HyDuqm, a significant green hydrogen and ammonia project in Oman, is progressing towards key milestones with an anticipated Final Investment Decision (FID) in 2027 and production set to begin in 2030. The joint venture, consisting of prominent companies like POSCO Holdings, Samsung Engineering, and others, secured a concession to develop a GH2 project targeting a substantial yearly output of green ammonia. The partners are actively engaged in assessing renewable energy sources, profitability evaluations, and conducting environmental impact assessments. PTTEP's subsidiary, FutureTech Energy Ventures (FTEV), plays a crucial role in HyDuqm, reflecting the parent company's commitment to expanding its operations in Oman's energy sector. The project's emphasis on clean energy production from green hydrogen aligns with global sustainability goals and future energy policies. Feasibility studies are comprehensive, covering various aspects such as renewable resource assessments, geotechnical evaluations, and preliminary environmental impact assessments. These studies will provide crucial data to determine the project's economic viability and expected capital expenses before moving into the engineering design phase. PTTEP's recent focus on renewable energy and green hydrogen underscores its strategic alignment with evolving energy trends and sustainable practices. The company's investments in measuring wind and solar potential, alongside its commitment to environmental and social impact assessments, demonstrate a holistic approach towards green energy projects. The HyDuqm venture signifies a significant step towards establishing Oman as a key player in the global green hydrogen economy, showcasing international collaboration and expertise in clean energy production.