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Investors remain committed to development but are waiting on greater international market certainty
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Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
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BP has signed a wide-ranging contract with KBR
Majors Renewables Carbon capture
Polly Martin
5 April 2023
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BP contracts KBR for hydrogen project management

KBR will work with BP through front-end design, construction, commissioning and startup of projects in its global portfolio

BP has chosen engineering firm KBR as primary integrated project management contractor for its global hydrogen project portfolio, adding to its existing agreement with the firm. The contract scope includes joint contribution to front-end, optimisation and execution project phases as well as management support through construction, commissioning and startup. 500,000–700,000t/yr – BP’s target hydrogen production from 2030 BP is developing both blue and green hydrogen projects in Europe and Australia, as well as a CCS network in the greater Houston area in cooperation with industrial gases firm Linde. The major in February told investors it targets 500,000–700,000t/yr of hydrogen produc

Also in this section
Letter on hydrogen: Bankable business?
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
Egyptian green hydrogen in holding position
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
India bullish on green hydrogen potential
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
Spain tightens grip on EHB green subsidies
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels

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