Hydrom Concludes Korea Roadshow: What It Means for Green Hydrogen Investment Opportunities in Oman
SEOUL: Hydrogen Oman (Hydrom), the state-owned entity spearheading Oman’s green hydrogen ambitions, has concluded its promotional roadshow in South Korea, advancing the Sultanate’s goal to become a leading global hub for clean energy.
The delegation was led by Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, and included Shaikh Zakariya bin Hamad al Saadi, Oman’s Ambassador to South Korea, along with Eng Abdulaziz bin Said al Shaithani, Managing Director of Hydrom. During their visit, they engaged with senior officials from Korean energy institutions and hosted the Oman–Korea Green Hydrogen Investment Forum in Seoul.
Al Hadhrami emphasized Oman’s steady progress in establishing itself as a key centre for the production, transportation, and export of green hydrogen. He stated, “Our vision is to diversify the energy mix through renewables and green hydrogen, ensuring energy stability, supporting economic growth, and creating sustainable value. These initiatives align with Oman’s commitment to achieving net-zero emissions by 2050.”
The roadshow showcased Oman’s comprehensive national hydrogen ecosystem, featuring dedicated land allocations, shared infrastructure, and supportive regulatory frameworks. It coincided with Hydrom’s announcement of financial incentives designed to enhance project viability and attract global investment. In August 2023, Oman and South Korea signed a memorandum of understanding aimed at deepening collaboration on clean energy technologies, policy development, and capacity building.
Al Hadhrami noted that this agreement builds upon their historic oil and gas partnership, expanding it into the realms of hydrogen innovation and supply chain development.
Ambassador Al Saadi highlighted that the forum represented a significant step in strengthening bilateral economic relations and unlocking new opportunities in renewable energy. “The Embassy prioritizes promoting Oman’s attractive investment landscape and facilitating direct connections between governments and businesses of both countries,” he said.
Hydrom’s Managing Director, Al Shaithani, revealed that Oman has allocated over 50,000 square kilometers for hydrogen projects. To date, nine projects have been awarded across two bidding rounds, with investments surpassing $50 billion, aiming to produce 1.5 million tonnes of green hydrogen annually by 2030.
The third bidding round, launched in April 2025, offers a nine-month preparation period, increased site flexibility of up to 300 square kilometers, and a new package of incentives to attract further investment.
Al Shaithani underlined Oman’s strategic location between Europe and Asia, its abundant solar and wind resources, stable economy, and transparent regulatory environment. He noted that Korea’s advanced technological capabilities and market access complement Oman’s natural advantages, laying the foundation for a green hydrogen trade corridor. “This roadshow demonstrated that our partnership is ready to progress from dialogue to implementation—from discussions on opportunities to real projects that enhance energy security and accelerate the global energy transition,” he added.
The delegation also visited Doosan’s facilities in Changwon to review cutting-edge hydrogen technology developments. This mission highlighted the increasing international interest in Oman’s approach to hydrogen and represented a critical step toward establishing future energy corridors linking Oman to global demand centers.
Hydrom serves as the national coordinator for Oman’s hydrogen economy, overseeing project auctions, infrastructure development, and the creation of value chains to generate jobs and industrial growth.
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Oman’s strategic push into green hydrogen, marked by the high-profile Korea roadshow and $50bn in committed investments, signals a transformative opportunity for businesses and investors aiming to capitalize on the global clean energy transition. With favorable regulatory frameworks, expansive project sites, and strong international partnerships, Oman is positioning itself as a critical energy hub bridging Asia and Europe, creating risks for firms ignoring shifting energy dynamics and opportunities for those investing in innovation and infrastructure. Smart investors should now focus on emerging hydrogen supply chains and joint ventures leveraging Oman’s geographic and resource advantages to capture long-term sustainable growth.
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