Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a Project Development Agreement and Usufruct Agreement for the incorporation of Phase 2 and 3 of ACME’s green hydrogen and ammonia project in the Special Economic Zone at Duqm.
The agreements mark the formal onboarding of one of Oman’s earliest hydrogen initiatives into Hydrom’s portfolio, concluding the consolidation of all commercial hydrogen developments under a single national structure.
The agreements were signed by Eng. Salim Nasser Al Aufi, Oman’s Energy Minister and Hydrom’s Chairman, along with Sheikh Dr. Ali Masoud Al Sunaidy, Chairman of OPAZ, and Gursharan Jassal, Country Manager for ACME.
Phases two and three of the project will cover an area of 80 square kilometers, with each phase expected to produce approximately 71,000 tons of green hydrogen and 400,000 tons of green ammonia annually.
The signing follows the commencement of the first phase, which will produce 100,000 tons of green ammonia and is supported by an offtake agreement with Norway’s Yara company.
Upon completion of all phases, the project aims to reach an annual production capacity of 0.9 million tons of green ammonia.
“This signing represents another pivotal step in Hydrom’s roadmap to expand its integrated portfolio of green hydrogen projects in Oman,” said Eng. Abdulaziz Al Shidhani, Managing Director of Hydrom.
“The inclusion of one of the earliest hydrogen initiatives under the national framework overseen by Hydrom not only aligns previous efforts with regulatory standards but also underscores Hydrom’s commitment to organized, scalable development,” he added.
Al Shidhani also noted that this move reinforces investor confidence and strengthens Oman’s position in the global hydrogen market.
Eng. Ahmed bin Ali Akaak, CEO of the Duqm Special Economic Zone, said that the agreement reflects the zone’s success in attracting green hydrogen and green ammonia projects.
“It highlights the growing interest in the sector within the Duqm strategy (2025–2030) and aligns with Oman Vision 2040 and the Sultanate’s goal to achieve carbon neutrality by 2050,” he stressed.
Following this agreement, the number of green hydrogen projects awarded by Hydrom in Al Wusta and Dhofar governorates rises to nine projects, with a total investment exceeding $50 billion and a combined production capacity of approximately 1.5 million tons of green hydrogen annually by 2030.
These projects rely on nearly 35 gigawatts of renewable energy, within a unified national framework that enables large-scale implementation and meets growing global demand.
