Despite uncertainties in the market, global low-carbon hydrogen projects are progressing at varying paces worldwide, with Europe and the Asia-Pacific region at the forefront. Meanwhile, advancements in the Middle East and the US are slower in comparison. Oman's recent launch of its third green hydrogen auction demonstrates the country's steadfast commitment to clean energy initiatives, even though final investment decisions are pending. With improved terms to attract investors, Oman aims to establish itself as a pioneer in the green hydrogen sector regionally. The nation plans to produce up to 1.5 million tons of green hydrogen annually by 2030 and targets a capacity of 3.75 million tons per year by 2040. Despite awarding eight project licenses, valued at around $50 billion collectively, through Hydrom, Oman is yet to finalize any projects for investment.