{"id":85822,"date":"2024-08-05T00:00:00","date_gmt":"2024-08-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/08\/05\/we-have-new-details-on-omans-hyport-duqm-green-hydrogen-project\/"},"modified":"2024-08-05T00:00:00","modified_gmt":"2024-08-05T00:00:00","slug":"we-have-new-details-on-omans-hyport-duqm-green-hydrogen-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/08\/05\/we-have-new-details-on-omans-hyport-duqm-green-hydrogen-project\/","title":{"rendered":"We have new details on Oman\u2019s Hyport Duqm green hydrogen project"},"content":{"rendered":"

Revised production capacities + timelines: <\/strong>Belgian dredging firm Deme reports BP\u2019s 49%<\/a>acquisition<\/a> of the Hyport Duqm hydrogen and green ammonia project will be finalized in 3Q 2024, according to a press release (pdf)<\/a> released on Thursday. The project is in the pre-front-end engineering design phase and is set to be operational in 2030-2031.<\/p>\n

The project\u2019s renewables production capacity is also larger than initially reported.<\/strong> Oman\u2019s first large-scale green hydrogen project \u2014 which will cover an area of 150 sq km at Oman\u2019s Special Economic Zone at Duqm \u2014 will be powered by solar and wind energy with an initial combined production capacity of 1.3 GW in the first phase which will expand to produce 2.7 GW upon completion of the second phase. <\/p>\n

REMEMBER- <\/strong>Oman is <\/span>targeting the production<\/a> of 1.38 mn tons of hydrogen annually by 2030. Its state-owned Hydrom signed an agreement <\/span>last year<\/a> with the Hyport Duqm Consortium \u2014 a JV between OQ Alternative Energy and DEME Concessions \u2014 for the construction of a green hydrogen production facility to produce some 1 mn tons of green ammonia. OQ Alternative Energy \u2014 the green unit of OQ \u2014 is also among the backers of the <\/span>Green Energy Oman<\/a> clean fuels hub which will aim for a production capacity of 1.8 mn tons of green hydrogen annually, supplemented by 25 GW of renewables.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The project is in the pre-front-end engineering design phase, Deme says<\/p>\n","protected":false},"author":1,"featured_media":85823,"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":[346],"tags":[11,241,39,92],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-ammonia","tag-enterpriseclimate","tag-green-ammonia","tag-green-hydrogen","tag-oman","wpautop","entry"],"acf":{"mongo_id":"715397b7-59ca-4b2a-b9db-2bb785e950c3","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/294.jpg","photo_position":"above","homepage_title":"","full_issue_title":"We have new details on Oman\u2019s Hyport Duqm green hydrogen project","related_issue":[85815],"teaser":"The project is in the pre-front-end engineering design phase, Deme says","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.a7aa2a24-8e7c-4f01-b8e0-0dc50076ceaa.mp3"},"yoast_head":"\nWe have new details on Oman\u2019s Hyport Duqm green hydrogen project - 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