{"id":77280,"date":"2023-05-07T22:52:42","date_gmt":"2023-05-07T22:52:42","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/05\/07\/omans-ramping-up-carbon-capture-and-storage-and-exploring-blue-hydrogen-production-plus-egypts-courting-investments-in-saf-production-and-biodiesel\/"},"modified":"2023-05-07T22:52:42","modified_gmt":"2023-05-07T22:52:42","slug":"omans-ramping-up-carbon-capture-and-storage-and-exploring-blue-hydrogen-production-plus-egypts-courting-investments-in-saf-production-and-biodiesel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/05\/07\/omans-ramping-up-carbon-capture-and-storage-and-exploring-blue-hydrogen-production-plus-egypts-courting-investments-in-saf-production-and-biodiesel\/","title":{"rendered":"Oman\u2019s ramping up carbon capture and storage and exploring blue hydrogen production PLUS: Egypt\u2019s courting investments in SAF production and biodiesel"},"content":{"rendered":"<p><strong>Oman\u2019s PDO enters CCUS technology: <\/strong>State-owned Petroleum Development Oman (PDO) is embarking on a plan to utilize carbon capture, utilization and storage (CCUS) methods as part of the country\u2019s plans to achieve a net zero future, <a href=\"https:\/\/www.omanobserver.om\/article\/1136704\/business\/energy\/pdo-to-diversify-into-carbon-capture-blue-hydrogen-in-oman\">Oman Daily Observer<\/a> quotes PDO Managing Director Steve Phimister as saying. The country\u2019s largest oil and gas producer is also looking into blue hydrogen production. The two initiatives should help bring in new revenue streams for the country, Phimister said.<\/p>\n<p><strong>About the plan: <\/strong>PDO aims to focus on the \u201cutilization\u201d part of CCUS, he said. \u201cThat means building up the infrastructure and the capabilities to use that CO2, mainly for enhanced oil recovery (EOR) practices,\u201d he said. It will then focus on carbon sequestration through several sites owned by the company, including undisclosed aquifer-based sites or depleted reservoirs, he added.<\/p>\n<p><strong>REMEMBER-<\/strong> <strong>We\u2019ve been expecting this:<\/strong> PDO and Shell Oman <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/oman-shell-and-pdo-collaborate-to-study-ccus-in-oman-dlakckvs\">signed an MoU<\/a> last year for a joint study assessing CCUS opportunities in the country. The study covered technical matters, project timeframe and cost, and support for a regulatory and fiscal framework for CCUS in Oman.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Egypt courting sustainable aviation fuel and biodiesel investments:<\/strong> CEO of Egypt\u2019s Waste Management Regulatory Agency Tarek El-Araby met with representatives from state-owned Petrochemical Holding Company to discuss potentially investing USD 200 mn to recycle cooking oils to produce sustainable aviation fuel and biodiesel, according to a <a href=\"https:\/\/www.facebook.com\/EGY.Environment\/posts\/pfbid0oZUZb7DNCxbWZc7rNzKZWcbVJHneHWDhqU9MSRL8b2n8QnU54kJJRUgJLXs9kbSul\">statement<\/a> released last week. Representatives of used oil collection companies also attended the meeting, which was held as part of the Environment Ministry\u2019s efforts to implement an integrated management system for used oils to reduce their negative effects on the waste system, the statement notes.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>KSA\u2019s Industry and Mineral Resources Minister <\/strong>Bandar Al Khorayef participated in a <strong>round table discussion<\/strong> with over <strong>15 Swiss companies<\/strong> in efforts to strengthen trade relations. (<a href=\"https:\/\/www.spa.gov.sa\/7464d8a5dbd\">Saudi Press Agency<\/a>)<\/li>\n<li><strong>Vice President of Vietnam Vo Thi Anh Xuan<\/strong> met with <strong>Masdar CEO Mohamed <\/strong><strong>Al Ramahi<\/strong> where the two discussed potential <strong>renewables<\/strong> <strong>collaboration<\/strong>. (<a href=\"https:\/\/twitter.com\/Masdar\/status\/1654199963415465987\">Twitter<\/a>)<\/li>\n<li><strong>Jordanian<\/strong> micro mobility provider<a href=\"https:\/\/eridejo.com\/\"><\/a><strong><a href=\"https:\/\/eridejo.com\/\">E-Ride Jo<\/a><\/strong> officially launched its services in the country last week. (<a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/eride-jo-launches-as-jordans-first-eco-friendly-transportation-company-dasvtody\">Statemen<\/a><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/eride-jo-launches-as-jordans-first-eco-friendly-transportation-company-dasvtody\">t<\/a>)<\/li>\n<li><strong>Israel <\/strong>approved a <strong>24 MW battery storage facility <\/strong>to be built at an <strong>estimated <\/strong><strong>cost of USD 33 mn<\/strong> in a bid to store excess power in <strong>Bnei Barak<\/strong>. (<a href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-boost-energy-storage-with-eye-facilitating-sabbath-supplies-2023-05-07\/\">Reuters<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Oman\u2019s PDO enters CCUS technology: State-owned Petroleum Development Oman (PDO) is embarking on a plan to utilize carbon capture, utilization and storage (CCUS) methods as part of the country\u2019s plans to achieve a net zero future, Oman Daily Observer quotes PDO Managing Director Steve Phimister as saying. The country\u2019s largest oil and gas producer is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77281,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[66,895,557,40,11,298,92,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-biodiesel","tag-ccus","tag-egypt","tag-enterpriseclimate","tag-hydrogen","tag-oman","tag-sustainable-aviation-fuels","wpautop","entry"],"acf":{"mongo_id":"b0736ae9-b237-4334-a3bf-8afd9ee2f2de","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/3\/162.jpg","photo_position":"above","related_issue":[77262],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oman\u2019s ramping up carbon capture and storage and exploring blue hydrogen production PLUS: Egypt\u2019s courting investments in SAF production and biodiesel - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/05\/07\/omans-ramping-up-carbon-capture-and-storage-and-exploring-blue-hydrogen-production-plus-egypts-courting-investments-in-saf-production-and-biodiesel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman\u2019s ramping up carbon capture and storage and exploring blue hydrogen production PLUS: Egypt\u2019s courting investments in SAF production and biodiesel\" \/>\n<meta property=\"og:description\" content=\"Oman\u2019s PDO enters CCUS technology: State-owned Petroleum Development Oman (PDO) is embarking on a plan to utilize carbon capture, utilization and storage (CCUS) methods as part of the country\u2019s plans to achieve a net zero future, Oman Daily Observer quotes PDO Managing Director Steve Phimister as saying. 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