Oman Investment Authority and Shell explore opportunities in blue hydrogen and CCS

Mou Blue Hydrogen, CCS announced Oman Mar 15, 2025

Oman Investment Authority (OIA) and Shell signed a Memorandum of Understanding (MoU) to explore opportunities in blue hydrogen production and carbon capture and storage (CCS) technologies in Oman. The collaboration aims to leverage Oman's natural gas resources and geological formations for sustainable energy solutions.

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Counterparts (2)

Developer

company · 2 deals

Shell is a global group of energy and petrochemical companies. Their strategy is to accelerate the transition of their business to net-zero emissions, purposefully and profitably.

Investor

Oman Investment Authority (OIA)

company · 1 deals

Oman Investment Authority (OIA) is the sovereign wealth fund of Oman. It invests in a diverse range of sectors and geographies, including infrastructure, with a focus on sustainable and long-term investments.

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Timeline

Announced

Mar 15, 2025

Signed

Closed

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Source

www.middleeastmonitor.com

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