Saturday, May 17, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

HYDROM ADVANCES OMAN’S GREEN HYDROGEN STRATEGY WITH LAUNCH OF THIRD AUCTION ROUND FOR LANDS IN DUQM

Money Compass by Money Compass
April 30, 2025
in PR Newswire
0
HYDROM ADVANCES OMAN’S GREEN HYDROGEN STRATEGY WITH LAUNCH OF THIRD AUCTION ROUND FOR LANDS IN DUQM
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

MUSCAT, Oman, April 30, 2025 /PRNewswire/ — The Sultanate of Oman has launched its third green hydrogen auction round, marking a new chapter in its strategy to become a leading global hub for green hydrogen production and export. Designed and orchestrated by Hydrom, the third auction offers innovative and flexible opportunities for qualified developers to invest in Oman’s fast-growing hydrogen ecosystem and participate in building a competitive and scalable global green hydrogen economy.

OMAN ADVANCES GREEN HYDROGEN STRATEGY WITH LAUNCH OF THIRD AUCTION ROUND FOR LANDS IN DUQM

Building on the success of previous auction rounds, the third round incorporates lessons learned to optimize bidder participation and enhance competitiveness. A land block of up to 300 square kilometers has been offered in Duqm, inviting proposals for projects covering a minimum of 100 square kilometers. Bidders will have flexibility in defining their project footprint within the block, enabling tailored configurations that align with individual development strategies and market requirements. Bidders will benefit from an extended preparation period of nine months from the launch of the Request for Qualification (RFQ) to the bid submission deadline, providing ample time for comprehensive project planning. In addition to producing green hydrogen and its derivatives, developers may also explore the sale of surplus renewable electricity to the national grid, subject to regulatory approvals, maximizing project value and integration into Oman’s wider energy transition framework.

Related posts

Instant Benchmark! GAC M8 PHEV Debuts in Malaysia, Ignites Passion with Pre-sale Campaign Launch

Instant Benchmark! GAC M8 PHEV Debuts in Malaysia, Ignites Passion with Pre-sale Campaign Launch

May 17, 2025
Art of Giving: A Global Initiative for Peace and Happiness

Art of Giving: A Global Initiative for Peace and Happiness

May 17, 2025

Developers participating in the third round will benefit from Oman’s strong competitive advantages, including access to common-use infrastructure, a stable regulatory framework, and strategic proximity to key demand centers in Europe and Asia. Oman’s comprehensive energy transition efforts also include the development of a dedicated 2,000-kilometer hydrogen pipeline as well as the establishment of the world’s first liquid hydrogen export corridor linking Oman to the Netherlands and Germany and onwards to Europe.

Oman’s has awarded eight large-scale green hydrogen projects in Duqm and Dhofar through two previous rounds, securing over USD 49 billion in investment commitments targeting a combined production capacity of over 1 million tons per annum of green hydrogen by 2030. These projects, powered by more than 30 GW of renewable energy, position Oman among the most advanced and investment-ready hydrogen ecosystems globally.

The auction process commenced with the release of the RFQ. Qualified bidders will be invited to submit proposals in early 2026, with awards expected thereafter. Bidders wishing to participate are encouraged to visit www.hydrom.om for details.

Cision View original content:https://www.prnewswire.com/apac/news-releases/hydrom-advances-omans-green-hydrogen-strategy-with-launch-of-third-auction-round-for-lands-in-duqm-302442846.html

SOURCE Hydrom

​ 

Previous Post

HYDROM ADVANCES OMAN’S GREEN HYDROGEN STRATEGY WITH LAUNCH OF THIRD AUCTION ROUND FOR LANDS IN DUQM

Next Post

GIGABYTE Continues Red Dot & iF Winning Streak with Cutting-Edge Design Across Product Lines

Next Post
GIGABYTE Continues Red Dot & iF Winning Streak with Cutting-Edge Design Across Product Lines

GIGABYTE Continues Red Dot & iF Winning Streak with Cutting-Edge Design Across Product Lines

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • Instant Benchmark! GAC M8 PHEV Debuts in Malaysia, Ignites Passion with Pre-sale Campaign Launch
  • Art of Giving: A Global Initiative for Peace and Happiness
  • Art of Giving: A Global Initiative for Peace and Happiness

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved