The companies signed three agreements in aims to develop low carbon hydrogen hubs and decarbonized air corridors between the UK and UAE.
The first agreement would see the companies collaborate to initially develop 2 GW of low carbon hydrogen across hubs in the UK and UAE, with the intention to expand as the project progresses. Access to clean hydrogen – a critical fuel in the decarbonization of hard-to-abate industries – can reduce emissions, enable new, low carbon products, and unlock future fuels.
The partnerships may potentially lead to the first international investment in the low carbon hydrogen facility in Teesside (H2Teesside), which aims to produce 1 GW of blue hydrogen starting in 2027. H2Teesside would capture and store up to 2 MMtpy of CO2 through the Northern Endurance Partnership (NEP).
As part of the first agreement, bp, ADNOC and Masdar also intend to pioneer decarbonized air corridors between the UK and UAE – one of the busiest global air travel routes – further strengthening the commercial and cultural ties between the two countries in a sustainable way.
bp and Masdar have also agreed to explore opportunities to develop, build and operate sustainable energy and mobility solutions for cities – in the UK, UAE and beyond – on the road to net zero. The two companies will initially focus on the application of energy efficiency and storage, cleaner fuels and distributed renewables generation.
The third agreement will see bp and ADNOC deepen their collaboration to decarbonize oil and gas operations in Abu Dhabi, including the potential development of CCUS hubs. The two companies would also harness advanced methane emission detection and reduction technologies and create Smart Decision Centres in the UAE, where digital and AI technology would then be used to accelerate operational efficiency.