The Middle East Energy Sector Research Highlights

Interview

Mazin Rashid Al Lamki, CEO, Energy Development Oman: Interview
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Interview: Mazin Rashid Al Lamki How do you see the sector evolving over the next 10 years in response to global energy shifts? MAZIN RASHID AL LAMKI: Oman’s energy sector is poised for broadbased expansion across hydrocarbons and renewables. Our resource assessments are nearing completion, and early data shows stronger-than-expected potential in oil and gas. At the same time, we are conducting…

Interview

Mansoor Al Abdali, CEO, OQ Gas Networks: Interview
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Interview: Mansoor Al Abdali How has Oman’s focus on diversification and sustainability influenced infrastructure planning? MANSOOR AL ABDALI: The country’s vision is clear: continue meeting domestic gas demand while preparing for the coming growth in hydrogen. This will require balancing investment in traditional gas infrastructure with the development of hydrogen transport capabilities. To…

Interview

Hamed Al Naamany, CEO, Oman LNG: Interview
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Interview: Hamed Al Naamany How does the global transition to sustainable energy sources influence natural gas production and liquefied natural gas (LNG) strategies? HAMED AL NAAMANY: The global shift towards renewable energy sources has led Oman to strategically position natural gas, especially LNG, as the most versatile resource in the energy mix that complements the development of renewables.…

Interview

Abdulaziz Al Shidhani, MD, Hydrom: Interview
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Interview: Abdulaziz Al Shidhani How is Oman leveraging the land allocated for green hydrogen projects to drive investment and accelerate large-scale production? ABDULAZIZ AL SHIDHANI: The 50,000 sq km allocated for green hydrogen is situated within a broader 65,000-sq-km zone earmarked by legislation to support the sultanate’s energy transition plans. This step laid the groundwork for a national…

Interview

Salim Al Hashmi, Managing Director, Oman Tank Terminal Company: Interview
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Interview: Salim Al Hashmi How would you describe the evolution of Oman’s energy storage infrastructure? SALIM AL HASHMI: Historically, Oman’s energy storage segment was fragmented, with small, project-specific facilities scattered across different regions. Storage capacity was largely captive, serving local production needs without an integrated national strategy. Over time, there has been a…

Interview

Aflah Al Hadhrami, Managing Director, Petroleum Development Oman: Interview
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Interview: Aflah Al Hadhrami In what ways are goals for the oil and gas sector under Oman Vision 2040 shaping current exploration and production strategies? AFLAH AL HADHRAMI: Oman Vision 2040 has a significant influence on exploration and production strategies in the oil and gas sector, with a clear focus on reducing dependency on hydrocarbons and promoting sustainable, inclusive growth. This approach…

Analysis

Oman's energy sector leverages green hydrogen production
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Oman released its green hydrogen strategy in 2022, simultaneously establishing Hydrogen Oman (Hydrom), a government-owned private entity mandated to implement strategy and manage and attract investment in the country’s nascent hydrogen industries. The five strategic directions laid out in the Green Hydrogen in Oman policy document state that the development of Oman’s hydrogen sector should contribute…

Analysis

Oman explores sustainable offshore energy solutions
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Oman’s economy remains heavily dependent on fossil fuels; however, the country is emerging as a key player in renewables. To finance economic diversification, it is expanding hydrocarbons production while adopting advanced technologies to decarbonise the sector and meet its 2050 net-zero pledge. Sustainability strategies further aim to cut emissions through renewable energy integration, gas flaring…

Analysis

Emerging markets explore solar power
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With high energy prices and supply chain disruptions creating shortages of renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to accelerate their energy transitions. After more than a decade of decline, the cost of solar photovoltaic (PV) panels has risen around the world, due primarily to the increasing cost of solar-grade polysilicon…

Analysis

Oil producers in emerging markets compete for market share
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The EU has continued to scale back its reliance on Russian oil, deepening its strategic response to Russia’s ongoing war in Ukraine. After the bloc imposed bans on Russian seaborne crude in December 2022 and oil products in February 2023, the region has systematically sought alternative suppliers. In 2024 EU petroleum oil imports fell by 2.4% in volume and 4.7% in value compared to 2023, reflecting…

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