Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors being strategically targeted for development. The authorities have also rolled out a number of new laws in recent years to create a more accommodating legislative environment for investors, and have focused on privatising government-owned enterprises, creating special economic zones and strengthening local representation in the workforce.
Hydrogen Oman (Hydrom) has announced that it has signed multiple term sheets with top developers including BP Alternative Energy Investments, Green Energy Oman as well as Hyport Duqm consortium, to set up green hydrogen projects across the sultanate.
Hydrogen Oman (Hydrom) has announced that it has signed multiple term sheets with top developers including BP Alternative Energy Investments, Green Energy Oman as well as Hyport Duqm consortium, to set up green hydrogen projects across the sultanate.
Hydrogen Oman (Hydrom) has announced that it has signed multiple term sheets with top developers including BP Alternative Energy Investments, Green Energy Oman as well as Hyport Duqm consortium, to set up green hydrogen projects across the sultanate.