bp has signed a joint development agreement (JDA) with a consortium consisting of Masdar, Hassan Allam Utilities, and Infinity Power to advance plans for a green hydrogen project in Egypt. While bp will lead as the developer and operator, the consortium aims to integrate the region's hydrogen initiatives to support the growth of this alternative energy source. The collaboration also includes plans for a large-scale project to develop green hydrogen and its derivatives for export purposes. Masdar's chief green hydrogen officer, Mohammad Abdelqader El Ramahi, expressed enthusiasm for bp joining the consortium, emphasizing the commitment to promoting green hydrogen globally. Similarly, bp's senior vice president for hydrogen and CCS, Felipe Arbelaez, highlighted the role of hydrogen in the future of global energy. The consortium's focus on leveraging Egypt's renewable energy potential was reinforced by Infinity Power's CEO, Nayer Fouad, who emphasized the environmental and economic benefits that a hydrogen export hub could bring to the country and beyond. With the signing of a framework agreement with the Egyptian government at the Egypt-EU Investment Conference, the consortium is set to begin research activities to assess the technical and commercial feasibility of the project. This agreement, attended by key Egyptian officials, signifies a step towards Egypt's energy transition plans and underlines the potential for regional cooperation and accessing global markets. The collaboration aligns with Egypt's energy transition goals and supports the country's position as a leader in green power. Furthermore, the MENA region is witnessing a rise in hydrogen projects, such as Chariot's Project Nour in Mauritania and Project White Dunes in Morocco, indicating a growing interest in green energy initiatives and the economic and environmental benefits they can bring to the region.