Okyu and Asead collaborate on green hydrogen in Oman
OQOO Alternative Energy Company and OXID Group in the Sultanate of Oman have signed a Memorandum of Understanding to pave the way for developing and implementing the use of green hydrogen in the transportation and logistics sectors. The initiative aims to invest in the production of green hydrogen from the Duqm project, testing it in transportation and logistics activities, and promoting the local market for hydrogen-based solutions. This is the first project of its kind in the Sultanate, targeting the production of approximately 400 kilograms of green hydrogen daily, with future expansions, to support the national move towards achieving carbon neutrality and strengthening Oman’s position as a sustainable logistics hub. The collaboration focuses on technology transfer and building operational and commercial capabilities for the practical use of hydrogen in the logistics sector, contributing to emissions reduction and sustainable economic diversification in line with Oman Vision 2040.
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