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RIYADH: Saudi Arabia and Oman agreed on Monday to cooperate on energy, the Saudi Press Agency reported.
A memorandum of understand was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and his Omani counterpart Salim Nasser Al Awfi on the sidelines of the COP27 summit in Egypt.
The deal focuses on cooperation in the fields of oil, gas, electricity, and renewables. It will also facilitate cooperation on carbon capture, reused and storage.
The MoU also includes cooperation on hydrogen as well as enhancing digital transformation in the energy field.