{"id":77797,"date":"2023-06-05T01:00:10","date_gmt":"2023-06-05T01:00:10","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/05\/oman-awards-three-green-hydrogen-blocks-at-an-estimated-investment-ticket-of-usd-20-bn\/"},"modified":"2023-06-05T01:00:10","modified_gmt":"2023-06-05T01:00:10","slug":"oman-awards-three-green-hydrogen-blocks-at-an-estimated-investment-ticket-of-usd-20-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/05\/oman-awards-three-green-hydrogen-blocks-at-an-estimated-investment-ticket-of-usd-20-bn\/","title":{"rendered":"Oman awards three green hydrogen blocks at an estimated investment ticket of USD 20 bn"},"content":{"rendered":"

<\/a> Oman\u2019s Hydrom selects companies for three green hydrogen production plants:<\/strong> Oman\u2019s state-owned hydrogen company Hydrom<\/a> \u2014 owned by Energy Development Oman<\/a> \u2014 signed three agreements granting the first three blocks of land for planned green hydrogen plants worth USD 20 bn, Oman News Agency<\/a> (ONA) reported on Thursday. The three projects will have a cumulative production volume of 500k tons annually. The timeline for operational launch and the individual price tags have not been disclosed. Hydrom signed six binding term sheet agreements \u2014 which it said were worth in excess of USD 20 bn at the time \u2014 with several regional and international developers for the production of green hydrogen back in March<\/a>.<\/p>\n

The details: <\/strong>Each of the production facilities will span some 320 sq km and will be located in Oman\u2019s Al Wusta governorate and will collectively be powered by 12 GW of renewables projects, according to ONA. The first plant was awarded through a public auction last year to a consortium comprising Copenhagen Infrastructure Partners (CIP), Blue Power Partners (BPP) and Al Khadra. The consortium will produce 200k tons of green hydrogen annually to be used for green steel plants in the Port of Duqm, and the facility will be powered by 4.5 GW of renewable energy. The second facility \u2014 set to be powered by 3.5 GW of clean energy \u2014 has been awarded to a consortium led by BP Oman and will produce 150k tons annually. The third plant has been awarded to the Green Energy Oman consortium which includes Oman\u2019s OQ and Shell Oman. The plant is set to generate c.150k tons and will be powered by 4 GW of renewable energy.<\/p>\n

More in the pipeline: <\/strong>Hydrom \u2014 which also signed an agreement for the usufruct of concession plots with Oman\u2019s Energy and Minerals Ministry and the Housing and Urban Planning Ministry for the projects\u2014 established an advisory board tasked with managing and overseeing of utilities for the plants in coordination with the facilities\u2019 developers and Omani utility provides and undisclosed global hydrogen infrastructure developers, the news agency notes. Hydrom also signed a non-binding collaboration agreement with OQ Gas Networks (OQGN) that will see them both partner on green hydrogen pipelines established, according to ONA. Separately, Energy Development Oman (EDO) signed a knowledge transfer agreement with Siemens Energy that will see them partner on green hydrogen-related research and development projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oman\u2019s Hydrom selects companies for three green hydrogen production plants: Oman\u2019s state-owned hydrogen company Hydrom \u2014 owned by Energy Development Oman \u2014 signed three agreements granting the first three blocks of land for planned green hydrogen plants worth USD 20 bn, Oman News Agency (ONA) reported on Thursday. The three projects will have a cumulative […]<\/p>\n","protected":false},"author":1,"featured_media":77798,"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":[269],"tags":[11,39,92],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-hydrogen","tag-enterpriseclimate","tag-green-hydrogen","tag-oman","wpautop","entry"],"acf":{"mongo_id":"f55f6918-4f7c-49d1-912f-122079557fdb","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1350.jpg","photo_position":"above","related_issue":[77785],"teaser":"","voice_url":""},"yoast_head":"\nOman awards three green hydrogen blocks at an estimated investment ticket of USD 20 bn - 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\/06\/05\/oman-awards-three-green-hydrogen-blocks-at-an-estimated-investment-ticket-of-usd-20-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman awards three green hydrogen blocks at an estimated investment ticket of USD 20 bn\" \/>\n<meta property=\"og:description\" content=\"Oman\u2019s Hydrom selects companies for three green hydrogen production plants: Oman\u2019s state-owned hydrogen company Hydrom \u2014 owned by Energy Development Oman \u2014 signed three agreements granting the first three blocks of land for planned green hydrogen plants worth USD 20 bn, Oman News Agency (ONA) reported on Thursday. 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