thyssenkrupp nucera has signed a Memorandum of Understanding (MoU) in the presence of Oman’s Minister of Energy and Minerals, Salim Nasser Al Aufi, potentially paving the way for the localisation of assembly and service hubs in the Middle Eastern nation.
The German firm emphasised that the MoU reinforces its “footprint and commitment to the Middle East region.” In a statement, thyssenkrupp nucera highlighted the agreement as a “further indication” of its efforts to collaborate with strong global partners to drive regional development of hydrogen markets through localisation initiatives.
“Hydrom is orchestrating all green hydrogen activities including a master plan for the sector in the Sultanate of Oman,” explained Dr. Werner Ponikwar, CEO of thyssenkrupp nucera. Hydrom has awarded over 2,300km of land for large-scale hydrogen production.
“With decades of experience and innovative solutions in the electrolysis business, we are well-equipped to strengthen our presence in the Middle East by laying the foundation for a successful green hydrogen sector in Oman in partnership with Hydrom,” the CEO added.
Abdulaziz Said Al Shidhani, Managing Director of Hydrom, claimed the organisation wants the nation to become a “leading global green hydrogen hub.”
He continued, “Collaborating with thyssenkrupp nucera is a further significant step on our way to achieving our ambition.”
Research carried out by the International Energy Agency found that Oman, the UAE and Morocco are set to exceed their hydrogen production capacities for 2030, based on current data.
The report said stated Saudi Arabia will contribute to 40% of new capacity between 2024 and 2030, whilst Oman, the UAE, Egypt, Iraq and Morocco will be responsible for 44% of the region’s hydrogen production.