BP, OPAZ sign MoU for green hydrogen

MuscatL BP and the Public Authority for Special Economic Zones and Free Zones (OPAZ) have signed a memorandum of understanding (MoU) for the potential allocation of land to develop green hydrogen derivatives within the Special Economic Zone at Duqm (SEZAD).

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Vast areas identified for renewables in North Oman

MUSCAT: Expansive tracts of land with rich potential for renewables development have been identified in key parts of north Oman, according to details shared during the just concluded ‘Forum on Sustainable and Low Carbon Aviation Fuel’, organised by the Civil Aviation Authority (CAA) of the Sulta

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Oman Gearing up to tap offshore oil and gas opportunities

Seeking to sustain hydrocarbon production as it transitions to a green energy future, the Sultanate of Oman plans to intensify its focus on opportunities in its vast, largely untapped offshore sector…. Read more on: https://www.omanobserver.om/article/1136519/business/energy/oman-gearing-up-to-tap-offshore-oil-and-gas-opportunities

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Oil and Gas sector’s FDI share surpasses RO14 billion

MUSCAT: Foreign Direct Investment (FDI) recorded a net inflow of RO 1.744 billion in 2022, compared to an inflow of RO 2.926 billion a year earlier, the Central Bank of Oman (CBO) stated in its newly issued 2022 Annual Report of Oman’s banking and financial sector…. Read more on: https://www.omanobserver.om/article/1143432/business/energy/oil-and-gas-sectors-fdi-share-surpasses-ro-14-billion

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