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Saudi ACWA Power to sign $7b green hydrogen deal with Omanoil and Air Products

Firms from two countries sign 13 agreements potentially valued at more than $10b

Last updated: December 07, 2021 | 03:38

Reuters

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Cairo: Saudi ACWA Power will sign on Tuesday a $7 billion (Dh25.7 billion) deal with Omanoil and Air Products to produce green hydrogen in Oman’s Salalah Free Zone, Al Arabiya TV reported on Monday.

Omani and Saudi firms signed 13 agreements potentially valued at more than $10 billion, Omani official media reported on Monday, as Saudi Crown Prince Mohammed bin Salman sets off on a Gulf tour.

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