BP “now has a chance to take all the grey hydrogen and start to decarbonise those refineries around the world. At the same time, we will oversize and create a traded product.”
Digitisation efforts at the field are like “nothing I’ve ever seen in my career", said CFO Murray Auchincloss.
BP (LON: BP) has said it is on course to deliver five “resilient hydrocarbon” projects this year, as it prepares to report its results for 2022.
The FPSO for BP’s Greater Tortue Ahymeyim (GTA) LNG project has left China and is heading for its site off Mauritania and Senegal.
BP has signed a memorandum of understanding (MoU) to explore green hydrogen opportunities in Mauritania, where the company is also working on major LNG export plans.
BP believes it will still be producing oil and gas in 2050, despite increasing calls for the industry to face the chop.
The oil and gas industry is “not doing enough” to fight climate change, according to the UK Government’s top adviser on the issue.
Success in the ScotWind offshore leasing round for BP will be worth up to £40million annually to the local Aberdeen economy and create up to 120 jobs, the company has claimed.
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
BP has started up the second phase of its gas operations in Oman, with the launch of the Ghazeer project.
A BP boss in charge of energy transition efforts has teased “more to follow” on the eve of Bernard Looney’s coronation as chief executive.