South Korean conglomerate POSCO Holdings and Samsung Engineering have been selected as the preferred negotiator for a $5.67 billion green hydrogen plant project in Oman.
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The US-based businesses Renewable Innovations (REII) and MENA Holdings have agreed to create an assembly factory in Saudi Arabia for the sale of hydrogen fuel cell products across the Middle East and North Africa (MENA).
In a move that underscores its commitment to clean energy and international cooperation, Saudi Arabia has approved a memorandum of understanding (MoU) with China in the field of clean hydrogen energy. The announcement was made following a cabinet meeting chaired by King Salman bin Abdulaziz.
Thyssenkrupp, the German industrial engineering and multinational conglomerate, has completed an intensive Technical Concept Study for Cayman Islands-based energy infrastructure provider Brooge Energy.
PTT Group, Thailand’s state-owned oil and gas company, has pledged to invest $7 billion in green hydrogen production in partnership with Saudi Arabia’s leading renewable energy company, ACWA Power.
Azerbaijan is poised to take the lead in the area and establish itself as a trusted supplier to the EU…
A green hydrogen fund is being established by five large exploration and production (E&P) corporations, who have committed significant resources to the effort.
According to Cornelius Matthes, CEO of Dii Desert Energy, Oman plans to construct its own specialised hydrogen infrastructure, and studies are presently being conducted to evaluate alternative options.
Three Power Purchase Agreements and Investment Agreements have been signed by ACWA Power with the National Electric Grid of Uzbekistan (NEGU), the Joint-Stock Company (JSC), and the Ministry of Investment, Industry, and Trade.
