BP to acquire 49% in Oman’s Hyport Duqm green hydrogen project
Oman plans to produce 1.38 mn tons of hydrogen annually by 2030
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Oman plans to produce 1.38 mn tons of hydrogen annually by 2030
The AED 3.3 bn acquisition is one of Spain’s biggest ever renewables transactions
The sale will be worth at least USD 3 bn
CMR has 16 months to conduct geochemical, geophysical, and drilling activities before making the main acquisition payment.
The acquisition is the first joint investment between the two companies for a large-scale renewable energy project in Central Asia
Aramco can offtake hydrogen and nitrogen as part of the transaction
Genius Metals will make payments totalling CAD 250k and incur work commitments of CAD 225k over three years
BiOD operates the only biodiesel refinery in the region
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