(OSE) BP, ADNOC, MASDAR PARTNER UP FOR UK & UAE

Courtesy of BP

British oil and gas company BP, Abu Dhabi National Oil Company (ADNOC), and UAE-based renewable energy developer Masdar have teamed up to develop hydrogen hubs in the UK and UAE.

The parties have signed three agreements in regards to clean and low carbon energy. One of those will see them collaborate to develop two gigawatts of low-carbon hydrogen across hubs in UK and UAE. Also, the companies intend to expand as the project progresses.

Access to clean hydrogen can reduce emissions, ‎enable new, low-carbon products, and unlock future fuels. Therefore, this is a significant contribution to the UK Government’s target to develop five gigawatts of hydrogen production by 2030. 

It could also lead to the first international investment in the low carbon hydrogen facility in Teesside. H2Teesside aims to produce a gigawatt of blue hydrogen starting in 2027. The project will capture and store up to two million tonnes of carbon dioxide (CO2) a year through the Northern Endurance Partnership (NEP) - link - Sanja Pekic - link - more like this - link

ADNOC LEANING MORE TOWARDS HYDROGEN

Abu Dhabi National Oil Company has joined the Hydrogen Council, an international body looking to accelerate the use of the clean fuel as the UAE ramps up efforts to decarbonise its economy.

The announcement follows Adnoc's decision earlier this year to substantially increase the production of hydrogen, an alternative clean fuel that is being prioritised for investment by oil exporters in the Middle East.

“Energy demand continues to increase as global populations expand and economic development accelerates. With an energy transition taking place, this means that more energy is needed with fewer emissions," said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive at Adnoc - link - more like this - link