BP, Masdar and Adnoc sign blue hydrogen deal
Firms will work together to develop 1GW H2Teesside project and 1GW facility in Abu Dhabi
BP has signed a deal with the UAE’s state-owned Adnoc and Masdar to develop 2GW of blue hydrogen production in the UK and the UAE. The agreement will see the Emirati firms collaborating on developing the H2Teesside 1GW blue hydrogen facility—on which BP is the lead developer. The other 1GW blue hydrogen facility would be located in the UAE, although a specific project has not been outlined. “By partnering with the visionary leaders of Adnoc and Masdar, we see a massive business opportunity to generate the clean energy the world wants and needs,” said BP CEO Bernard Looney, speaking at a state visit of Abu Dhabi crown prince Sheikh Mohamed bin Zayed al-Nahyan to the UK. 2GW – Total size
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