BP Awards FEED Contract for H2Teesside Project in UK
Key Ideas
- BP awards Technip Energies a FEED contract for the H2Teesside project, aiming to be a major low-carbon hydrogen production facility in the UK.
- The project is set to produce 1.2 GW of low-carbon hydrogen, contributing significantly to the country's hydrogen production target for 2030.
- Carbon capture technology is integrated into the project, with plans to capture and store 2 million tons of carbon dioxide per year.
- The H2Teesside project is part of the East Coast Cluster, aiming to position the region as a key hydrogen hub and facilitate decarbonization in the industrial sector.
BP, the British oil and gas giant, has awarded Technip Energies a FEED contract for its H2Teesside project in the United Kingdom. The project is expected to become one of the largest low-carbon hydrogen production facilities in the UK, with a capacity of approximately 1.2 GW. Scheduled to start production in 2027, the project aims to capture and store around 2 million tons of carbon dioxide per year. Technip Energies will conduct a FEED study to develop the project, incorporating hydrogen and carbon capture technologies. The project's final investment decision is expected by 2025, with plans to choose a contractor for the full engineering, procurement, construction, and commissioning package. The H2Teesside project is integrated into the East Coast Cluster, aligning with other decarbonization projects and aiming to position the region as a significant hydrogen hub. Recent agreements are moving the project closer to securing EPC contracts and commencing construction, contributing to decarbonizing the industrial sector in Teesside. BP's collaboration with Technip Energies and the project's focus on low-carbon hydrogen production demonstrate a positive step towards achieving sustainable energy goals in the UK.
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Investing
Production
Energy Sector
Engineering
Decarbonization
Carbon Capture
Energy Industry
Oil And Gas
Carbon Dioxide Storage
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