Offshore staff
LONDON — bp has invited ADNOC and Masdar, the Abu Dhabi renewable energy company, to join planned blue and green hydrogen developments on Teesside, northeast England.
ADNOC will take a 25% stake in the design stage of bp’s H2Teesside blue hydrogen project. This will be the state-owned energy company’s first investment in the U.K.
The two partners will advance the project to the pre-FEED stage. H2Teesside will likely develop two 500-MW hydrogen production units by 2030, although operations could start in 2027. It also will capture and send for storage up to 2 MMtonnes of CO2 via the Northern Endurance Partnership.
Masdar has signed a memorandum of understanding to acquire a stake in bp’s proposed HyGreen Teesside green hydrogen project. The aim is to produce 60-MWe (megawatt electrical input) of hydrogen at startup in 2025, rising to up to 500 MWe by 2030.
Collectively, the projects could supply 15% of the U.K. government’s 10-GW target for hydrogen production in 2030.
bp and ADNOC also will evaluate a new blue hydrogen project in Abu Dhabi.
05.24.2022
