Oman boosts oil output while cutting emissions: wind, solar, and carbon capture projects detailed
omanet.omOman is increasing oil production while simultaneously investing in renewable energy and emission reduction projects, according to a government report. The Ministry of Energy and Minerals outlined several initiatives including the Wind 1 and Wind 2 projects totaling 200 MW capacity, a 100 MW solar PV plant in Block 6, and carbon capture pilot projects using CO2 for enhanced oil recovery. These efforts aim to align with Oman's Vision 2040 and net-zero by 2050 targets. The oil and gas sector targets a 48% emissions reduction by 2035 from a 2024 baseline, though 38% of that is contingent on financing and technology. PDO aims to source 30% of operational energy from renewables by 2026. The article also mentions Oman's carbon market regulatory framework under development, which could enable carbon credit trading and attract investment in emission reduction projects.
