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
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence