BP plans to set up renewables and green hydrogen hubs
BP partners with Oman on renewables and hydrogen
Oil major plans to undertake wind and solar data assessment for multi-gigawatt energy hubs
BP has signed an agreement with Oman’s Ministry of Energy and Minerals to kickstart the development of multi-gigawatt wind, solar and green hydrogen projects by 2030. BP will collect and analyse wind and solar data from 8,000km² of land with the aim of setting up renewable energy hubs at promising locations. The company also expects to produce green hydrogen at these hubs for export and domestic use. “Today’s agreement represents what BP is able to offer as an integrated energy company,” says CEO Bernard Looney. “These projects will build on our gas business, and bring wind, solar and green hydrogen together in a distinctive and integrated way, supporting Oman’s low-carbon energy goals.” Oma
Also in this section
8 December 2023
The US oil major is leveraging its skillset to develop a low-carbon portfolio spanning CCS and blue hydrogen to lithium for EV batteries
7 December 2023
An ambitious pipeline of CCS projects through 2030 shows optimism for the sector
6 December 2023
Talks focus on two key provisions to Paris Agreement rules allowing international trade in emission reductions
4 December 2023
Oil and gas companies look to defy cynics and play pivotal role in decarbonisation as the UAE hosts COP28
