EnerTech consortium wins Oman’s first hydrogen blocks

EnerTech consortium wins Oman’s first hydrogen blocks

Oman - EnerTech Holding Company, a Kuwaiti state-owned company specializing in clean energy investment and development, has announced that its international consortium, Green Energy Oman (GEO), has been awarded one of the sultanate’s first hydrogen blocks by Hydrom.

The EnerTech-led GEO consortium comprises Oman's integrated Energy Company OQ, Shell Oman, InterContinental Energy (ICE) and Golden Wellspring Wealth for Trading (GWWT).

The Block Z1-04, located in the Dhofar Governate, is set to produce 150,000 metric tonnes per annum of green hydrogen by leveraging 4 gigawatts of renewable energy.

This deal is one of three signed agreements granting the first green hydrogen blocks in Oman, with a combined investment value exceeding $20 billion, said a statement from Enertech.

The projects are expected to deliver over 750,000 tonnes of green hydrogen per year, further propelling Oman's ambitious target of achieving 1 million tons per year of green hydrogen production by 2030, it added.

The agreement was signed in the presence of Engineer Salem bin Nasser Al Awfi, Minister of Energy and Minerals, Abdullah Al Mutairi, Vice Chairman and CEO of Enertech Holding Company, Najla Zuhair Al Jamali, Chief Executive of Alternative Energy at OQ, Waleed Hadi Senior Vice President & Country Chair at Shell Oman, Hussain bin Abdullah