Energy
SOHAR Port and Freezone Signs MoU to Develop Natural Hydrogen Value Chain in Oman
SOHAR Port and Freezone has signed a Memorandum of Understanding (MoU) with Switzerland’s HYNAT SA company, aiming to develop an integrated natural hydrogen value chain in the Sultanate of Oman.
This partnership marks a significant step towards establishing a comprehensive hydrogen ecosystem within SOHAR Port and Freezone, with a particular focus on natural hydrogen as an emerging and promising low-carbon energy source.
The MoU outlines areas of cooperation, including the identification and evaluation of production sites, and the development of logistical infrastructure, such as specialised storage and processing facilities. It also encompasses studying and coordinating current and future demand levels across the industrial, transport, and logistics sectors, alongside exploring export opportunities to global markets.

This signing complements the MoU HYNAT SA previously signed with the Ministry of Energy and Minerals in February 2025, which granted the company rights to conduct technical feasibility studies, adhering to a clear timeline that aligns with Oman’s national energy strategy priorities.
Emile Hoogsteden, the CEO of SOHAR Port, stated that this MoU embodies SOHAR Port and Freezone’s commitment to supporting Oman’s vision for clean energy by contributing to the exploration and development of natural hydrogen resources.
He added that this partnership with HYNAT SA will serve as a crucial pillar in building a hydrogen-based economy and reinforcing SOHAR Port and Freezone’s position as a pivotal hub for low-carbon solutions and sustainable industrial growth.
For his part, Stéphane Aver, Chairman of the Board of HYNAT, remarked that this collaboration represents a practical step towards developing the natural hydrogen sector as a renewable and low-carbon source, accelerating the transformation of the global energy system. He expressed anticipation for achieving real added value that supports Oman’s sustainable development goals.
-
Dossier1 month agoDossier, 2026
-
Banking & Finance1 month agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance1 month agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
OER Magazines1 month agoOER, February 26
-
Economy1 month agoAnalysis: Oman-India CEPA Opens Path to Deeper Trade Investment and Growth
-
Economy1 month agoNew Regulations Issued for Buy Now, Pay Later Services in Oman
-
Economy1 month agoANALYSIS: Oil Near Seven-Month Highs Amid US, Iran Tensions
-
Economy4 weeks agoMiddle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
