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BP inks deal with Omani government to develop renewable energy project

Mon, 17th Jan 2022 06:56

(Alliance News) - London-based energy firm BP PLC on Monday said it has signed a strategic framework agreement with the Ministry of Energy & Minerals in Oman for the development of a renewable energy and green hydrogen project by 2030.

The project is expected to include onshore wind, solar and green hydrogen output. As part of the agreement, BP will capture and evaluate solar and wind data from 8,000 square kilometres of land, which will support the Omani government's decision to support future renewable energy projects.

"Today's 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," said Chief Executive Bernard Looney.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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