Marco Alvera'’s Post

Sjoerd Boer, our Vice Present Business Development New Energies, took the stage earlier today at the Green Hydrogen Summit #ghso in Muscat, Oman. Sjoerd was invited to participate in a panel discussion on the financing of hydrogen projects, to represent the perspective of businesses that develop, build, and grow #greenhydrogen infrastructure. “It was a pleasure to participate,” says Sjoerd, “And I enjoyed exchanging perspectives with experts in investment banking, international trade, and project financing. Collaboration across all parts of the green hydrogen value chain – including financing – is crucial to capitalize on the opportunity to establish a green hydrogen ecosystem in Oman.” Advario is a constructive partner for companies in Oman’s energy sector. Active in Oman together with our partner OQ since 2006, we operate a large energy storage terminal in the SOHAR Port and Freezone. There we continuously invest in projects that allow for storage of new products, or lead to deeper integration with our partners in the port. We are also willing and able to expand our footprint in Oman, in Sohar, or at other locations where we can support the growth of Oman’s green hydrogen economy. Sjoerd: “Advario has the proven ability to handle complex products safely. We have been safely storing and handling #biofuels, #sustainableaviationfuels, #ethanol, #methanol and #ammonia in our global portfolio, for years." "We believe in Oman as a hydrogen hub. Oman has the geographical location, access to renewable resources and energy sector experience to be a global powerhouse. And with Hydrom, the Omani government has created a unique and proven vehicle capable of ensuring a coordinated and timely delivery of this vision.” #partnersforprogress

#Oman picks two large-scale #greenhydrogen projects worth USD 11 billion in investments in the second round of the Sultanate's tender. The winners in the competition for sites in the southern region of Dhofar are: 🔹 a consortium of EDF Renewables Middle East, J-POWER and Yamna which aims to build a 2.5-GW electrolyser and produce up to 178,000 tonnes of green hydrogen per year. 🔹 a project by Actis and Fortescue targeting the production of up to 200,000 tonnes of green hydrogen per year. The output of the plant will be sold to local industrial offtakers as well as processed into derivatives such as green ammonia for export via the Port of Salalah. 🔹 The two projects, together with the winners in the first round of the tender, should enable Oman to produce about 1.38 million tonnes of green hydrogen by 2030. More about the projects and Oman's green hydrogen tender: https://lnkd.in/gwj8sHiB

H.E. Salim Al Aufi, Minister of Energy and Minerals, Oman, delivered an Incoming host address on 3 December, announcing Oman as the official host of the 18th Annual #GPCAForum, set to take place on 3-5 December 2024. He vowed to take the actions and learnings from this year’s forum as well as previous ones and address them at next year’s edition, which is going to be held for the first time in Muscat, Oman. “This industry has transformed the way we live and is going to contribute positively going forward towards the energy transition as we produce renewable energy from turbines, solar and other forms of renewables. The petrochemical industry is there to contribute and is going to be an extremely important pillar. The next forum should continue that journey and make the voice of the industry even stronger,” H.E. Al Aufi told delegates. #chemicalindustry #petrochemicalindustry #chemicals #petrochemicals #GPCAforum #Qatar #Qatarevents #Oman #Muscat #GPCAForum18 #MinisterialAddress

Exciting News from #Oman! The Sultanate's Ministry of Energy and Hydrom have just announced major strides in renewable hydrogen development, signalling the successful completion of their second round of auctions. Two new agreements have been inked for green hydrogen projects in Dhofar Governorate. 🤝 The first partnership involves a consortium comprising the EDF Group, J-POWER, and Yamna who aim to develop a large-scale green ammonia project. Additionally, a new project with Actis and Fortescue will see the construction of wind and solar renewable energy powering electrolyzers to produce green hydrogen. With these new agreements, Oman on track to achieve its ambitious 2030 production target of 1 - 1.5 million tonnes per annum, solidifying Oman's position as a key global producer of sustainable hydrogen. But the journey has just begun. As Oman's Minister of Energy and Minerals , emphasizes, there's much work to be done. "We need to install 40 million solar panels within six years. They don't exist in Oman today. We need to manufacture and import panels. We need more than 6000 wind blades, those need to be transported. We have been recognised globally as a leader and the race is on. Let's work together to deliver!" - H.E. Salim Al Aufi EDF Renouvelables #RenewableHydrogen #Sustainability #GreenEnergy #Oman #Hydrom Ministry of Energy and Minerals

PTTEP has made a significant move by acquiring a 10% stake in the Ghasha Concession, one of the largest Natural Gas fields in the UAE 🌍. This strategic investment, approved by regulatory authorities, aligns with PTTEP's goal of enhancing its petroleum reserves while committing to net-zero emissions 🌱. The Ghasha Concession is expected to produce over 1,500 MMSCFD of Gas by the end of the decade, marking a substantial addition to PTTEP's Middle East portfolio and paving the way for future collaborations 🤝. To learn more about this, click the link in the comments below! ⬇️ #EnergyInvestment #NaturalGas #NetZero #OilAndGas #PTTEP #UAE #EnergyTransition #SustainableEnergy #MiddleEastEnergy #GlobalEnergyMarket

🚀【𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐖𝐚𝐭𝐜𝐡】𝐉𝐮𝐧𝐃𝐚 𝐒𝐡𝐚𝐫𝐞𝐬 𝐭𝐨 𝐈𝐧𝐯𝐞𝐬𝐭 $𝟕𝟎𝟎𝐌 𝐢𝐧 𝐎𝐦𝐚𝐧 𝐟𝐨𝐫 𝐏𝐕 𝐂𝐞𝐥𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 JunDa Shares, a top PV cell manufacturer, inks a deal with Oman Investment Authority to build a 10GW Topcon PV battery plant. The $700M investment will be implemented in two 5GW phases. JunDa aims to strengthen its global presence, meet overseas demand, and contribute to Oman's renewable energy goals. The company is also pursuing a Hong Kong listing to fund overseas expansion, R&D, and operations. This Oman investment marks a significant step in JunDa's global ambitions, leveraging Hong Kong financing to build a Middle East base and target the world market. #SolarEnergy #GreenEnergy #pv #photovoltaic #Battery #cell #CleanEnergy #EnergyTransition #Topcon #RenewableEnergy #Oman #MiddleEast

#Uzbekistan President Mirziyoyev, Minister of Investment of Saudi Arabia Khalid Al-Falih and Chairman of ACWA Power Mohammad A. Abunayyan Launched the Construction of a Pilot Production of 3,000 Tons/year of #GreenHydrogen. In the first stage, it is planned to install #windturbines with a capacity of 52 MW in the Bukhara region to produce 3,000 tons of #hydrogen per year and process it into mineral #fertilizers, as well as cover the consumption of #electrolyzers. As a result of the project’s full implementation, #wind turbines with a capacity of 2.4 GW will be installed in the country, and 500,000 tons of #greenammonia will be produced from green hydrogen per year. The project uses the technologies of the Chinese company LONGi (LONGi Solar). More: https://lnkd.in/gDZ9ukAZ Sardor Koshnazarov, Investa #windpower #windenergy #greenenergy #renewables

Starting in 10 mins! Join another insightful session at #GEOF24 As global competition increases and countries face rising energy demands alongside #climatechange change challenges, time is of the essence for securing necessary #investments and embracing advancements in #energy infrastructure.

The Sovereign Fund of Egypt has signed four agreements worth $33 billion in the field of green ammonia with European developers. bp, Masdar (Abu Dhabi Future Energy Company), Hassan Allam Utilities, and Infinity Power came together for one of four agreements, amounting to $14 billion. This collaboration aims to develop a green ammonia project at Al-Sokhna Port. The signing of these agreements not only underscores Egypt’s commitment to sustainable development but also positions the country as a key player in the global renewable energy market. #greenhydrogen, #ammonia, #energytransition https://lnkd.in/dFuEyjtw