bp and the Ministry of Energy and Minerals in Oman have signed a strategic framework agreement (SFA) and a renewables data collection agreement which will support the potential development of a multiple gigawatt, renewable energy and green hydrogen development in Oman, by 2030.

Under the SFA, bp and Oman will also consider ways to collaborate in a number of areas, including a renewables strategy, regulation, the establishment of a renewable energy hub and the development and reskilling of the local workforce.

In addition, bp will capture and evaluate solar and wind data from 8,000 km² of land – an area more than five times the size of greater London. The evaluation will then support the Government of Oman in approving the future developments of renewable energy hubs at suitable locations within this area to take advantage of these resources. The renewable energy resources could also supply renewable power for the development of green hydrogen, targeting both domestic and global export markets.

"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 wind, solar and green hydrogen together in a distinctive and integrated way supporting Oman’s low carbon energy goals," bp Chief Executive Bernard Looney said. 

"And we’re not just investing in energy. We are investing in Oman to create and develop infrastructure, support local supply chains and cultivate the skills and talent needed to usher in this next generation of energy leaders.  We look forward to working closely with the Omani government to take this forward."