Browsing: Middle east

In a significant move towards Oman’s vision of becoming a global leader in renewable hydrogen production, Fluxys, a prominent energy infrastructure company, has committed to acquiring a 4.9% stake in OQGN, a state-owned transmission system operator in Oman. This partnership aims to harness Oman’s abundant wind and solar resources for a sustainable future.

Stellantis, one of the automotive giants, has announced that 24 engine families in European vehicles sold since 2014, totaling a staggering 28 million vehicles, are now compatible with advanced drop-in eFuel.

Turkey is engaging in discussions with the United Arab Emirates (UAE) to embark on two groundbreaking projects: green hydrogen production and the development of an offshore wind farm. These initiatives mark significant steps in both nations’ efforts to embrace renewable energy and strengthen economic cooperation.

Oman emerges as a beacon of promise in the realm of green hydrogen. Dr. Firas Al-Abduwani, an influential figure in Oman’s energy landscape, sheds light on the nation’s vision for green hydrogen, its transformative potential, and the strategies in play to make it a reality.

Saudi Arabia’s ACWA Power has inked memorandums of understanding (MOUs) with two prominent Chinese companies. These agreements encompass a wide spectrum of green energy initiatives, including green hydrogen and ammonia production, global renewable energy endeavors, and integrated smart energy solutions.

In a recent development, the Ministry of Energy and Minerals took part in a technical workshop titled “Methods of Underground Energy Storage” on September 13, 2023. The event, described in a statement by the Specialized Energy Platform, explored Oman’s potential in underground hydrogen storage, leveraging its geological features like salt domes and porous rock formations.

Saudi Arabia is rapidly emerging as a global leader in the hydrogen sector, signaling a profound commitment to clean energy and sustainability. The nation’s ambitious initiatives align with the global imperative to curb carbon emissions, advance the goals of the Paris Climate Agreement, and drive the transition toward a low-carbon future.

Barbara Beltrame, the Vice President of Confindustria for internationalization, signed a Memorandum of Understanding (MoU) with ACWA Power, a prominent global company in energy production, desalinated water, and green hydrogen. ACWA Power operates across the Middle East, Europe, Central Asia, and Africa, making this agreement a crucial step in advancing sustainable energy initiatives.

The Ministry of Energy and Infrastructure (MoEI) of the United Arab Emirates (UAE) and the Federal Ministry for Economic Affairs and Climate Action (BMWK) of Germany recently joined forces under the Emirati-German Energy and Climate Partnership.

Oman’s Minister of Economy, Dr. Said Mohammed Al-Saqri, highlighted the flourishing economic cooperation between Oman and Saudi Arabia. Over the past two years, since the establishment of the Saudi-Omani Coordination Council and the opening of a direct land border, these Gulf nations have witnessed substantial progress in various sectors.