Outlook 2024: Oman – Taking a leading role in the global energy transition
Oman offers an attractive destination for investment in the energy transition
The Omani energy sector, which has long been synonymous with oil and gas production, is set to take on a leading role in addressing the energy transition, with positive domestic, regional and international implications. According to the IEA, Oman has set out an ambitious strategy to derive 30% of electricity from renewable sources and to be producing 1mt of hydrogen by 2030. In following this ambitious strategy, Oman is embarking on a transformative journey given that it continues to rely on oil and gas for around 30% of its GDP. Its goal is to emerge as a leader in the global energy transition, diversifying the country’s exports while reducing its own reliance on fossil fuels and lowering i
Also in this section
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
9 May 2025
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain
