UK Oil & Gas PLC (UKOG) has received a Letter of Support (LOS) from Sumitomo Corporation's UK-based subsidiary, SEEL, for their planned hydrogen storage projects in Dorset and Yorkshire. This support opens up the possibility of future investments from SEEL or Sumitomo in UKOG's hydrogen storage ventures. The LOS is vital for UKOG to seek government Revenue Support in the upcoming Hydrogen Storage Allocation Round. The company is striving to meet the criteria set by the Department of Energy Security and Net Zero for this allocation. Although the projects are in the early engineering stage, UKOG is committed to pursuing them as part of their long-term strategy. The company aims to apply for government support in the allocation round scheduled for Q3 this year. Stephen Sanderson, the Chief Executive of UKOG, expressed his delight at the support from SEEL and highlighted the importance of this partnership for the success of their projects. This collaboration signifies a significant step towards establishing key infrastructure projects in the UK's energy transition. The company anticipates further support from other potential investors in the future.