OMAN is setting a robust example in the global transition to renewable energy with its ambitious green hydrogen strategy.
The country is poised to become a leading global hub for green hydrogen, leveraging its abundant renewable energy resources, strategic geographic location, and clear, actionable plans.
This comprehensive approach aims to diversify the economy, ensure energy security, and contribute significantly to global decarbonisation efforts.
Oman's Green Hydrogen Strategy delineates a path toward significant contributions to both local and global hydrogen markets.
By 2030, Oman targets an impressive production capacity of 1 to 1.5 million tonnes per annum (mtpa) of green hydrogen, scaling up to 8-15 mtpa by 2040 and eventually reaching 35-40 mtpa by 2050.
These ambitious targets are underpinned by investments exceeding $38 billion, aimed at building infrastructure, developing shared facilities, and ensuring a competitive levelised cost of hydrogen (LCOH) for export markets.
RENEWABLE RESOURCES & INFRASTRUCTURE
Oman is endowed with some of the world’s best renewable resources. The country has allocated around 50,000 sq km of land specifically for green hydrogen projects, with regions like Duqm, Sohar, and Dhofar earmarked for extensive renewable energy development.
Wind and solar resources in these areas are exceptionally favorable, with wind speeds up to 11 m per second and solar irradiation exceeding 2,400 kWh/sq m.
To support this vast potential, Oman is developing a comprehensive infrastructure network. This includes the establishment of shared facilities such as electricity transmission lines, water pipelines, and hydrogen transport systems. Hydrom, Oman’s dedicated entity for green hydrogen, plays a pivotal role as the central orchestrator, managing policies, auctions, and the development of this infrastructure.
هذه القصة مأخوذة من طبعة July 2024 من Oil and Gas News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 2024 من Oil and Gas News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
MAINTCON to drive resilience in asset management
THE 7th International Maintenance, Reliability, and Asset Management Conference (MAINTCON 2024), being held from October 13-16 at Exhibition World Bahrain, is set to be a landmark event in the industry.
Honeywell, Samsung E&A to reduce power plant emissions
HONEYWELL and Samsung E&A have announced a joint marketing initiative to reduce carbon emissions in the global power plant sector. The initiative aims to combat climate change and align Honeywell's portfolio with three megatrends, including the energy transition.
New EPIC Flex Orbit System boosts downhole completion
GEODYNAMICS, a global leader in perforating, downhole completion, intervention, and wireline conveyed solutions, has launched its EPIC Flex Orbit Perforating System.
MHI upgrades its CO2MPACT series
MITSUBISHI Heavy Industries (MHI) has renewed its CO2MPACT series, a commercially available decarbonisation solution for various industries.
Viking Completion finishes gas project in Germany
VIKING Completion Technology, a leading supplier of well completion equipment and services, has completed a significant gas storage project in Germany.
Sanicro 35 alloy offers strong structural stability
ALLEIMA has introduced Sanicro® 35, a super austenitic alloy that bridges the gap between conventional stainless steels and higher-cost nickel alloys.
ROC is advancing energy with Congo LNG
THE Republic of the Congo (ROC) is making significant strides in its energy sector, with the successful start-up of its Congo LNG development and Moho Nord field expansion project.
ANPG and Sonangol launch Kwanza Basin campaign
ANGOLA'S National Oil, Gas & Biofuels Agency (ANPG) and national oil company Sonangol have launched a 45-day geological data acquisition campaign in the onshore Kwanza Basin to identify the country's largely unexplored hydrocarbon potential.
Namibia's O&G sector is Africa's next big play
NAMIBIA, a nation known for its stunning landscapes and abundant wildlife, is rapidly emerging as a top destination for oil and gas exploration and investment.
Fossil fuels revenue loss could cost Africa: Paper
IN a recent commentary, Dr Oramah, President and Chair of Afreximbank presented a nuanced view on the urgent need for climate action in Africa while acknowledging the continent's reliance on fossil fuels.