📋 Tender Overview
Scope of Work:
To Develop Mega Green Hydrogen Project in Oman.
Description:
GIC announces equity investment in InterContinental Energy, which is developing major green energy projects, including one in the Sultanate of Oman in partnership with OQ and EnerTech. Plans for the development of a mega green hydrogen project in the Sultanate of Oman have received a further shot in the arm with Singapore’s sovereign wealth fund (SWF) announcing a strategic equity investment in a key developer behind the Omani venture. Singapore-based GIC, which is estimated to manage assets valued in excess of $740 billion, announced that it would invest in Hong Kong-headquartered global energy developer InterContinental Energy (ICE), which is promoting a large portfolio of world-scale green hydrogen schemes in key locations, including the Sultanate of Oman. In the Sultanate of Oman, ICE has teamed up with OQ, the integrated state-owned Omani energy group, and EnerTech Holding, a Kuwaiti state-owned enterprise, to develop Green Energy Oman (GEO), billed as one of the world’s largest green energy ventures, in Al Wusta Governorat At full capacity, Green Energy Oman will be powered by 25 gigawatts (GW) of solar and wind generation capacity, to enable the production of 1.8 million tonnes per annum of green hydrogen and 10 million tonnes of green ammonia. A Final Investment Decision (FID), slated sometime in early 2026, will pave the way for construction work on Green Energy Oman to commence in 2027.
Other Owners:
2) EnerTech
S. No. 399/1-2, Bhare,
P.O. Ghotawade,Near Pirangut, Taluka -Mulshi,
Dist. Pune – 412115.
India
Tel: +91 9372623423, +91 9370659050
https://enertechups.com/
3) Shell International
Shell Centre
London SE1 7NA
United Kingdom
Tel: 0800 731 8888 Option 3
https://www.shell.com/
