman-signs-concession-agreements-for-exploration-and-mining-for-potash-and-lithium-ore) - MUSCAT: The Ministry of Energy and Minerals signed today 3 agreements in the mining sector based on exploration and mining for “potash” and “lithium” ore in the Dhahirah and Al Wusta governorates.These agreements come after the Ministry adopted a new methodology for the development of the mining sector through the preparation of a concession agreement
- [Waste-to-Energy project key to Oman’s Net Zero goal](https://energyoman.net/waste-to-energy-project-key-to-omans-net-zero-goal) - MUSCAT: Oman’s first-ever Waste-to-Energy (WTE) project, for which a competitive procurement process is expected to be kicked off later this year, will not only contribute to diversifying the country’s renewable energy mix, but also play a pivotal role in achieving the government’s Net Zero target by 2050.According to a top official of Oman Environmental Services
- [Shell Oman Marketing Company and Oman Automobile Association form strategic alliance to enhance e-mobility](https://energyoman.net/shell-oman-marketing-company-and-oman-automobile-association-form-strategic-alliance-to-enhance-e-mobility) - MUSCAT: Shell Oman Marketing Company (Shell Oman) signed a Memorandum of Understanding (MoU) with the Oman Automobile Association (OAA), aimed at delivering an exceptional experience for customers of both organizations. The MoU will offer OAA visitors and members with Oman’s first of its kind Electric Vehicles (EV) charging hub, as well as the first smart
- [OQ signs 8 Agreements on Digital Transformation](https://energyoman.net/oq-signs-8-agreements-on-digital-transformation) - MUSCAT: OQ, the global integrated energy group, signed 8 agreements and memoranda of understanding (MoUs) focused on digital transformation and the technology of the fourth industrial revolution. These collaborations were established with specialized international companies and small and medium enterprises (SMEs).The agreements were formalized on the sidelines of OQ’s participation in the COMEX 2023 Exhibition,
- [Omani delegation explores energy cooperation with Korea](https://energyoman.net/omani-delegation-explores-energy-cooperation-with-korea) - SEOUL: An Omani delegation comprising a number of governmental and private agencies, headed by H.E. Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, is on a working visit to the Republic of Korea, followed by visits to the People’s Republic of China and Malaysia.These visits aim to enhance the efforts
- [Oman sees hydrogen output at 14-times domestic demand by 2050](https://energyoman.net/oman-sees-hydrogen-output-at-14-times-domestic-demand-by-2050) - CONRAD PRABHUMUSCAT: Green hydrogen production in the Sultanate of Oman is projected to escalate to a world-scale 8 million tonnes by 2050 – volumes that open up huge opportunities for export, according to a high-level official of the Ministry of Energy and Minerals.Eng. Abdulaziz al Shidhani (pictured), Director General of Renewable Energy and Hydrogen, said
- [Oman explores enhanced cooperation with China in energy and mineral sectors](https://energyoman.net/oman-explores-enhanced-cooperation-with-china-in-energy-and-mineral-sectors) - MUSCAT: A high-level Omani delegation, led by H.E. Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, has embarked on a visit to the People’s Republic of China. The delegation included representatives from the Oman Investment Authority (OIA) and the Public Authority for Economic Zones and Free Zones (OPAZ).The China visit
- [Nominations open for 6th CCED Oman Student Awards](https://energyoman.net/nominations-open-for-6th-cced-oman-student-awards) - MUSCAT: The 6th CCED Oman Student Awards for the Advancement of Postgraduate Education, which has seen previous winners go onto secure senior positions in many of Oman’s leading industrial companies and policy roles in the public sector, were launched on Wednesday, May 31, by CC Energy Development, one of the country’s biggest independent oil producers,
- [Nama’s restructured power distribution and supply firms start operations](https://energyoman.net/namas-restructured-power-distribution-and-supply-firms-start-operations) - MUSCAT: In response to government directives, issued in December 2021 to restructure the electricity sector, and in-line with Nama Group’s initiatives to enhance efficiency, Nama Holding has announced the commencement of the operations of the restructured Electricity Distribution and Supply companies.Nama Group joined hands with a number of entities such as the Ministry of Energy
- [L&T to build energy infrastructure for world’s largest green hydrogen plant](https://energyoman.net/lt-to-build-energy-infrastructure-for-worlds-largest-green-hydrogen-plant) - RIYADH: The power transmission & distribution business of Larsen & Toubro (L&T) has achieved important milestones for the power elements and grid packages of the world’s largest green hydrogen plant being built by NEOM, Saudi Arabia. Located at Oxagon in Saudi Arabia’s region of NEOM, NEOM Green Hydrogen Company (NGHC) is an equal joint-venture by
- [GORD, Global Carbon Council takes lead role at CCUS Forum](https://energyoman.net/gord-global-carbon-council-takes-lead-role-at-ccus-forum) - DOHA: The Gulf Organisation for Research & Development (Gord) and Global Carbon Council (GCC) were the strategic partners of the Mena region’s first Carbon Capture, Utilisation and Storage (CCUS) Forum, which concluded in Doha on Tuesday. The three-day event organised by Oman-based Birba Energy and held under the patronage of Qatar's Ministry of Environment and
- [44.01 signs pact for first-of-its-kind carbon removal project in Oman](https://energyoman.net/44-01-signs-pact-for-first-of-its-kind-carbon-removal-project-in-oman) - MUSCAT: Award-winning Omani carbon mineralization start-up 44.01 and Oman’s Ministry of Energy and Minerals (MEM) have agreed a concession for the world’s first commercial-scale peridotite mineralisation project. The project, which will begin in 2024 in the Hajar mountains, will be the largest peridotite mineralisation activity in the world, and the first commercial demonstration to mineralise
- [Energy storage a key goal for Oman: H.E. Al Aufi](https://energyoman.net/energy-storage-a-key-goal-for-oman-h-e-al-aufi) - MUSCAT: Having set in motion an ambitious plan to harness solar and wind resources for low-carbon electricity generation, the Sultanate of Oman is now moving to develop its energy storage capacity to address intermittency challenges associated with renewable resources.Energy storage technologies and systems allow for the storage of energy during times of surplus availability for
- [Hydrom awards first three Green Hydrogen projects in Oman](https://energyoman.net/hydrom-awards-first-three-green-hydrogen-projects-in-oman) - Three blocks spanning a total area of 960 km2 awarded to international consortia led by OQ, Shell, BP and Copenhagen Infrastructure Partners.Total investments in signed projects to exceed 20 billion USDExpected production of 500 KTPA of green Hydrogen for local industry and ammonia export from 11.5 GW of installed renewable energy capacity.Ministry of Housing and
- [Galfar wins RO 280m contract from PDO](https://energyoman.net/galfar-wins-ro-280m-contract-from-pdo) - MUSCAT: Leading Omani construction firm Galfar Engineering and Contracting SAOG has been awarded a multi-year contract with an estimated value of RO 280 million covering the delivery of off-plot facilities for the Qarn Alam oil field. The contract was awarded following a competitive tender process, and Galfar was selected for its strong track record in
- [APICORP posts H1 net income of $52mn](https://energyoman.net/apicorp-posts-h1-net-income-of-52mn-2) - MUSCAT: The Arab Petroleum Investments Corporation (APICORP), a multilateralfinancial institution, announced on Tuesday its financial results for the first sixmonths of the year ending on June 30, 2022. APICORP continued its post-pandemic growth with major financial andoperational achievements against a backdrop of market volatility and inflationconcerns that have sparked significant rates hikes and asset pricing
- [Shell Oman expands operations along Batinah Expressway, Rusayl Industrial City](https://energyoman.net/shell-oman-expands-operations-along-batinah-expressway-rusayl-industrial-city-2) - MUSCAT: Shell Oman Marketing Company (SOM) announced the opening of new service stations, bringing its total network size to 205 strategic sites across the Sultanate of Oman. SOM has inaugurated phase one of its third integrated service station on Batinah Expressway inSaham which is part of an earlier agreement signed with the Ministry of Housing
- [Hydrom: Spearheading Oman’s green hydrogen push](https://energyoman.net/hydrom-spearheading-omans-green-hydrogen-push-2) - Speaking to Energy Oman, Dr. Firas Al-Abduwani, Acting Managing Director of Hydrom, provides exclusive insights into the Sultanate’s strategy to jumpstart the growth of a nascent green hydrogen industry based on a unique and globally path-breaking regulatory model. Oman’s historic and burgeoning green hydrogen quest is well and truly off the starting blocks.Since the start
- [New one-stop Net Zero think-tank for Oman](https://energyoman.net/new-one-stop-net-zero-think-tank-for-oman-2) - The Oman Sustainability Centre has a comprehensive mandate to formulate strategies, policies and regulations in support of the nation’s carbon emission reduction goals. The newly established Oman Sustainability Center, set up in accordance with the Royal directives of His Majesty Sultan Haitham bin Tarik, has been tasked with spearheading the delivery of the Sultanate’s Net
- [MENA’s sustainability journey in light of COP27](https://energyoman.net/menas-sustainability-journey-in-light-of-cop27-2) - The energy sector in MENA is undergoing structural changes with sustainability at its core to deliver on the region’s climate pledges. These changes are accompanied by a comprehensive set of economic and regulatory reforms to maintain a certain level of socioeconomic development to attain climate targets while considering each country’s energy security context, says the
- [The global energy crisis may be accelerating decarbonisation efforts](https://energyoman.net/the-global-energy-crisis-may-be-accelerating-decarbonisation-efforts-2) - Russia’s invasion of Ukraine has changed energy markets and policies around the world, not just for the time being, but for decades to come. The energy crisis set off by Moscow’s war is giving a short-term lift to fossil fuels in some cases. More coal has been burned in Europe, for example, because natural-gas prices
- [Oman’s OQ mandated to help decarbonize oil firms, industrial clusters](https://energyoman.net/omans-oq-mandated-to-help-decarbonize-oil-firms-industrial-clusters-2) - MUSCAT: OQ Group, the global integrated energy group of the Sultanate of Oman, says it has been tapped by the Ministry of Energy and Minerals to assist oil and gas companies as well as industrial zones – among the biggest domestic contributions of greenhouse gas emissions – with their decarbonisation goals by making available the
- [Oman Shell: Powering Oman’s Net-Zero Transition Goal](https://energyoman.net/oman-shell-powering-omans-net-zero-transition-goal-2) - With a comprehensive sustainability agenda and a strong energy transition strategy as well as a committed target of net-zero emissions by 2050 in line with the society, Oman Shell’s sustainable business is leading the energy transition journey and engagements on renewables with relevant stakeholders. As the world progresses boldly towards the larger goal of making
- [Green Hydrogen: Harnessing the hope for a cleaner future](https://energyoman.net/green-hydrogen-harnessing-the-hope-for-a-cleaner-future-2) - The climate change is a recognized phenomenon with temperatures already rising more than 1.1⁰C since pre-industrial levels and on a trajectory of rising beyond 3⁰C by 2050 if the world doesn’t come together to act against it. Decarbonization has become a worldwide agenda with developed nations making a historic agreement at the recently concluded COP27
- [New standard specification for<br>hydrogen fuel vehicles issued in Oman](https://energyoman.net/new-standard-specification-forhydrogen-fuel-vehicles-issued-in-oman) - Muscat: A new Omani standard specification related to hydrogen fuel-operating vehicles has beenissued by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP).The specifications set the performance requirements related to safety and availability of the conditions which mitigate damages to human in case of accidents. Nadia bint Mohammed Al Siyabi, Director of the Specifications Department at
- [Oman’s Energy Transition Pathway: The Role of CCUS and Clean Hydrogen](https://energyoman.net/omans-energy-transition-pathway-the-role-of-ccus-and-clean-hydrogen-2) - Never before has energy transition and decarbonization been the focus of cross sector national discussion and deliberation in Oman. In October of this year, the National Carbon Lab organized by Oman Vision 2040 Implementation Follow-up Unit gathered experts from across multiple sectors to discuss one common item, the decarbonization agenda. The gathering aimed to draw
- [Partnership, collaboration and co-investment hold the keys to a greener and more sustainable future for Oman and the UK](https://energyoman.net/partnership-collaboration-and-co-investment-hold-the-keys-to-a-greener-and-more-sustainable-future-for-oman-and-the-uk) - Simon Penney HM Trade Commissioner – MENA and Pakistan Oman and the UK have strong economic ties, which deliver thousands of Omani jobs, growth and prosperity. 47% of all foreign direct investment into Oman is British, with the energy sector playing a vital part. British flag-bearers BP and Shell – and a whole ecosystem of
- [be’ah inks pact to supply waste as fuel to Oman Cement](https://energyoman.net/beah-inks-pact-to-supply-waste-as-fuel-to-oman-cement-2) - MUSCAT: Omani Environment Services Holding Company (be’ah) and Oman Cement Company signed on Tuesday a memorandum of understanding (MoU) to use fuel derived from municipal solid waste treatment as an alternative fuel for cement manufacturing. The MoU was signed by Eng Tariq Ali al Amri, CEO of be'ah, and Eng Salem Abdullah al Hajri, CEO
- [OQ Group receives first crude shipment at Ras Markaz Terminal](https://energyoman.net/oq-group-receives-first-crude-shipment-at-ras-markaz-terminal-2) - MUSCAT: OQ, a global integrated energy group, announced today that it has successfully received the first shipment of crude oil at Ras Markaz Crude Oil Storage and Export Terminal, which is being carried out by its subsidiary Oman Tank Terminal Company (OTTCO). This comes as part of the efforts exerted by OQ to take advantage
- [New state-owned Integrated Gas Company launched](https://energyoman.net/new-state-owned-integrated-gas-company-launched) - MUSCAT: The Ministry of Finance today (29TH Dec 2022) issued a decision establishing Integrated Gas Company (IGC) and endorsing its Articles of Association and financial bylaw in accordance with the provisions of Commercial Companies Law No. 18/2019 and its amendments, the Privatization Law promulgated under Royal Decree No. 51/2019, Royal Decree No. 80/1998 promulgating the
- [Oman on track to hit net zero target](https://energyoman.net/oman-on-track-to-hit-net-zero-target-2) - MUSCAT: The Sultanate of Oman, represented by the Environment Authority (EA), will mark the Omani Environment Day on Sunday, observed every year on January 8, along with the private and civil society institutions; citizens and residents. HE Dr Abdullah bin Ali al Amri, chairman of EA, told ONA that the sultanate has accomplished many achievements
- [Shell signs major agreements in the fields of LNG, LSG and green hydrogen](https://energyoman.net/shell-signs-major-agreements-in-the-fields-of-lng-lsg-and-green-hydrogen-2) - MUSCAT: Several agreements and a memorandum of understanding (MoU) were signed at OQ Group’s headquarters today (10th January 2023) in the fields of liquefied natural gas and green hydrogen. The Ministry of Energy and Minerals signed a Letter of Intent with Oman Shell to explore opportunities for the production of Liquefied Synthetic Gas (LSG) in
- [$463m OQ Ammonia Plant to boost value creation from gas resources](https://energyoman.net/463m-oq-ammonia-plant-to-boost-value-creation-from-gas-resources) - Dr Albert Großmann Expert High-Pressure Gas Pipelines, TÜV SÜD Industrie Service Jan Sachse Team Lead Pipelines, TÜV SÜD Industrie Service Dr Johanna Steinbock, Expert Fracture Mechanics Analysis, TÜV SÜD Industrie ServiceExposure to hydrogen can make metals brittle and cause defects. Given this, the fatigue life of new and existing pipelines transporting H2 must be determined
- [Asyad Shipping inks pact for two new LNG carriers](https://energyoman.net/asyad-shipping-inks-pact-for-two-new-lng-carriers) - MUSCAT: Asyad Shipping, a subsidiary of Asyad Group, signed an agreement with world-leading Hyundai Samho Heavy Industries to build two modern LNG carriers dedicated to meeting the growing demand of the group's customers for energy logistics services in anticipation of an uptick in the global demand for gas transportation. With the two new tankers, Asyad
- [For green hydrogen, use of experience will be key to its success](https://energyoman.net/for-green-hydrogen-use-of-experience-will-be-key-to-its-success-2) - Philippe LavagnaTerminals for New Energies – ProductAccount Manager Imodco, part of SBM Offshore Group In this article, the author promotes the development of Imodco’s jetty-less solutions for open sea transfer of energy carrier cargo, leveraging on his experience gained over 28 years working for SBM Offshore. The need for energy will not reduce simply because
- [Direct Sales to unlock new renewables-based investment opportunities in Oman](https://energyoman.net/direct-sales-to-unlock-new-renewables-based-investment-opportunities-in-oman-2) - The first phase of a Direct Sales initiative -- a keenly anticipated endeavor by the country’s power sector regulator to open up the market to competition for access – has been launched in the Sultanate of Oman. The Direct Sales initiative, representing a further step in the ongoing liberalisation of Oman’s power sector, is now
- [Bank Nizwa: Promoting Sustainable Growth](https://energyoman.net/bank-nizwa-promoting-sustainable-growth-2) - Khaled Al Kayed Chief Executive Officer, Bank Nizwa Bank Nizwa is dedicated to assisting Oman in its transition to a low-carbon, more resource-efficient, and sustainable economy, by being at the forefront of initiatives to create a financial system that promotes sustainable growth. In fact, Islamic finance and sustainability go hand in hand. Therefore, being an
- [Equinor: A leader in the energy transition](https://energyoman.net/equinor-a-leader-in-the-energy-transition-2) - Every day Equinor delivers oil, gas and renewable power to more than 170 million people. For fifty years, Equinor has been pushing the boundaries of imagination and technology, taking the company to deeper waters and new frontiers. Today, we are the largest operator in Norway, one of the world’s largest offshore operators, and a growing
- [Driving the global energy transition](https://energyoman.net/driving-the-global-energy-transition-2) - Right now, the world is fighting a battle on two fronts.Countries are on the brink of a major energy security and supply crisis, and we are also already in the middle of a climate emergency.We cannot wait until 2050, 2040 or even 2030 for solutions.The solutions must start right now, today, and we must not
- [A Low-Carbon Future for the Middle East and Central Asia](https://energyoman.net/a-low-carbon-future-for-the-middle-east-and-central-asia-2) - Almost all countries in the Middle East and Central Asia (ME&CA) region have joined the rest of the world in what is arguably the most ambitious and consequential global effort—the race to save the planet from the effects of climate change. To date, 31 out of the region’s 32 economies have published their nationally determined
- [3 ways businesses can decarbonize and help reach net zero](https://energyoman.net/3-ways-businesses-can-decarbonize-and-help-reach-net-zero-2) - Amy BarnesHead of Climate and Sustainability Strategy, Marsh No organization will be untouched by climate change, and the transformation of the global economy it demands. Risk managers must ask themselves two key questions: what is the impact of my organization on the climate? And on the flip side, what is the impact of the climate
- [PEM Electrolyzers Key to Decarbonizing Oman](https://energyoman.net/pem-electrolyzers-key-to-decarbonizing-oman-2) - Experts agree green hydrogen is the key to safely powering at least 20% of our world. As pressure mounts to decarbonize the Oman economy, leaders have been looking to green hydrogen solutions to help the nation reach net-zero by 2050. The solution for reaching that sustainability goal is PEM electrolyzers, a technology that has proven
- [Geothermal Energy: A Little-Known Weapon in the Fight Against Global Warming](https://energyoman.net/geothermal-energy-a-little-known-weapon-in-the-fight-against-global-warming-2) - Tevfik KayaSLB business development manager for geothermal, and carbon capture, utilization, and sequestration (CCUS) solutions As the tangible impacts of climate change become impossible to ignore, more people are realizing the need to switch to clean sources of energy to power their daily lives. While much of the focus is on wind and solar, there
- [How Sustainable Hydrogen and Ammonia Transform the World](https://energyoman.net/how-sustainable-hydrogen-and-ammonia-transform-the-world-2) - Erika Niino-Esserthyssenkrupp Uhde At the beginning of 2018, I started working as a development engineer for water electrolysis at thyssenkrupp nucera. At that time my vision was very clear: I wanted to contribute to a climate-friendly world by mastering the technology for green hydrogen production through utilization of renewable energies and help improve it. But
- [Marafiq reports ramped up output from new Duqm power project](https://energyoman.net/marafiq-reports-ramped-up-output-from-new-duqm-power-project-2) - MUSCAT: The Centralized Utilities Company (Marafiq), a company owned by OQ [a subsidiary of Oman Investment Authority (OIA)], has announced a ramp-up of electricity output in the Duqm Special Economic Zone (SEZAD) following the launch of its gas-powered power plant in Duqm. This plant has been developed in cooperation with the Rural Areas Electricity Company
- [3rd Sustainability Conference investigates impacts of greenhouse gas emissions](https://energyoman.net/3rd-sustainability-conference-investigates-impacts-of-greenhouse-gas-emissions) - MUSCAT: Working in cooperation with OQ Exploration and Production Company, the Oman Centre for Governance and Sustainability organized on 15th February 2023 the 3rd Sustainability Conference on the theme, "The Impact of Greenhouse Gas Emissions: Towards Carbon Neutrality". The conference focused on investigating the impact of greenhouse gas emissions as a result of various activities
- [Abraj Energy sees post-listing market cap of around $500m](https://energyoman.net/abraj-energy-sees-post-listing-market-cap-of-around-500m) - MUSCAT: Abraj Energy Services SAOG (under transformation) announced on Tuesday the publication of the prospectus and details of the subscription period and process for its initial public offering (IPO) on the MSX. Saif al Hamhami, CEO of Abraj, said: “As one of the leading providers of onshore oilfield drilling and well services in Oman, we
- [Major mining projects](https://energyoman.net/major-mining-projects-2) - MUSCAT: The Ministry of Energy and Minerals is seeking to attract foreign investments represented by international companies specialized in the field of minerals, which have advanced technologies and capabilities that make them able to explore for the mineral resources latent in the Sultanate of Oman. Eng Saud bin Khamis al Mahrooqi, Director General of Minerals,
- [Oman embraces Gulf Standard](https://energyoman.net/oman-embraces-gulf-standard-2) - MUSCAT: The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) issued Ministerial Decision 45/2023 deeming the Gulf Standard Specification GSO2698:22, which related to technical requirements for electric vehicles as a binding Omani standard, In accordance with this decision whoever violates its provisions, shall be punished with the penalties stipulated in Royal Decree 1/ 78. The
- [Oman LNG signs binding term-sheet agreement with China’s UNIPEC](https://energyoman.net/oman-lng-signs-binding-term-sheet-agreement-with-chinas-unipec) - MUSCAT: Oman LNG has announced on Tuesday the signing of a binding term-sheet agreement with China International and Chemical Co, (UNIPEC) to supply 1 million metric tonnes per annum (mtpa) of LNG starting in 2025. This agreement leverages the ever-growing partnership between Oman LNG and international energy firms, where UNIPEC has become the latest beneficiary
- [Oman targets 3 new wind power projects by 2026](https://energyoman.net/oman-targets-3-new-wind-power-projects-by-2026-2) - Pressing ahead with its strategy to harness renewable energy resources for its electricity requirements, the Sultanate of Oman – represented by Oman Power and Water Procurement Company (OPWP) – has unveiled plans for the development of as many as three wind-based Independent Power Projects (IPPs) at key locations around the country Wind-based IPPs are envisioned
- [Oman to add 1.9 GW of renewables by 2026: IEA](https://energyoman.net/oman-to-add-1-9-gw-of-renewables-by-2026-iea-2) - The important strides made by the Sultanate of Oman in decarbonizing its power generation sector have been highlighted by the International Energy Agency (IEA) in a newly published report that tracks global efforts to switch to low-carbon fuel resources for electricity generation. Titled ‘Electricity Market Report 2023’, the document underscores the importance of electricity security
- [ADNOC allocates US$15bn to advance decarbonisation projects](https://energyoman.net/adnoc-allocates-us15bn-to-advance-decarbonisation-projects) - Abu Dhabi National Oil Company (ADNOC), has announced a new strategy to progress the world-scale decarbonisation of its operations, allocating US$15bn (AED55bn) to advance an array of projects by 2030 These projects will include investments in clean power, carbon capture and storage (CCS), further electrification of its operations, energy efficiency and new measures to build
- [ADNOC partners with 44.01 to turn CO2 into rock](https://energyoman.net/adnoc-partners-with-44-01-to-turn-co2-into-rock) - Abu Dhabi: ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced a partnership with the Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and 44.01 to pilot technology that permanently mineralizes carbon dioxide (CO2) within rock formations found in the Emirate of Fujairah. The announcement was made at the
- [Oman LNG signs two new LNG supply pacts](https://energyoman.net/oman-lng-signs-two-new-lng-supply-pacts-2) - Oman LNG announced on 18 January 2023 the signing of binding term-sheet agreements with PTT Global LNG Company Limited from Thailand and TotalEnergies from France to supply 1.6 million metric tonnes per annum (mtpa) of LNG starting from 2025. These agreements solidify the partnership between Oman LNG and the global energy firms. The signed term-sheet
- [PDO fetes graduates of Shababuna programmes](https://energyoman.net/pdo-fetes-graduates-of-shababuna-programmes-2) - MUSCAT: Under the auspices of Mohsen bin Hamad al Hadhrami, Under-Secretary of the Ministry of Minerals and Energy, Petroleum Development Oman (PDO) celebrated yesterday, January 18, the achievements of 782 Omani staff from the Company’s Shababuna Programme at an official ceremony held in Muscat, and attended by PDO’s senior management and colleagues. PDO has also
- [Oman tops MENA region in sustainable energy regulation](https://energyoman.net/oman-tops-mena-region-in-sustainable-energy-regulation-2) - MUSCAT: The Sultanate of Oman’s regulations of the renewable and sustainable energy sector have been rated as advanced by ‘Regulatory Indicators for Sustainable Energy (RISE), a World Bank initiative to help policymakers to compare national policy frameworks for sustainable energy and identify opportunities to attract investment. RISE assesses countries’ policy support for each of the
- [Shell announces start of gas production from Oman Block 10](https://energyoman.net/shell-announces-start-of-gas-production-from-oman-block-10) - Commenting on this milestone, HE Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals said, “This accomplishment strengthens Oman’s rich natural gas reserves, whilst bringing value to support Oman’s energy transition and achieving Net Zero Emissions by 2050. Attracting foreign investment to Oman is a key enabler for achieving economic growth and realizing Oman
- [Hydrogen safety](https://energyoman.net/hydrogen-safety) - Hydrogen handling and key process safety steps Hydrogen use is expected to grow enormously in the coming years, both for storing and transporting energy and as a carbon-free fuel. To do this safely, a few crucial points are important to consider and act upon. Introduction Safe operations – regarding workers, plant & equipment, communities and
- [Oman’s Energy Ministry launches e-platform for submission of gas requests](https://energyoman.net/omans-energy-ministry-launches-e-platform-for-submission-of-gas-requests-2) - MUSCAT: The Ministry of Energy and Minerals has launched an electronic platform where requests for gas purchases are received and settled. The platform serves companies wishing to get gas supplies for their existing or planned projects in Oman in line with the government's approach to achieve electronic transition and help the ministry provide its services
- [Oman’s Environment Authority hosts workshop on facilitating national contributions to Climate Change control](https://energyoman.net/omans-environment-authority-hosts-workshop-on-facilitating-national-contributions-to-climate-change-control) - MUSCAT: The Environment Authority of the Sultanate of Oman held a workshop on Wednesday, 15 February 2023, on facilitating nationally determined contributions (NDCs) towards the control of climate change impacts on basic economic sectors. The workshop elaborates on the current progress in contributions made in Oman for alleviating and adapting to climate change. It discusses
- [OQ sells 20% Abraj stake to Saudi-Omani Investment Co](https://energyoman.net/oq-sells-20-abraj-stake-to-saudi-omani-investment-co-2) - MUSCAT: Oman’s integrated energy group OQ and its wholly-owned subsidiary Abraj Energy Services SAOC (Under transformation) signed an agreement with the Saudi Omani Investment Company (SOIC) under which the latter with acquire 20 per cent of Abraj’s shares currently being offered in an initial public offering. The agreement is in line with a framework of
- [PDO receives first of its kind dual-fuel crude carrier](https://energyoman.net/pdo-receives-first-of-its-kind-dual-fuel-crude-carrier-2) - MUSCAT: A mega crude carrier with dual-fuel propulsion systems, among other unique capabilities, called at the Mina Al Fahal Crude Oil Export terminal off Muscat recently in the first such visit of its kind to the Sultanate of Oman, Petroleum Development Oman (PDO) has revealed. In a post, the majority state-owned energy company described the
- [Significant increase in gas revenues for Oman soon: Energy expert](https://energyoman.net/significant-increase-in-gas-revenues-for-oman-soon-energy-expert-2) - Muscat: Mr. Ali bin Abdullah Al Riyami, the well-known Omani expert in the field of energy, said that the LNG revenues of the Sultanate of Oman are expected to increase in the coming period. He added that gas revenues will contribute significantly to the domestic product, with new agreements to export liquefied natural gas at
- [Royal Decree to strengthen Oman’s position in renewable energy and green hydrogen projects](https://energyoman.net/royal-decree-to-strengthen-omans-position-in-renewable-energy-and-green-hydrogen-projects) - MUSCAT: The Sultanate of Oman is making great efforts to promote investment opportunities in clean energy, as it seeks to be a global center for the production of green hydrogen in light of the availability of ingredients such as the presence of solar energy, wind energy, and vast lands that attract investments in the production
- [PDO receives delegation from State Council](https://energyoman.net/pdo-receives-delegation-from-state-council-2) - MUSCAT: Petroleum Development Oman (PDO) hosted on Tuesday, February 21, 2023, a delegation of State Council members on an official visit to its Mina Al Fahal headquarters, headed by the Chairman of the State Council Shaikh Abdul Malik bin Abdullah al Khalili. A senior PDO management team, headed by Managing Director Steve Phimister, gave an
- [Oman’s geothermal strategy to make headway this year: SLB](https://energyoman.net/omans-geothermal-strategy-to-make-headway-this-year-slb) - MUSCAT: The potential to harness and develop Oman’s largely untapped geothermal resources is among a portfolio of billion-dollar business opportunities that global technology giant SLB (previously known as Schlumberger) is targeting as part of its New Energy unit. According to Gavin Rennick, President of SLB New Energy, an Oman-centric geothermal initiative, first unveiled late last
- [Masdar inaugurates 200MW Baynouna Solar Park in Jordan](https://energyoman.net/masdar-inaugurates-200mw-baynouna-solar-park-in-jordan-2) - AMMAN: The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan. The inauguration was held in the presence of Bisher
- [Japanese corporation to explore role in Oman green ammonia project](https://energyoman.net/japanese-corporation-to-explore-role-in-oman-green-ammonia-project-2) - MUSCAT: A Memorandum of Understanding (MoU) signed recently by Japanese heavy engineering manufacturer IHI Corporation with Indian green energy developer ACME Group could potentially see the former participating in a green ammonia project backed by the latter and currently under development in the Sultanate of Oman. Green Hydrogen and Chemicals Company (GHC), a joint venture
- [Dhofar Governorate Hosts Final Abraj IPO Introductory Session](https://energyoman.net/dhofar-governorate-hosts-final-abraj-ipo-introductory-session-2) - The Initial Public Offering (IPO) of Abraj Energy Services, a subsidiary of OQ, the Global Integrated Energy Group, enters its second week on Monday and ends on 1st March 2023 for the small investor category, while the large investors subscription ends on 2nd March 2023. As part of its IPO introductory sessions tour, the company
- [Brooge Energy and Siemens Energy to build Solar PV lant for Green Ammonia project in Abu Dhabi](https://energyoman.net/brooge-energy-and-siemens-energy-to-build-solar-pv-lant-for-green-ammonia-project-in-abu-dhabi) - Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, has announced a partnership with Siemens Energy to build a PV solar farm to supply its Green Hydrogen and Green Ammonia project in Abu Dhabi, United Arab Emirates. Brooge Renewable Energy (BRE), a subsidiary of Brooge Energy, and Siemens Energy will work together to build up to
- [ADNOC announces minority stake sale in ADNOC Gas on ADX](https://energyoman.net/adnoc-announces-minority-stake-sale-in-adnoc-gas-on-adx) - ABU DHABI: ADNOC, a trusted and responsible provider of low-emission energy, has announced its intention to offer a 4 percent minority stake in ADNOC Gas, its global gas processing, operation and marketing company, for an initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). Subscription to the offered shares is expected to start
- [Abraj Energy Services expands regional presence](https://energyoman.net/abraj-energy-services-expands-regional-presence-2) - MUSCAT: Abraj Energy Services SAOC (under transformation), the market leader in the Oil & Gas drilling and explorations sector in Oman, signed a strategic partnership with Saudi Arabian Chevron and Kuwait Gulf Oil Company aimed at enhancing opportunities between the two parties through drilling and oil extraction for a period of five years, by building
- [$230 bn required to unlock hydrogen export economy in Oman](https://energyoman.net/230-bn-required-to-unlock-hydrogen-export-economy-in-oman) - MUSCAT: Oman’s National Strategy for an Orderly Transition to Net Zero envisions the need for an additional $230 billion in investments to help unleash the country’s full potential as a global scale green hydrogen exporter. This is on top of investments to the tune of $190 billion that will be necessary to fund the nation’s
- [Abraj Energy IPO garners biggest response](https://energyoman.net/abraj-energy-ipo-garners-biggest-response-2) - MUSCAT: Eng. Ayad bin Ali Al Balushi, Chairman of the Board of Directors of Abraj Energy Services, announced that the final offer price of Abraj shares was set at 0.249 Omani riyals per share, to be the highest level of the previously announced offering price range due to the high demand from both individuals and
- [Efforts to uncover lithium deposits in Oman](https://energyoman.net/efforts-to-uncover-lithium-deposits-in-oman-2) - MUSCAT: Work is underway to delineate a new set of mining blocks to be offered for investment in the first quarter of this year, according to the Ministry of Energy and Minerals. The proposed blocks will target the production of chrome ore, copper ore, limestone and other ores. Dr Salah bin Hafeez al-Dahab (pictured), Director
- [Grace, Sohar University and OQ celebrate launch of DCR pilot plant](https://energyoman.net/grace-sohar-university-and-oq-celebrate-launch-of-dcr-pilot-plant) - MUSCAT: As a global leader in refining technologies and specialty chemicals, Grace and Sohar University inaugurated a jointly operated DCR Pilot Plant at the University in Oman with a ceremony on March 16, 2023. "It's very exciting to move this 15-year partnership between Grace, Sohar University, and OQ to the next level with the installation
- [Gulf chemical industry leaders discuss 2023 priorities at GPCA Leaders Forum](https://energyoman.net/gulf-chemical-industry-leaders-discuss-2023-priorities-at-gpca-leaders-forum) - MUSCAT: Senior industry leaders from the six GCC states convened at the 3rd edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Leaders Forum to discuss the industry’s priorities in 2023 and beyond. The exclusive, c-suite event concluded on 1 March 2023 in Kempinski Hotel, Muscat, Oman under the theme, ‘Bracing for Change: GCC Chemicals
- [Maha Energy begins production testing in Block 70 onshore Oman](https://energyoman.net/maha-energy-begins-production-testing-in-block-70-onshore-oman) - Swedish energy firm Maha Energy has begun production testing on Block 70, in the Sultanate of Oman. The production test will include all eight new production wells drilled in the 2022/2023 drilling program. The production test will start with the Mafraq-9 well. Biweekly, a new well will be added to the test until all new
- [Oman signs Green Hydrogen projects worth $20 billion](https://energyoman.net/oman-signs-green-hydrogen-projects-worth-20-billion-2) - MUSCAT: In a significant step towards achieving sustainable energy goals, HE Eng. Salim Al-Aufi Chairman of Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman, signed multiple term sheets with a number of developers in Green Hydrogen Projects. This milestone follows the preliminary agreements signed with these leading energy companies (referred to as “Legacy Initiatives”)
- [Oman’s first hybrid hydrogen station to be located near Muscat International Airport in 2024](https://energyoman.net/omans-first-hybrid-hydrogen-station-to-be-located-near-muscat-international-airport-in-2024) - MUSCAT: During Oman Sustainability Week, Oman Shell and Oman Airports Management Company announced land allocation for Shell’s Green Hydrogen for Mobility project. The land assigned for this project is owned by Civil Aviation Authority (CAA) and is located near Oman International Airport. Construction will commence as soon as the necessary permits are secured, with the
- [PDO unveils new low-carbon vision](https://energyoman.net/pdo-unveils-new-low-carbon-vision-2) - Petroleum Development Oman (PDO) has unveiled its new corporate Purpose and Strategy, outlining how it will continue to serve Oman and deliver value to the Sultanate in a rapidly changing and volatile energy landscape. The Company's new purpose- "Building a sustainable and low-carbon future to maximise value for Oman"-replaces its previous vision and mission which
- [Tethys Oil targets first oil from Block 56](https://energyoman.net/tethys-oil-targets-first-oil-from-block-56-2) - MUSCAT: An extended well test targeting a promising oil discovery in Block 56 in the southeast of the Sultanate of Oman is slated for commissioning next week, marking the start of a months-long effort by operator Tethys Oil to unlock the full hydrocarbon potential of the field. Commercial development of the Al Jumd discovery, among
- [TPO celebrates five years of training excellence](https://energyoman.net/tpo-celebrates-five-years-of-training-excellence-2) - MUSCAT: Takatuf Petrofac Oman (TPO), a Muscat-based technical training institute specializing in providing hands-on technical training and national and international qualifications for technicians working in the Energy and Manufacturing sectors, celebrated its fifth anniversary at its state-of-the-art facility. Established in 2018 by Takatuf, Oman’s leading People Consultancy firm; and joint venture partner Petrofac, a leading
- [French-Korean consortium wins bid for Oman’s $460m solar project in Manah](https://energyoman.net/french-korean-consortium-wins-bid-for-omans-460m-solar-project-in-manah-2) - MUSCAT: The partnership of EDF Renewables, a global leader in clean energy development, and Korea Western Power Co Ltd (KOWEPO), a key player in South Korea’s power sector, has won an award to construct and operate a major solar PV-based Independent Power Project (IPP) in the Wilayat of Manah in the Sultanate of Oman’s Al
- [Hyundai breaks ground on Aramco’s $7bn Korean petchem project](https://energyoman.net/hyundai-breaks-ground-on-aramcos-7bn-korean-petchem-project-2) - RIYADH: Korean engineering and construction major Hyundai E&C has broken ground on Saudi oil giant Aramco's mega petrochemical project in South Korea being set up at an investment of $7 billion. To be located in Ulsan city, the Shaheen Project will convert crude oil into 3.2 million tonnes per annum of petrochemical feedstock. The key
- [Oman launches 2023 Licensing Round for three Oil & Gas blocks t](https://energyoman.net/oman-launches-2023-licensing-round-for-three-oil-gas-blocks-t) - MUSCAT: The Ministry of Energy and Minerals announced on 26th March 2023 the launch of its latest Licensing Round, which offers three onshore oil and gas concession areas for investment by local and international local companies. Submissions close on 25th June 2023, the Ministry said in a statement. Brief details about the Blocks on offer
- [Oman malls invest in solar power to offset energy costs](https://energyoman.net/oman-malls-invest-in-solar-power-to-offset-energy-costs-2) - MUSCAT: A growing number of shopping malls and commercial complexes are moving to harness the sun’s energy to power their establishments and reduce their dependence on subsidy-free electricity supply from the local grid. The switch to green electricity will not only contribute to lower energy bills for these establishments, but crucially also bolster their reputation
- [Oman targets 1 GW of new wind energy projects by 2030](https://energyoman.net/oman-targets-1-gw-of-new-wind-energy-projects-by-2030-2) - MUSCAT: The Sultanate of Oman has lined up for implementation a flurry of wind-based Independent Power Projects (IPPs), offering an aggregate of over 1 gigawatt (GW) of capacity, by 2030. Together with a raft of new solar-based IPPs, and a first-of-its-kind Waste-to-Energy project envisioned at Barka, these new ventures will enable the power sector to
- [Omani crude output averages 1.06 million bpd in Feb](https://energyoman.net/omani-crude-output-averages-1-06-million-bpd-in-feb-2) - MUSCAT: A team of students from Sultan Qaboos University (SQU) have invented a technique by using graphene and polymer materials, as an alternative to silicon, to manufacture solar and photovoltaic cells. This method improves the efficiency of solar systems by up to 60 percent. The innovation was developed by students Aisha Al-Wahaibi, Mozn Al-Abrai, Al-Hasna
- [500 MW Gulf of Suez 2 wind farm project achieves a major milestone in Egypt](https://energyoman.net/500-mw-gulf-of-suez-2-wind-farm-project-achieves-a-major-milestone-in-egypt-2) - CAIRO: On 3 April 2023, the Red Sea Wind Energy Consortium achieved financial close, a significant milestone on the new 500 MW Gulf of Suez Wind Farm near Ras Ghareb, Egypt. The consortium will operate and maintain the wind farm under a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), the
- [ADNOC Drilling secures $412 million Integrated Drilling Services contract](https://energyoman.net/adnoc-drilling-secures-412-million-integrated-drilling-services-contract-2) - ABU DHABI: ADNOC Drilling Company PJSC has confirmed the award of a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore commencing in the second quarter of 2023. ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore
- [Bids invited for 3 new mining sites in Dhofar](https://energyoman.net/bids-invited-for-3-new-mining-sites-in-dhofar-2) - MUSCAT: The Ministry of Energy and Minerals has invited bids for mining sites located within the Ayoun area in Dhofar Governorate. Omani companies with prior experience in mining sector projects are eligible to participate in the bidding process, the Ministry said in a post. The bidding will cover three mining sites of areas 1.72 km²,
- [CCED advances 3D seismic acquisition in Blocks 3 & 4](https://energyoman.net/cced-advances-3d-seismic-acquisition-in-blocks-3-4-2) - MUSCAT: As it continues to step up its oil and gas exploration and exploitation efforts, CC Energy Development (CCED) recently announced that the acquisition of the first phase of a new high-quality three-dimensional (3D) seismic data has been completed. Using the latest nodal technology, CCED is undertaking the World’s largest onshore 3D seismic node survey
- [Japanese firms to set up low-carbon iron metallics project in Oman](https://energyoman.net/japanese-firms-to-set-up-low-carbon-iron-metallics-project-in-oman) - MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ）signed a Memorandum of Understanding (MoU) with Kobe Steel, a leading Japanese steelmaker, and Mitsui & Co, Ltd, a global trading investment company, to develop a low CO2 iron metallics project in the Special Economic Zone at Duqm (SEZAD). At the same time, Kobe
- [Oman crude deliveries via DME jump 18% in Q1](https://energyoman.net/oman-crude-deliveries-via-dme-jump-18-in-q1-2) - MUSCAT: Physical deliveries of Omani crude via the exchange delivery mechanism of the Dubai Mercantile Exchange (DME) rose 18 per cent to 63.77 million barrels during the first quarter of this year, the UAE-based exchange announced on Thursday. This compares with physical deliveries of 54.01 million barrels handled during the same period last year. DME,
- [Trial operation begins of Crude Oil Distillation Unit at Duqm Refinery](https://energyoman.net/trial-operation-begins-of-crude-oil-distillation-unit-at-duqm-refinery-2) - Oman’s OQ mandated to help decarbonize oil firms, industrial clusters MUSCAT: Duqm Refinery and Petrochemical Industries Company (OQ8) has announced the start of the trial operation of the crude oil distillation unit at Duqm Refinery. This step paves the way for operational readiness for all Duqm Refinery units, the most significant investment project in the
- [Oman weighs Concentrated Solar Power project at Duqm](https://energyoman.net/oman-weighs-concentrated-solar-power-project-at-duqm-2) - MUSCAT: A first-of-its-kind Concentrated Solar Power (CSP) project is envisioned for development near Duqm in Al Wusta Governorate as part of Oman’s pivot away from gas-powered electricity generation to renewables-based sources. The initiative, subject to the findings of a feasibility study, will add to a mixed portfolio of renewable resources and technologies being explored by
- [Hy-Fly to support growth of Hydrogen Hubs in Oman](https://energyoman.net/hy-fly-to-support-growth) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Hy-Fly to support growth of Hydrogen Hubs in Oman MUSCAT: Oman’s National Hydrogen Alliance (Hy-Fly),
- [UK Export Finance pledges support for Oman’s green energy goals](https://energyoman.net/uk-export-finance-pledges-support-for-omans-green-energy-goals) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe UK Export Finance pledges support for Oman’s green energy goals MUSCAT: UK Export Finance (UKEF),
- [PDO, OQ conduct hydrogen-based heavy mobility feasibility study](https://energyoman.net/pdo-oq-conduct-hydrogen-based-heavy-mobility-feasibility-study) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe PDO, OQ conduct hydrogen-based heavy mobility feasibility study Decarbonisation goal: Oilfield heavy duty vehicles account
- [Register climate mitigation projects to secure carbon credits: Carbon Council](https://energyoman.net/register-climate-mitigation-projects-to-secure-carbon-credits-carbon-council) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Register climate mitigation projects to secure carbon credits: Carbon Council MUSCAT: The Global Carbon Council
- [Oman inks deal for two new LNG carriers worth over $500m](https://energyoman.net/oman-inks-deal-for-two-new-lng-carriers-worth-over-500m) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Oman inks deal for two new LNG carriers worth over $500m Diversified fleet: Asyad Shipping
- [Mwasalat signs pacts to pilot hydrogen, biofuel use](https://energyoman.net/mwasalat-signs-pacts-to-pilot-hydrogen-biofuel-use) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Mwasalat signs pacts to pilot hydrogen, biofuel use Anniversary milestone: MoUs and agreements to help
- [MDO completes first phase of airborne geophysical survey in Masirah Island](https://energyoman.net/mdo-completes-first-phase-of-airborne) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe MDO completes first phase of airborne geophysical survey in Masirah Island MUSCAT: Minerals Development Oman
- [Oman’s OQ Group weighs blue ammonia production from Omifco plant](https://energyoman.net/omans-oq-group-weighs-blue-ammonia-production-from-omifco-plant) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Oman’s OQ Group weighs blue ammonia production from Omifco plant Promising prospects: State-owned energy conglomerate
- [Alshawamikh Oil Services receives first batch of bio-diesel from Wakud refinery](https://energyoman.net/alshawamikh-oil-services-receives-first-batch-of-bio-diesel-from-wakud-refinery) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Alshawamikh Oil Services receives first batch of bio-diesel from Wakud refinery MUSCAT: Alshawamikh Oil Services,
- [Mwasalat operates ‘Green Bus’ fueled by biodiesel from date palm kernels](https://energyoman.net/mwasalat-operates-green-bus-fueled-by-biodiesel-from-date-palm-kernels) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Mwasalat operates ‘Green Bus’ fueled by biodiesel from date palm kernels MUSCAT: The Sultan Qaboos
- [Oman LNG signs 3 binding term-sheet agreements with Japan](https://energyoman.net/oman-lng-signs-3-binding-term-sheet-agreements-with-japan) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Oman LNG signs 3 binding term-sheet agreements with Japan MUSCAT: Oman LNG announced on Tuesday
- [Oman, Japan ink pacts on green energy, methanation](https://energyoman.net/oman-japan-ink-pacts-on-green-energy-methanation) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Oman, Japan ink pacts on green energy, methanation MUSCAT: The Sultanate of Oman, represented by
- [Fitch Rates Energy Development Oman SAOC](https://energyoman.net/fitch-rates-energy-development-oman-saoc) - Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us Home About Us EOSI Events GHSO 2023 CCUS Forum 2023 Archive Media Interviews Press Releases Publications Advertise Contact Us [current_date] Subscribe Fitch Ratings - Warsaw - 22 Aug 2022: Fitch Ratings has assigned Energy Development Oman
- [Energy Development Oman receives positive inaugural ratings from S&P](https://energyoman.net/trumps-public-schedules-show-little-interest-in-work-as-he-protests-bidens-legitimate-election) - MUSCAT: Energy Development Oman (EDO) has achieved a new milestone bybeing assigned a BB- long term issuer credit rating with stable outlook to theOmani company from S&P Global Ratings, which is the same as the Omansovereign rating. The international credit rating agency S&P’s stand-alone credit profile assessmentof EDO is bbb- which is an investment grade
- [Oman’s first rooftop solar PV I-REC registration announced](https://energyoman.net/omans-first-rooftop-solar-pv-i-rec-registration-announced) - New recognition: Al Madina Logistics Services Company (AMLS) becomes first local firm toregister a rooftop solar photovoltaic power system with the I-REC Standard Foundation’sinternational renewable energy tracking system. MUSCAT: The growth of renewable energy in the Sultanate of Oman continues to rise yearupon year with the addition of wind projects, small-scale solar projects, as well

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