A newly established consortium, including bp, Masdar, Hassan Allam Utilities, and Infinity Power, has signed a Joint Development Agreement (JDA) to explore the development of a green hydrogen (gH2) project in Egypt. The consortium, led by bp, aims to develop a multi-phase project focusing on green hydrogen and its derivatives for potential exports. They have signed a Framework Agreement (FWA) with the Egyptian government to conduct studies evaluating the project's feasibility. The signing ceremony, attended by key government officials, marks a significant step towards Egypt's energy transition plans. The collaboration aims to leverage the diverse experiences of the partners in energy projects to support Egypt's green energy goals and access global markets. The addition of bp to the consortium strengthens the existing relationship between the companies and reinforces Masdar's commitment to drive green hydrogen development worldwide. Partners in the consortium believe that the combined expertise will create economic opportunities, contribute to a cleaner energy future for Egypt, and aid in decarbonizing challenging sectors heavily reliant on fossil fuels. The initiative also aims to position Egypt as a key player in the green hydrogen sector, with the potential to export hydrogen to other nations. The consortium's focus on developing a hydrogen export hub in Egypt aligns with the region's abundant renewable resources, emphasizing the economic and environmental benefits that green hydrogen can bring. The project not only aims to strengthen Egypt's role as a leader in green power but also to support green industry initiatives across Africa and beyond. This collaborative effort signals a positive outlook towards the future of global energy, with hydrogen playing a pivotal role in advancing sustainable energy development.