Oman Pushes for More Green Hydrogen

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Researched by Industrial Info Resources (Sugar Land, Texas)--Oman is investing heavily in its green hydrogen sector. The nation leads the Middle East in the production of green hydrogen and green ammonia projects, with more than US$24.5 billion worth of active and planned projects.

State-owned Hydrogen Oman LLC (Hydrom), which serves as the master planner for Oman's green hydrogen sector, will implement and develop most of the projects with major partners like Shell plc (NYSE:SHEL) (London, England), Scatec ASA (Oslo, Norway), Copenhagen Infrastructure Partners (CIP) (Copenhagen, Denmark) and BP plc (NYSE:BP) (London), among others.

Hydrom's goals are in line with Oman Vision 2040, which is the nation's plan to build a diversified, sustainable and green economy, as well as reach net-zero carbon emissions by 2050.

Industrial Info is tracking 46 green-energy capital-spending projects across Oman, with a total investment value of more than US$27.5 billion. State-owned OQ Company (Muscat, Oman) tops the list with more than US$12 billion across 23 projects, followed by BP with US$3.9 billion for six projects.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can click here for a list of detailed reports for active and planned green-energy projects across Oman, and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).