Oman’s third green hydrogen auction is gaining strong traction, with Hydrom offering a land block of up to 300 square kilometers in Duqm and unveiling new fiscal incentives to attract global developers, reported Zawya.
The measures include a 90% reduction in land lease fees during the development phase, potential relief during the FEED stage, reduced base royalties in the early production years, and corporate tax exemptions for up to 10 years. Hydrom said the package aims to strengthen early-stage project economics, raise internal rates of return, and speed up final investment decisions.
Hydrom Managing Director Eng. Abdulaziz al Shidhani said the global hydrogen sector is entering a phase of consolidation, with developers favoring markets offering regulatory stability, strong returns, and credible offtake potential.
Round 3 offers project footprints of at least 100 square kilometers within the Duqm block, allowing bidders to customize development plans. Nearly 100 registrations have been received from major industry players and consortia, signaling robust interest.
The Statement of Qualification submission deadline is October 31, 2025. Hydrom will also roll out an updated consortium matchmaking list to connect qualified participants and facilitate partnerships.
