BP
A 50MW electrolyser will be powered by an offshore wind farm in the North Sea and the hydrogen produced will be used in the refinery
The refinery will be converted to a fuel import terminal while the oil giant is also exploring options for a clean energy hub
It is expected to produce up to 50m cubic feet of gas per day
The partnership will see the development of an offshore network to transport captured CO2 emissions to offshore storage beneath the UK North Sea
The block, comprising of both Khazzan and Ghazeer, has the capacity to deliver around 35% of Oman’s total gas demand
The oil giant will acquire a 50% stake in two projects, which are expected to produce enough energy to power more than one million homes
Currently Non-executive Director at General Electric in the US and Senior Independent Director of BP, she will succeed Sir Peter Gershon
The building is BP’s global headquarters – more than 500 people were based there until the pandemic caused staff to start working from home
The initiative is estimated to help offset more than two million tonnes of carbon every year, the equivalent of taking 400,000 cars of the road
The sale is the energy giant’s next strategic step in ‘reinventing BP’ and helping it become a lower carbon company