Muscat: In a significant step towards a sustainable and low-carbon future, Petroleum Development Oman (PDO) today launched an extended pilot project dedicated to utilizing CO2 for Enhanced Oil Recovery (EOR) in northern Oman.
Integrated Energy Valley to ensure green energy supply for Duqm project
Various clean energy sources have been lined up to power operations of the world’s largest green hydrogen-ready steel plant in the Special Economic Zone at Duqm (SEZAD). Involving an investment of $3 billion, the first-of-its-kind project will be fully operational in 2027.
Oman’s first Islamic Investment Fund launched
MUSCAT: The first Islamic Investment Fund in the Sultanate of Oman, “Gheras Fund”, was launched here yesterday, November 20, 2023, under the auspices of Abdullah bin Salim al Salmi, Executive President of the Capital Market Authority (CMA).
HM presides over 53rd National Day military parade
MUSCAT: His Majesty Sultan Haitham bin Tarik, the Supreme Commander, presided over a military parade staged at the military parade ground of Adam Air Base in the Governorate of Al Dakhiliyah on Saturday on the occasion of the 53rd Glorious National Day.
Oman sees domestic green hydrogen demand at 50,000 t/y
MUSCAT: Locally produced green hydrogen necessary to power Oman’s energy transition is projected to rise from around 50,000 tonnes per year (t/y) in 2030 to about 1.
Food Security Lab outlines investment opportunities worth RO 885m
MUSCAT: The 2023 Food Security Lab, a two-week event rich in activities and purposeful discussions to enhance local and foreign investment across various food security sectors, concluded on Thursday, November 9, 2023.
Omani mega ore carrier to be wind-powered
MUSCAT: In a first for Oman’s ocean-going maritime cargo transportation sector, the wholly state-owned ore carrier Sohar Max will be fitted with rotor sails to harness wind energy on its voyages to and from the Sultanate of Oman.
Industrial innovation key to harnessing new energies, hydrogen
PARIS: The International Energy Agency (IEA) has underscored the importance of industrial innovation to help unlock the Sultanate of Oman’s competitive advantage and boost low-carbon exports.
Tejarah Talks releases report on Oman’s Net Zero journey
MUSCAT: Climate change poses an existential threat and while global initiatives and policies have emerged in response, the risks of climate action failure remain prominent in the coming decade.
Oman’s largest solar PV project for desalination inaugurated
SUR: Eng Salim bin Nasser al Aufi, the Minister of Energy and Minerals, inaugurated the 17-megawatt peak (MWp) solar photovoltaic (PV) farm producing green energy to power the Sharqiyah Desalination Plant in Oman’s city of Sur.