TotalEnergies, together with its partner OQ Alternative Energy (OQAE), has signed landmark agreements to develop 300MW of renewable energy projects in Oman.
The electricity will be delivered through long-term PPAs to Petroleum Development Oman (PDO), the leading exploration and production company in the Sultanate.
With respectively 49% and 51% shares, TotalEnergies and OQAE will lead in realising three renewable projects.
These are North Solar, a 100MW solar project, located in Saih Nihaydah in northern Oman; Riyah-1 and Riyah-2, two 100MW wind projects, located in Amin and West Nimr fields in southern Oman.
The construction will start in early 2025, and the electricity production in late 2026.
These solar and wind projects will generate over 1.4 TWh of renewable electricity annually.
Olivier Jouny, senior vice president for renewables at TotalEnergies, said: “Following our recent successes in the Sultanate of Oman, notably with the launch of the Marsa LNG project in April, we are pleased to make a new step in the deployment of our integrated multi-energy strategy in Oman.
“Together with our partner OQAE, we are eager to start the construction of these three projects which will provide long-term renewable electricity to PDO while supporting the Sultanate in its energy transition.”
Najla Zuhair Al Jamali, chief executive of OQ Alternative Energy, added: “In partnership with PDO and TotalEnergies, OQAE is proud to advance Oman’s transition toward sustainable energy.
“As an energy transition enabler, we are delighted to lead the development of these projects supporting PDO to achieve their decarbonization plans.
“This significant milestone underscores the expertise and dedication of all stakeholders involved.
“As the National Champion for Clean Energy in Oman, OQAE is committed to supporting the nation’s economic growth by developing innovative clean energy and low-carbon projects.
“With a focus on environmental stewardship and long-term prosperity, OQAE ensures the delivery of sustainable solutions to meet Oman’s evolving industrial energy needs.”
Dr Aflah Al Hadhrami, managing director of PDO, said: “We are delighted to sign these agreements, which further reinforce our steadfast commitment to achieving Net Zero emissions by 2050 in line with the objectives of Oman Vision 2040, mainly the diversification of energy sources to ensure sustainable energy security.
“PDO’s journey towards sustainability was firmly established with previous groundbreaking initiatives, including the Amin Solar IPP Power Plant and the Rima Water Treatment Project.
“These projects, alongside the ones signed today, continue to reshape Oman’s energy landscape by blending technological innovation with environmental stewardship.
“They also support our aim of sourcing 30% of our power capacity from renewables by 2026, reflecting our dedication to a cleaner, sustainable future.”