Shell takes 35pc stake in Green Energy Oman

The major has become the main developer and operator of the 25GW flagship project

Shell has taken a 35pc stake in Oman’s flagship Green Energy Oman hydrogen project, thereby becoming its main developer and operator. The major joins a development consortium comprised of Omani national energy company OQ, low-carbon fuel developer Intercontinental Energy and Kuwaiti state clean energy fund Enertech. Green Energy Oman, which could produce more than 1.8mn t/yr of green hydrogen from up to 25GW of wind and solar capacity, contracted engineering services firm Worley in April last year to conduct a concept feasibility assessment. In the past year, the project has also awarded contracts for an energy yield assessment to consultancy DNV and an environment and social impact assessme