Oman Signed $10bn Agreements for Green Hydrogen Projects

Eng Salim bin Nasser Al Aufi, Minister of Energy and Minerals (MEM) and Chairman of the Board of Directors of Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), signed two new agreements awarding green hydrogen projects in Oman.

The agreements were signed with the winning bidders of the round 1 of Oman green hydrogen auction process during a special event organised by Hydrom under the supervision of MEM.

Following the previous award of three projects earlier this month, Oman has in total awarded five large-scale green hydrogen projects, representing a total investment of more than USD 30 billion and a total production of 750 KTPA.