EnerTech, GEO Consortium award Oman’s first hydrogen blocks

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Oman
  • Date: 09-Jun-2023
  • Source: Zawya
  • Sector:Technology
  • Country:Oman
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EnerTech, GEO Consortium award Oman’s first hydrogen blocks

EnerTech, a Kuwaiti state-owned company specialising in clean energy investment and development, has been awarded one of Oman’s first hydrogen blocks by Hydrom.

EnerTech is one of the founding partners of Green Energy Oman (GEO) international consortium. The GEO consortium, consisting of EnerTech, Oman's integrated Energy Company OQ, Shell Oman, InterContinental Energy (ICE), and Golden Wellspring Wealth for Trading (GWWT), secured Block Z1-04, located in the Dhofar Governate.

The block is set to produce 150,000 metric tons 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 the Sultanate of Oman, with a combined investment value exceeding $20 billion.

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.

"We are thrilled to have been awarded one of Oman's first hydrogen blocks, which serves as a testament to the unwavering dedication and forward-thinking vision of the consortium. This agreement marks a critical milestone in advancing the GEO project, positioned as one of the world's foremost green fuels initiatives. EnerTech firmly believes in Oman's potential to emerge