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bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030. —Bernard Looney, bp chief executive.
An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman.
DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman. The advantage of the location in Duqm is the availability of inexpensive renewable energy (solar and wind), as well as large, accessible sites (on- and off-shore).
European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Orsted is a global renewable energy company with activities within onshore wind, solar-pv, Power-to-X, and offshore wind, where the company is the world leader. Maersk intends to offtake the full volume produced.
In the future, hydrogen produced through water electrolysis is expected to be used to store energy as a way of compensating for solar or wind power’s intermittent output. The H 2 used in industry is mainly produced by converting natural gas (CH 4 ), which has the downside of emitting CO 2. Geophysical Research Abstracts Vol. 15, EGU2013-5553.
The Jindal Steel Group, to which Vulcan Green Steel belongs, is a diversified industrial conglomerate with steel, iron ore mining and energy operations as well as activities in India, Oman, Africa and Australia. Starting in 2027, Vulcan Green Steel will produce automotive grades and other high-strength steels in Oman.
Historically, prevailing wind shear patterns prohibit cyclones in the Arabian Sea from becoming major storms. The Nature paper suggests that weakening winds have enabled the formation of stronger cyclones in recent years—including storms in 2007 and 2010 that were the first recorded storms to enter the Gulf of Oman.
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