bp Joins DEME and OQ in Oman's Groundbreaking Green Hydrogen Initiative
Key Ideas
  • DEME, OQ, and bp reach an agreement for the HYPORT Duqm project, with bp taking a 49% stake, contributing to Oman's largest green hydrogen initiative.
  • The project aims to produce green hydrogen and green ammonia using wind and solar energy, with a capacity exceeding 2.7 GW upon completion of Phase 2.
  • DEME's commitment to sustainability is highlighted through strategic partnerships, including the Cooperation Agreement with the Egyptian Government for a green hydrogen facility in Egypt's western desert.
  • DEME's extensive experience in offshore energy and infrastructure positions them as a key player in the global green hydrogen sector, focusing on innovation and addressing environmental challenges.
DEME and OQ have partnered with bp to further develop the HYPORT Duqm project in Oman, marking a significant step in the country's green hydrogen initiatives. The project, situated within the Special Economic Zone at Duqm, aims to utilize wind and solar energy to produce green hydrogen and green ammonia on a large scale. With bp joining as an equity partner and operator, the initiative gains substantial momentum towards its goal of sustainable decarbonization. DEME's proactive approach in renewable hydrogen projects is evident through their focus on early involvement and comprehensive control across the value chain. This collaboration with bp not only strengthens the project but also emphasizes the commitment to green hydrogen production. Additionally, DEME's expansion into Egypt and other global locations signifies a growing presence in the green energy sector. With a strong foundation in offshore energy and marine infrastructure, DEME is well-equipped to lead in innovative projects addressing climate change and sustainability. The agreement with bp and the ongoing developments showcase the collective efforts towards a greener future and the advancement of green hydrogen technologies.
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