- British energy giant, Shell Plc, has purchased a 35% interest in the Green Energy Oman (GEO) project.
- The project’s target is to produce 1.8 million tonnes of green hydrogen and about 10 million tonnes of green ammonia every year.
British energy giant, Shell Plc, has purchased a 35% interest in the Green Energy Oman (GEO) project. The project involves the production of green hydrogen in the Sultanate from 25 GW of solar and wind power.
The purchase was made as part of a cooperation agreement between Shell and OQ. a state-owned oil and gas company, in the area of green hydrogen, according to Oman’s Ministry of Energy and Minerals.
The GEO project, unveiled in 2021, is backed up by several consortiums including green fuels developer InterContinental Energy (ICE) and Kuwait’s state-backed energy investor EnerTech (ETC) alongside OQ.
The project site will be located in AI Wusta governorate, central Oman. The target is to produce 1.8 million tonnes of green hydrogen and about 10 million tonnes of green ammonia every year.
In April 2022, Australian engineering group Worley Ltd was selected to provide concept feasibility study services for the project.