Latest news with #ASYADGroup
Zawya
26-05-2025
- Business
- Zawya
Dubai's DP World to develop new special economic zone in Oman
Dubai-based DP World will oversee the development of the first phase of the special economic zone (SEZ) in Al-Rawda in Oman. The state-owned Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed an agreement with Mahdah Development Company, represented by DP World, for the development and operations of the first phase, OPAZ said in a post on the X platform. The agreement for the first phase of the SEZ will extend for 50 years and cover 14 square kilometres ( sq km) The SEZ, which will cover a total area of 56.8 sq km, aims to boost trade links between Oman's Sohar Port and Dubai's Jebel Ali Port. Oman-based ASYAD Group will manage the zone's land port, the post said. The first phase will target pharma and medical, logistics and warehousing, manufacturing, food and plastic, mining and service-based industries. Under the usufruct agreement, Mahdah can expand the SEZ area to 25 sq km after submitting a detailed development plan. (Editing by Anoop Menon) (
Zawya
05-05-2025
- Business
- Zawya
Oman's ASYAD opens commercial bids for green hydrogen logistics readiness study
Oman's state-owned logistics giant ASYAD Group has opened bids received for a feasibility study tender aimed at assessing logistics readiness to support future green hydrogen projects in the Sultanate. The study was retendered on 7 March 2025 with document purchase deadline of 9 March with 13 companies participating in the tender. Technical bids were opened on 10 March, followed by priced bids on 23 April 2025. The four firms whose commercial bids were opened include: Boston Consulting Group: 705,470 Omani rials ($1.8 million) Deloitte Touche ME: OMR 743,675 ($1.9 million) Haskoning International Engineering Consultancy: OMR 168,846 ($438,581) Alhambra Infrastructure Advisors DMCC: OMR 102,022 ($265,005) The nine companies that submitted technical bids include Advance Business Consultant, Sustainable Technologies and Innovation Development, Logistics Executive Recruitment, Merit Academy, Meinhardt Engineering Consultancy, Net Zero Solutions, Marsh MEA Ltd, Frost and Sullivan DMCC Branch, and Husam Mohamed Al Rawahy. No contract award has been announced yet. Through the study, ASYAD Group aims to assess port readiness, inland logistics, and staging areas to ensure infrastructure alignment with project demands in order to facilitate Engineering, Procurement and Construction (EPC) contractors and OEMs to execute large-scale hydrogen projects. Additionally, the Group seeks to assessing all aspects related to shipment, exports and imports related to green hydrogen supply chain The tender was originally issued on 3 February 2025 with a submission deadline of 23 February 2025. In April 2025, Zawya Projects had reported that Oman expects to complete pre-FEED for shared green hydrogen infrastructure in the second quarter of 2025. (Reporting by Deva Palanisamy; Editing by Anoop Menon) (
Zawya
07-04-2025
- Business
- Zawya
Oman to complete pre-FEED for shared green hydrogen infrastructure in Q2 2025
Oman's government-owned green hydrogen entity Hydrom expects to complete the preliminary frontend engineering and design (pre-FEED) for its shared green hydrogen infrastructure project by May 2025, a senior official said. Responding to a question posed by Zawya Projects during the Q&A session the World Hydrogen Leaders event, Ahmed Al Abri, Regulatory and Infrastructure Manager at Hydrom, said 90 percent of pre-FEED for Duqm has been completed, while work has commenced for Dhofar. The $5 billion shared infrastructure will include electricity transmission, desalination, hydrogen pipelines, and water and wastewater networks. These facilities will be developed by Oman's utility entities under Hydrom's supervision. He said the pre-FEED covers legal, technical, and financial aspects, adding that financial structures are being worked out 'We signed the first term sheet with one of the developers in January and continue to engage with developers. We expect to sign the definitive agreements in the end of July.' The regulations and tariffs for the common use infrastructure have been approved by a steering committee. 'The developer and the operator will enter into a contractual agreement for the same [shared infrastructure],' he noted. Al Abri clarified that tariffs for hydrogen transport pipelines will be based on the volume of hydrogen transported, not pipeline size. He also confirmed that Oman has implemented a single permit system to streamline approvals, reducing costs and time for developers. The Hydrom official projected that 320 to 640 ships would be required to import equipment including wind turbine blades, solar panels, and electrolysers. Ports need to be expanded and a plan for internal inland transportation must be in place by 2026 to meet the 2030 green hydrogen goals. ASYAD Group has been tasked with managing the full logistics chain. (Reporting by Sowmya Sundar; Editing by Anoop Menon)
Zawya
10-02-2025
- Business
- Zawya
Oman's green hydrogen logistics feasibility study tender attracts 27 bidders
A feasibility study tender issued by Oman-based state-owned logistics giant ASYAD Group to assess logistics readiness for green hydrogen projects attracted participation from 27 local and global consultancy firms. At the close of tender documents purchase deadline of 9 February 2025, a total of 18 local and 9 international companies had purchased tender documents. Through the study, ASYAD Group aims to assess port readiness, inland logistics, and staging areas to ensure infrastructure alignment with project demands in order to facilitate Engineering, Procurement and Construction (EPC) contractors and OEMs to execute large-scale hydrogen projects. Additionally, the Group seeks to assessing all aspects related to shipment, exports and imports related to green hydrogen supply chain The following local firms, including SMEs, purchased the tender documents: Renardet SA and Partners Consulting Engineers; Modon Engineering; Geo Solutions Consultancy; Khatib and Alami and Partners Consulting Architects & Engineers and Services; Insight for Financial and Business Consulting; Mazoon Engineering Consultancy and Project Management; Husam Mohamed Al Rawahy; Sustainable Technologies and Innovation Develo; Sering International; Prosper Management Consultancy; Merit Academy; Al Abraj Consulting Engineer And Architects; Moore Stephens; Net Zero Solutions; Meinhardt Engineering Consultancy; Advance Business Consultant; Integrated Engineering & Technology; Haskoning International Engineering Consultancy . International firms included: • The Boston Consulting Group • Siemens Industrial LLC • Logistics Executive Recruitment • Epequip Co • Alhambra Infrastructure Advisors DMCC • Marsh MEA International • Ernst and Young Global • Frost and Sullivan DMCC Branch • RINA Consulting The scope of the feasibility study includes evaluating investments required across the supply chain, gaps in the as-is infrastructure and capacity requirements, providing cost-benefits and comprehensive economics and proposed operating models, identifying areas for enhancement, and outlining strategies to ensure scalability and sustainability in hydrogen logistics. Additionally, the localisation potential of hydrogen-related components at ASYAD Drydock will be assessed. Key dates include: • Pre-bid clarifications: 3 February – 18 February 2025 • Bid submission deadline: 23 February 2025 • Technical bid opening: 24 February 2025 • Priced bid opening: To Be Determined The tender was issued on 3 February 2025. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
