SUBSCRIBE
PROFILE

Oman bets on hydrogen to attract international investors

Oman hosts its first gH2 Investors Day to showcase concrete projects and investment opportunities in a rapidly growing energy sector.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

SUBSCRIBE

Oman is positioning itself as a strategic player in hydrogen development, a sector attracting massive investments globally. In December 2024, Hydrom, the entity dedicated to advancing this sector, will host the first gH2 Investors Day. This event will bring together industry leaders and investors to explore ongoing projects and identify new investment opportunities.

Hydrom will provide a comprehensive overview of current initiatives, including preparations for the third bidding round scheduled for early 2025. This round is expected to pave the way for new projects, strengthening Oman’s position in the global supply chain. Among its flagship collaborations, the agreement signed with the Port of Amsterdam during COP28 aims to establish a commercial hydrogen liquid route between Oman and Europe, reflecting the country’s international ambitions.

Structural projects and strong partnerships

To date, Oman has secured agreements for eight major hydrogen projects involving 22 international companies, with a combined investment of $49 billion. These projects aim to achieve an annual production of 1.5 million tons by 2030, addressing growing demand in international markets.

To maximize the impact of these investments, Hydrom has developed a streamlined regulatory framework and implemented shared infrastructure, reducing costs for operators while expediting project execution. These initiatives also enhance the country’s attractiveness for future industrial partnerships.

A structured ecosystem for the future

The Sultanate has also launched a multisectoral program to support the development of this sector. This program includes initiatives aimed at simplifying administrative procedures, developing local skills, and improving logistics. The “single permit system” introduced by Hydrom centralizes approvals, providing a clear and efficient framework for investors.

With these efforts, Oman consolidates its role as a regional and global energy hub. The gH2 Investors Day will showcase the progress made and strengthen relationships with long-term strategic partners.

  • Popular on energynews.pro
Funds Push European Carbon Positions to Highest Since April
OT Cyberattacks: Energy Sector Faces $329 Billion in Risks
An Elliott affiliate raises bid to $8.82bn for Citgo’s parent company
Surveys for Kazakhstan’s first nuclear power plant enter active phase
EnBW maintains 2025 guidance despite 7% drop in EBITDA
Endua secures $4.88mn funding to accelerate hydrogen electrolyser manufacturing
Endua, an Australian technology company, has received $4.88mn in public funding to strengthen its capacity to produce modular hydrogen electrolysers, supporting the expansion of local supply chains and industrial development within the hydrogen sector.
United States: HydrogenXT secures $900mn financing to launch ten hydrogen sites
HydrogenXT secures a $900mn agreement with Kell Kapital Partners Limited to develop the first ten local zero-carbon blue hydrogen plants along key logistics corridors in the United States.
Elogen delivers 2.5 MW electrolyser for CrossWind energy hub
Elogen completes delivery of a 2.5 MW proton exchange membrane electrolyser for the Baseload Power Hub, linked to the Hollandse Kust Noord offshore wind farm and operated by CrossWind joint venture.
FRV partners with Envision for a 500MW green ammonia project in Brazil
Fotowatio Renewable Ventures joins forces with Envision Energy for the H2 Cumbuco project, aiming for a 500MW green ammonia plant targeting Brazilian, European, and Asian markets.
Element 2 entrusts HRS with a new mobile hydrogen station for the Glasgow region
Element 2 strengthens its partnership with HRS to install a mobile hydrogen station in Glasgow, as part of its expansion strategy for its refuelling network in the United Kingdom and Ireland.
Allianz anticipates a hydrogen insurance market exceeding USD3bn by 2030
Global hydrogen development, supported by more than 1,500 ongoing projects and significant investments, is driving strong demand for insurance coverage, with potential estimated at over USD3bn in annual premiums by 2030.
ArcelorMittal Brazil launches innovative hydrogen project with Utility Global in Juiz de Fora
ArcelorMittal Brazil begins a collaboration with Utility Global to develop a clean hydrogen project using the patented H2Gen system, aimed at producing up to 3 tons per day at the Juiz de Fora plant.
ENERTRAG invests €300 mn in 130 MW green hydrogen site in Prenzlau
ENERTRAG announces the acquisition of a plot in Prenzlau to install a 130 megawatt green hydrogen production unit, with a planned investment of €300 mn, thereby supporting the regional economy and local industrial sector.
H2APEX raises EUR30mn to boost Lubmin hydrogen project and acquire HH2E Werk
H2APEX Group SCA has completed a EUR30mn ($32.5mn) capital increase to finance the acquisition of HH2E Werk Lubmin GmbH and support the development of its hydrogen project in Germany. —
Next Hydrogen launches Ontario’s largest onsite clean hydrogen refuelling station
Next Hydrogen launches the largest onsite clean hydrogen production and distribution station in Ontario, capable of supplying up to 650 kg per day for powering fuel cell forklifts.
Envision Energy launches the world’s first green ammonia marine bunkering in China
A 5,500-horsepower harbour vessel was bunkered with green ammonia at the Dalian terminal, marking the creation of a full value chain for this fuel and a technical milestone for the maritime sector.
Air Liquide invests over €500 mn in giant electrolyser in the Netherlands
Air Liquide begins construction of the ELYgator electrolyser in Rotterdam, a 200 MW project, supported by the Dutch government and an investment exceeding €500 mn.
German researchers test offshore green hydrogen production using raw seawater
A pilot project in Germany aims to produce green hydrogen at sea directly from untreated seawater on offshore wind farms, using marine bacteria and robust materials.
BP ends its involvement in the 26 GW AREH hydrogen project in Western Australia
BP withdraws from the Australian Renewable Energy Hub, a major renewable hydrogen and ammonia project in the Pilbara region, marking a new stage for energy investments in Australia.
Next Hydrogen secures CAD1.5mn financing to support its operations
Next Hydrogen raises CAD1.5mn from its management and a commercial lender to strengthen its cash flow and retain teams, while maintaining its review of financial and strategic solutions.
Lhyfe raises €2.5mn from citizens to support green hydrogen in Europe
The first European citizen funding campaign dedicated to green hydrogen enabled Lhyfe to collect €2.5mn from nearly 1,200 investors, strengthening the development of new sites in France and Germany.
The Future of Energy Flexibility: The Growing Role of Power-to-Hydrogen-to-Power (PtP) Technology
In the face of renewable energy intermittency, Power-to-Hydrogen-to-Power (PtP) technology could revolutionize energy storage. However, its adoption still depends on cost reduction and efficiency improvements.
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
South Korean company YPP and Kazakh Invest have signed a framework agreement for the development of a green hydrogen production project in Kazakhstan, with investments potentially reaching $3.1 billion.
HyCC secures Dutch subsidy for its 90 MW H2eron hydrogen project
The Dutch government has granted major funding to HyCC for its H2eron electrolysis project, aimed at producing renewable hydrogen in the Delfzijl industrial zone.
Saudi Arabia signs agreements to export green hydrogen and electricity to Europe
ACWA Power has signed several agreements with European partners to develop a green energy export chain between Saudi Arabia and Europe, as part of the India-Middle East-Europe Economic Corridor project.
Consent Preferences