Economy News

Welcome to the exciting world of Earth science! As we embark on this educational journey together, we’re going to explore the wonders of our planet and beyond. In our very first lesson, we’ll dive into the basics of Earth science, covering everything from the rocky layers beneath our feet to the swirling clouds above. To kick things off on a high note, we’ll incorporate fun earth science review games, interactive activities, and engaging discussions that will not only introduce these concepts but also make them stick. Whether it’s through …

On Sunday, the Sultanate of Oman launched its ambitious Green Hydrogen Strategy. The program anticipates investing $140 billion in a future low-carbon energy economy.
The Ministry also approved the formation of HYDROM, a unique hydrogen-centric energy firm that would supervise the country’s ambition for the development of a green hydrogen-based future economy.
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The Sultanate of Oman’s hydrogen-centric energy firm, Hydrom, has formally begun the first phase of public auctions of site licenses for the construction of green hydrogen facilities. According to a tweet from the company, Hydrom’s first round of public auctions should begin on November 6th.
Since Oman’s green hydrogen plan was unveiled, interested foreign investors and companies …

Oman has the longest portfolio of green hydrogen developments in the GCC, as well as the best and most accurate strategy for the sector in recent years. It hopes to reach 30 gigatonnes of electrolyzer capacity by 2040, highlighting the nation’s sun, wind, and land supplies, as well as access to prospective markets and helpful government policies.
By 2030, the hydrogen field will be a …

Oman intends to supply one million tons of hydrogen by 2030. To achieve its goal of becoming one of the world’s greatest green hydrogen generators, the country has established Hydrom, a wholly-owned subsidiary of EDO SAOC.
Hydrom is a regulatory agency within Oman’s Ministry of Energy and Minerals. The company’s role entails the segmentation of government-owned land regions …

Oman has announced its first green hydrogen bidding in an attempt to meet its 2030 target of generating one million tonnes of hydrogen as well as its variants. The tenders, which were announced on Sunday, would result in the sultanate giving up to six land plots on which businesses can create fully integrated green hydrogen facilities.
The projects comprise renewable power generation…

According to top officials, operators of green hydrogen facilities in the Sultanate of Oman will be eligible for 47-year land concessions, among other perks.
Registrations for the open tender procedure, on which land grants of roughly 320 square kilometers each would be based, began earlier this week, according to Eng Abdulaziz al Shidhani. The ministry is offering investors a 47-year …

Marafiq and GUtech signed a Memorandum of Understanding to explore potential collaboration in the areas of research and development, education, and innovations in renewable energy initiatives and water technology. Abdullah Al Hashimi signed the Memorandum of Understanding.
The MoU calls for the parties to work together to encourage innovation, exploration, and development initiatives involving GUtech students, as well as to enhance their abilities and offer them expertise in projects administered through Marafiq in the Duqm Special Economic Zone.
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