Oman selects bp for renewable energy data collection and analysis
An agreement between the government of Oman and bp should help boost the deployment of renewable energy and green hydrogen in this Middle Eastern country.
The Renewable Energy Data Collection Agreement signed through Oman’s Ministry of Energy and Minerals will see bp collect data regarding the operation of wind and solar power projects across 8,000 km2 of land in Oman, an area five times the size of Greater London.
The data will be used to assess the potential for developing new renewable energy projects in the region, a move that will help Oman meet its goal of deploying gigawatt capacity of clean resources by 2030 to decarbonize its economy and supply. energy.
bp and Oman will also collaborate on the development and implementation of a renewable energy strategy, regulation, the establishment of a renewable energy center, and the development and retraining of labor -local work.
The collaboration between bp and Oman should also increase local production of green hydrogen to meet domestic and export demand. Wind and solar projects expected to be developed through the partnership will be used to fuel the production of green hydrogen, according to a statement.
bp says it will leverage the collaboration to expand its footprint within Oman’s renewable energy sector and energy landscape. Today, bp produces a third of Oman’s gas energy demand. In 2021, bp joined the Oman Hydrogen Alliance to help promote the country’s transition to net zero while laying the foundation for the country’s future growth.
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As Oman’s economy is heavily dependent on oil and gas, expanding renewable energy capacity will help the country diversify its energy supply.
Bernard Looney, bp’s chief executive, said: “Today’s agreement represents what bp is able to offer as an integrated energy company. These projects will build on our gas business and bring together wind, solar and green hydrogen in a distinct and integrated way, supporting Oman’s low-carbon energy goals.
“And we’re not just investing in energy. We are investing in Oman to create and grow infrastructure, support local supply chains, and cultivate the skills and talents needed to usher in this next generation of energy leaders.
Mohammed Al Rumhy, Minister of Energy and Minerals of the Sultanate of Oman, added that the agreement will help his country move closer to the goals set under the country’s Vision 2040, which includes ensuring sustainability. environment and economic growth through the deployment of clean energy capacity.
Rumhy added, “In partnership with bp, we will advance the development of new world-class solar and wind resources. Over the past 50 years, we have advanced our hydrocarbon production. Today’s agreement signals the next step in our energy journey – unlocking Oman’s potential as a low-carbon energy hub.
UK Minister for Investment, Lord Gerry Grimstone, added: “Following the signing of the UK-Oman Sovereign Investment Partnership last week, bp’s investment in Oman’s renewable energy sector is a shining example of the common ambition of our countries to facilitate bilateral strategic and commercial relations. investment. The project demonstrates our shared vision of future prosperity through clean growth, further strengthening the partnership between the UK and the Sultanate of Oman.”