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Wednesday, 11 January 2023

Shell snaps up a 35% share in the Green Energy Oman project, partners with OQ on green hydrogen

OQ enters into a green hydrogen production agreement with Shell: Oman’s OQ signed an agreement yesterday with Oman Shell to jointly produce some 1.8 mn tons of green hydrogen in Oman following Shell’s acquisition of a 35% stake in the country’s planned Green Energy Oman project, according to the Times of Oman. The timeline and financials of the agreement have not been disclosed. Green Energy Oman will generate green hydrogen utilizing 25 GW of energy sourced from wind and solar power, according to the project’s website.

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