NEWS
Oman ’ s MB Group digitally transforms oil and gas operations to reach a record-high of US $ 2 billion by 2022 , according to a recent report by TechSci Research .
One of the biggest players is MB Group , with more than 4,000 employees in more than 20 countries across the MEA , South Asia and Australia .
Badran Al Hinai , Group Human Resources General Manager , MB Holding , said : “ To meet the challenges of the complex and competitive oil and gas , manufacturing and mining industries , MB Group companies needed full visibility on our operations worldwide .
“ Thanks to our Digital Transformation with SAP , we are on a journey to have real-time decision-making , better performance and greater view of analytical dashboards .”
Muscat-based MB Group , one of the Middle East ’ s largest multinational groups in the energy and natural resources industry sector , has embarked on the digital market , thanks to a Digital Transformation partnership with global technology company SAP . The Middle East and Africa ’ s ( MEA ) digital oilfield market is set
Waheed Al Hamaid , Managing Director , SAP Oman , said : “ MB Group is showing how Oman ’ s multinational firms can drive Digital Transformation to optimise operations , logistics and employee experiences .
“ As an ‘ intelligent ’ enterprise in the oil and gas sector , MB Group can deliver innovation that can meet the energy demands of tomorrow and deliver new value .”
Oman Green Energy Hub will rival in size US $ 36 billion Aussie mega project
The Oman Green Energy Hub – a giant integrated green fuels project unveiled recently for development across the vast desert settings of the Sultanate ’ s Al Wusta Governorate – is expected to mirror in scope and capacity an equally ambitious scheme planned in Western Australia with an estimated investment of US $ 36 billion .
Leading the development of the proposed Asian Renewable Energy Hub in Australia is Hong Kong-based InterContinental Energy , the same developer named in the international consortium behind the Oman Green Energy Hub . Privately-owned InterContinental Energy is billed as the world ’ s largest green hydrogen with a portfolio of around US $ 100 billion in investments globally .
Partnering with InterContinental Energy in the implementation of the Oman mega scheme are OQ , the Sultanate ’ s global integrated energy group and EnerTech , a Kuwaiti statebacked clean energy investor and developer . The electricity generation capacity of the Oman hub is estimated at 25 gigawatts ( GW ) comprising a mix of solar and wind-based farms . The output of green hydrogen and green ammonia is projected in the millions of tonnes per annum .
Giving further details , InterContinental Energy has disclosed that the Oman Green Energy Hub will produce 1.8 million tonnes per annum of green hydrogen and up to 10 million tonnes per annum of green ammonia – volumes that promise to position the Sultanate ’ s evolution into a global green fuels powerhouse .
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