Oman partners with bp for energy transition
MUSCAT, January 17, 2022 – Oman has signed a strategic framework agreement with bp for development of renewables and green hydrogen projects by 2030, the British multinational announced on Monday.
Under the agreements, bp will analyse data from 8,000 square kilometres of land to create renewable developments.
The move follows Oman’s energy transition goals under its 2040 Vision initiative.
“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,” said Mohammed Al Rumhy, Oman’s minister of energy and minerals.
bp operates Block 61, which produces one third of the nation’s gas usage.