OQ emissions rise, but with aims for change at Block 60

OQ emissions rise, but with aims for change at Block 60

Oman’s OQ has set out a number of stratagems for the energy transition, but for 2021 emissions increased.

The company has published its annual sustainability report, its third, covering last year.

“Environmentally, we have reaffirmed our commitment towards addressing climate change and reducing our carbon footprint”, said group CEO Talal Hamid Al Awfi.

The executive noted the company’s four green hydrogen projects, with a total capacity of 30 GW of solar and wind energy.

“We are also excited to announce that OQ’s decarbonisation policy has been approved and prioritised by OQ’s board. Based on that we conducted a GHG emission assessment, the findings of which will inform OQ’s future emission reduction plan,” Al Awfi said.

The four hydrogen projects are Hyport Duqm, Green Energy Oman, H2Oman and SalalahH2.

The first is the most developed, with plans for solar and wind generation of 1,300 MW with a 500 MW electrolyser and ammonia plant. Uniper has signed up as an offtaker to the Hyport Duqm project. The operator aims to make technology choices in the third quarter, with front-end engineering and design (FEED) starting in the first quarter of 2023.

Emissions

OQ produced 109,000 barrels per day of oil in 2021 and 435 million cubic feet per day of gas.