Oman's Strategic Leap: Accelerating Green Hydrogen Growth in Duqm
Key Ideas
  • Phase 2 and 3 agreements signed in Duqm for ACME's green hydrogen and ammonia project, aiming for a combined production of 71,000 tonnes of hydrogen and 400,000 tonnes of ammonia annually per phase.
  • Alignment with Oman Vision 2040 and net-zero carbon emissions goal by 2050 through structured and scalable development, boosting investor confidence and positioning Oman as a global green hydrogen player.
  • Hydrom's portfolio in Al Wusta and Dhofar Governorates now totals nine projects, projecting over USD 50 billion in investments and nearly 1.5 million tonnes of green hydrogen production per year by 2030.
  • Oman's complete value chain approach from resource to export, with 35 GW of renewable energy enabling large-scale projects to meet global demand, solidifying the country's status as an advanced hydrogen ecosystem.
In Oman, a significant leap towards advancing the country's green hydrogen strategy has been made with the signing of Project Development and Usufruct Agreements for Phase 2 and 3 of ACME's green hydrogen and ammonia project in Duqm's Special Economic Zone. These agreements mark the formal integration of one of Oman's earliest hydrogen initiatives into Hydrom's portfolio, consolidating all commercial hydrogen developments under a single national structure. The projected production capacity of these phases is substantial, aiming for 71,000 tonnes of green hydrogen and 400,000 tonnes of green ammonia annually per phase. The development aligns with Oman's ambitions for sustainable energy, including goals set in Oman Vision 2040 and the target of achieving net-zero carbon emissions by 2050. The consolidation of projects under a cohesive national strategy not only boosts investor confidence but also positions Oman as a competitive player in the global green hydrogen market. The agreements reflect Duqm's emerging role as a hub for green hydrogen and ammonia investments, in line with the zone's strategies and Oman's long-term vision. With a growing portfolio of projects and a focus on structured development, Oman is set to become a significant contributor to the global green hydrogen economy. Through Hydrom's orchestration, Oman is implementing a comprehensive approach, from setting strategies to managing developer allocations and supporting local industry opportunities, to advance in-country value and drive sustainable growth.
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