Oman’s geographical position on major shipping routes to Asia is an advantage for potential exports
Muscat turns sights to green steel
Heavyweight investor interest in green steel and bunkering were highlights of Oman’s recent hydrogen summit
After Egypt’s star turn at Cop27 in November, Oman seized the low-carbon hydrogen spotlight this month, staging its second annual summit centred on the sultanate’s similar ambitions to become a global leader in hydrogen. The government revealed during the summit that around 40 companies had expressed interest in the auction launched in November for two 320km2 concessions near Duqm to be used for hydrogen production, with awards due in March next year. And Oman is seeing strong interest from international steel, energy and shipping heavyweights, which have provisionally agreed to invest in the country’s hydrogen potential. Steel The most eye-catching of the deals signed during the summit—for
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
