Oman’s state-owned company Hydrogen Oman (Hydrom) has signed two large-scale new green hydrogen projects worth US$11bn in investments to be developed in the region of Dhofar (southern Oman) as part of the second round of the Sultanate's green hydrogen tender.
The first winner selected by Hydrom is a consortium composed of EDF Renewables, J-POWER and YamnaCo for the development of a 2.5 GW hydrogen plant located over 340 km2 of land in the Dhofar Governorate. The project will be powered with 4.5 GW of wind and solar energy coupled with battery storage and should produce hydrogen to supply a 1 Mt/year ammonia plant to be built in the Salalah Free Zone. The consortium will hold the rights to develop, build, own, operate and maintain the project for 47 years.
The second winner is a consortium of investment firm Actis and Australia's Fortescue with a project targeting up to 200 kt/year of green hydrogen that is expected to be sold to local industrial offtakers, as well as processed into derivatives such as green ammonia for export via the Port of Salalah. The plan involves the construction of up to 4.5 GW of wind and solar energy. The awarded projects are expected to increase by 1 Mt/year Oman’s green hydrogen production by 2030.
Hydrom is a state-owned company created to accelerate the development of the green hydrogen sector in Oman. As of 2023, five of the 10 projects planned in the Sultanate targeted green hydrogen exports, with estimates that Oman could export some 6 Mt of ammonia by 2030.
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