BP has joined a consortium with Masdar, Hassan Allam Utilities, and Infinity Power to explore the development of a multi-phase green hydrogen project in Egypt. Under the Joint Development Agreement, BP will lead the project's development and operation on behalf of the consortium, focusing on the production of green hydrogen and its derivatives with a strong emphasis on export opportunities. The consortium has signed a Framework Agreement with the Egyptian government to conduct studies evaluating the project's technical and commercial viability. Key officials and representatives highlighted the importance of this initiative for Egypt's energy transition and the global push towards decarbonization. The project's goal is to utilize Egypt's renewable resources and the expertise of the consortium members to position the country as a significant player in the international green hydrogen sector, promoting economic growth and environmental benefits.