Latest news with #AbdulazizSaidAlShidhani
Times of Oman
30-04-2025
- Business
- Times of Oman
Oman launches 3rd auction round for lands of green hydrogen projects in Duqm
Muscat: The Sultanate of Oman has launched its third green hydrogen auction round, marking a new chapter in its strategy to become a leading global hub for green hydrogen production and export. Designed and orchestrated by Hydrom, the third auction offers innovative and flexible opportunities for qualified developers to invest in Oman's fast-growing hydrogen ecosystem and participate in building a competitive and scalable global green hydrogen economy. Building on the success of previous auction rounds, the third round incorporates lessons learned to optimize bidder participation and enhance competitiveness. A land block of up to300 square kilometers has been offered in Duqm, inviting proposals for projects covering a minimum of 100 square kilometers. Bidders will have flexibility in defining their project footprint within the block, enabling tailored configurations that align with individual development strategies and market requirements. Bidders will benefit from an extended preparation period of nine months from the launch of the Request for Qualification (RFQ) to the bid submission deadline, providing ample time for comprehensive project planning. In addition to producing green hydrogen and its derivatives, developers may also explore the sale of surplus renewable electricity to the national grid, subject to regulatory approvals, maximizing project value and integration into Oman's wider energy transition framework. Eng. Abdulaziz Said Al Shidhani, Managing Director of Hydrom, said: "Oman's green hydrogen sector has moved from ambition to structured delivery. Through an integrated approach that combines land allocation, common-use infrastructure, regulatory frameworks, and export corridors, we are building an investment-ready ecosystem that enables scalable, bankable projects. The strong market response to our earlier auctions reflects a growing demand for credible, delivery-focused solutions. With Round 3, we are expanding this platform to create greater opportunities for a broader pool of serious developers, maintaining our commitment to meet global energy transition priorities." Developers participating in the third round will benefit from Oman's strong competitive advantages, including access to common-use infrastructure, a stable regulatory framework, and strategic proximity to key demand centers in Europe and Asia. Oman's comprehensive energy transition efforts also include the development of a dedicated2,000-kilometer hydrogen pipelineas well as the establishment of the world's firstliquid hydrogen export corridorlinking Oman to the Netherlands and Germany and onwards to Europe. Oman's green hydrogen sector is a cornerstone of its commitment to achievingnet-zero carbon emissions by 2050and securing at least30% of its power mix from renewables by 2030. To date, Oman has awarded eight large-scale green hydrogen projects in Duqm and Dhofar through two previous rounds, securing overUSD 49 billionin investment commitments targeting a combined production capacity of over1 million tons per annumof green hydrogen by 2030. These projects, powered by more than30 GWof renewable energy, position Oman among the most advanced and investment-ready hydrogen ecosystems globally. The auction process commenced recently with the release of the RFQ. Qualified bidders will be invited to submit proposals in early 2026, with awards expected thereafter.
Zawya
30-04-2025
- Business
- Zawya
Oman advances green hydrogen strategy with launch of third auction round for lands in Duqm
Muscat - The Sultanate of Oman has launched its third green hydrogen auction round, marking a new chapter in its strategy to become a leading global hub for green hydrogen production and export. Designed and orchestrated by Hydrom, the third auction offers innovative and flexible opportunities for qualified developers to invest in Oman's fast-growing hydrogen ecosystem and participate in building a competitive and scalable global green hydrogen economy. Building on the success of previous auction rounds, the third round incorporates lessons learned to optimize bidder participation and enhance competitiveness. A land block of up to 300 square kilometers has been offered in Duqm, inviting proposals for projects covering a minimum of 100 square kilometers. Bidders will have flexibility in defining their project footprint within the block, enabling tailored configurations that align with individual development strategies and market requirements. Bidders will benefit from an extended preparation period of nine months from the launch of the Request for Qualification (RFQ) to the bid submission deadline, providing ample time for comprehensive project planning. In addition to producing green hydrogen and its derivatives, developers may also explore the sale of surplus renewable electricity to the national grid, subject to regulatory approvals, maximizing project value and integration into Oman's wider energy transition framework. Eng. Abdulaziz Said Al Shidhani, Managing Director of Hydrom, said: "Oman's green hydrogen sector has moved from ambition to structured delivery. Through an integrated approach that combines land allocation, common-use infrastructure, regulatory frameworks, and export corridors, we are building an investment-ready ecosystem that enables scalable, bankable projects. The strong market response to our earlier auctions reflects a growing demand for credible, delivery-focused solutions. With Round 3, we are expanding this platform to create greater opportunities for a broader pool of serious developers, maintaining our commitment to meet global energy transition priorities." Developers participating in the third round will benefit from Oman's strong competitive advantages, including access to common-use infrastructure, a stable regulatory framework, and strategic proximity to key demand centers in Europe and Asia. Oman's comprehensive energy transition efforts also include the development of a dedicated 2,000-kilometer hydrogen pipeline as well as the establishment of the world's first liquid hydrogen export corridor linking Oman to the Netherlands and Germany and onwards to Europe. Oman's green hydrogen sector is a cornerstone of its commitment to achieving net-zero carbon emissions by 2050 and securing at least 30% of its power mix from renewables by 2030. To date, Oman's has awarded eight large-scale green hydrogen projects in Duqm and Dhofar through two previous rounds, securing over USD 49 billion in investment commitments targeting a combined production capacity of over 1 million tons per annum of green hydrogen by 2030. These projects, powered by more than 30 GW of renewable energy, position Oman among the most advanced and investment-ready hydrogen ecosystems globally. The auction process commenced recently with the release of the RFQ. Qualified bidders will be invited to submit proposals in early 2026, with awards expected thereafter. Bidders wishing to participate are encouraged to register promptly via Hydrom's official auction platform. Full registration guidelines are available at Hydrom's official website at About Hydrom Hydrom serves as the national orchestrator of Oman's Green Hydrogen Strategy execution and green hydrogen economy development. Its mandate includes setting the strategy and advising the government on policies and legal frameworks for the sector, delineating government-owned lands for hydrogen development, structuring large-scale projects, managing developer allocation processes, and facilitating shared infrastructure and connected ecosystem industries. Through its role, Hydrom advances in-country value by creating employment, supporting educational initiatives, and developing local supply chains and industry-related opportunities across the value chain. Media Contact IDENTITY E: latest@
Zawya
17-02-2025
- Business
- Zawya
Oman launches digital platfrom to track and evaluate Green Hydrogen Ecosystem Readiness Progress
Muscat: Oman's Green Hydrogen Ecosystem Readiness Steering Committee, chaired by His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals and Chairman of Hydrom, has launched a dedicated digital gH2 Ecosystem Readiness monitoring platform called 'gHad'. The Hydrom-led initaitive is designed to track sector-wide progress, enhance collaboration, and provide real-time data-driven insights on key initiatives supproting the development of Oman's green hydrogen strategy. The platform builds on the outcomes of the Ecosystem Readiness Lab conducted in September 2024, which identified 26 key initiatives designed to deliver Oman's 2030 green hydrogen production targets. By digitalizing sector-wide coordination, ' gHad' will move Oman's hydrogen strategy from planning to structured execution across five key focus areas including permits, contractors, workforce development, logistics, and local content. Eng. Abdulaziz Said Al Shidhani, Managing Director of Hydrom said: "Ensuring the readiness of all supporting sectors is critical to delivering Oman's green hydrogen ambitions. ' gHad' is an integral tool to our joint success, providing us with a one-stop-shop to align efforts, address challenges early, and create the right conditions for large-scale project execution. With clear visibility on sector progress, we can support decision-making, strengthen investor confidence, and position Oman as a competitive player in the global hydrogen economy." 'gHad' will serve as a centralized system, integrating key public and private sector stakeholders across multiple sectors, including government entities, infrastructure providers, workforce development institutions, local industries, and regulatory bodies. As Oman progresses towards becoming a global green hydrogen hub, the platform will play a pivitol role in enhancing governance, increasing transparency, and driving data-backed decision making. About Hydrom Hydrom serves as the national orchestrator of Oman's Green Hydrogen Strategy execution and Green Hydrogen economy development. Its mandate includes setting the strategy and advising government on policies and legal framework for the hydrogen sector in addition to delineating government-owned lands earmarked for hydrogen. Hydrom is also responsible for the structuring of large-scale green hydrogen projects, managing the allocation process to developers, and facilitating the development of shared infrastructure and connected ecosystem industries and hubs. Through its role, Hydrom is advancing In-country Value by generating employment, expanding educational resources and developing localized supply chains and industry-adjacent opportunities across the value chain.
