BP has formed a strategic partnership with Oman for a ‘multiple gigawatt’ renewable energy and hydrogen development.
BP signed a strategic framework agreement (SFA) and a renewables data collection agreement with the Ministry of Energy and Minerals in Oman. The agreements will support a proposed multiple gigawatt renewable energy and green hydrogen development in Oman by 2030.
BP will analyse solar and wind data over an 8,000 m2 area to provide data to the Oman Government to assist in approving future renewable energy hubs. The hubs could also be used for the production of green hydrogen, with the potential for domestic use and international exports. The partnership will also explore ways of reskilling the local workforce.
Bernard Looney, CEO of BP, said: “[This] agreement represents what BP is able to offer as an integrated energy company. 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.”
Mohammed Al Rumhy, Oman’s Minister of Energy and Minerals, said: “In partnership with BP, we will progress the development of new, world-class solar and wind resources – generating renewable power for the grid and powering the manufacture of green hydrogen to supply domestic demand and to export to global customers. Over the past 50 years, we’ve advanced our hydrocarbon production. Today’s agreement signals the next step in our energy journey – unlocking the potential for Oman as a low-carbon energy hub.”
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