Hydrogen Oman (Hydrom) has taken a major leap forward in the green hydrogen sector by signing three groundbreaking agreements worth over $20 billion.
The agreements, sealed with Amnah and Oman Green Energy Alliance, as well as BP Oman, are set to establish three major green hydrogen projects in Oman’s Al Wusta Governorate.
With a combined area spanning 320 square kilometers per project, the ambitious projects are expected to produce an astounding half a million metric tons of green hydrogen, equivalent to a remarkable 12 gigawatts of renewable energy production capacity.
The investments have been strategically aligned with Oman’s drive to meet the 2030 target of 1 million tons per annum of green hydrogen production.
As part of the auction requirements, the winning developers are tasked with delivering integrated projects that encompass the entire green hydrogen value chain.
This entails renewable energy production, hydrogen production, hydrogen derivatives conversion, and offtake.
Hydrom’s recent social media updates revealed that the first project was awarded to the Amnah consortium, the victor of the initial round public auction for block Z1-01.
The consortium consists of Copenhagen Infrastructure Partners, Blue Power Partners, and Al Khadra Partners.
In another significant move, the agreement for the second project was inked with BP Oman for block Z1-03.
Two additional agreements were also signed to secure the rights for land use and potential project expansion.
The final project was awarded to the Green Energy Oman (GEO) consortium, winners of block Z1-04. The consortium comprises Oman Shell, OQ, EnerTech, Intercontinental Energy, and Golden Wellspring Wealth for Trading.
“These crucial steps position Oman at the forefront of nations embarking on ambitious green hydrogen production,” said Salem Al Aufi, Omani Minister of Energy and Minerals.
He added that Oman had completed the regulatory framework and the hydrogen sector’s structural organisation.
Parallel to this, the Oman Energy Development Company signed a memorandum of understanding with German energy giant Siemens to foster collaboration in hydrogen-related research and capitalise on global expertise.
Hydrom, a subsidiary of Energy Development Oman (EDO), also entered into a memorandum of understanding with OQ Gas Networks Company to explore the development of green hydrogen pipelines, reinforcing their commitment to future cooperation.
These groundbreaking developments come at a time when multiple countries in the region, including Egypt, the UAE, and Saudi Arabia, are actively pursuing green hydrogen production projects.
