Browsing: Middle east

Masdar and Hy24 have inked a strategic joint development and investment framework agreement. The signing took place during the UN’s Climate Change Conference, COP28, held in Dubai, signaling a commitment to fostering large-scale green hydrogen projects across key global regions.

India and Saudi Arabia have entered into a strategic Memorandum of Understanding (MoU), signaling a profound collaboration in various energy-related sectors, with a particular emphasis on Green Hydrogen.

In a bid to assert itself as a significant player in the green hydrogen landscape, Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman, is strategically establishing an infrastructure company dedicated to Oman’s burgeoning green hydrogen sector.

Oman is poised to become the hydrogen hub of the Gulf, marking a significant stride towards sustainable energy.

AD Ports Group and Masdar, prominent entities in global trade and clean energy respectively, have inked a Memorandum of Understanding (MoU) at the UN Climate Change Conference, COP28, in Dubai.

Jordan is making significant strides in the green hydrogen arena, sealing five groundbreaking pacts during the COP 28 summit in Dubai.

Dubai-based ENOC Group and Dubai Electricity and Water Authority (DEWA) have joined forces to launch a green hydrogen fuel station at Expo City Dubai, coinciding with the COP28 summit currently taking place.

European Union has formally designated the second southern hydrogen corridor, linking Algeria to Germany via Tunisia, Italy, and Austria, as a “Project of Common Interest.” This classification not only expedites its implementation but also opens avenues for financial support.

Abu Dhabi Department of Energy, the Abu Dhabi Investment Office (ADIO), and Masdar have joined forces to propel Abu Dhabi and the UAE into a leadership role in the production and export of low-carbon hydrogen.

In a dynamic shift towards sustainable energy, oil and gas majors have emerged as significant players in the low-carbon hydrogen market, commanding an 8% share globally. This paradigmatic transition reflects a strategic response to the escalating demand for cleaner energy alternatives. Let’s delve into the goals, technology, potential impact, and challenges surrounding this transformative trend.