BP and the Ministry of Energy and Minerals in Oman have signed agreements to explore development of a multi-gigawatt renewable energy and green hydrogen hub by 2030.
The developer and country have inked a strategic framework agreement and a renewables data collection agreement to look at solar and wind generation from 8000km square of land.
The evaluation will then support the Government of Oman in approving the future developments of renewable energy hubs at suitable locations within this area to take advantage of these resources, said BP.
The renewable energy resources could also supply renewable power for the development of green hydrogen, targeting both domestic and global export markets.
Under the agreements, BP and Oman will also consider ways to collaborate in a number of areas, including a renewables strategy, regulation, the establishment of a renewable energy hub and the development and reskilling of the local workforce.
BP chief executive Bernard Looney said: “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.
“And we’re not just investing in energy. We are investing in Oman to create and develop infrastructure, support local supply chains and cultivate the skills and talent needed to usher in this next generation of energy leaders. We look forward to working closely with the Omani government to take this forward.”