ADNOC will take a 25% stake in the design stage of bp’s blue hydrogen project, H2 Teesside. bp and ADNOC will now advance the project, initially to the next stage of design, the pre-FEED stage. H2 Teesside is expected to kickstart the UK’s hydrogen economy at scale with the development of two 500MW hydrogen production units by 2030. The project is targeting the start of operations in 2027. Masdar has also signed a MoU to acquire a stake in bp’s proposed green hydrogen project, HyGreen Teesside. This project is planned to produce 60MWe (megawatt electrical input) of hydrogen at start-up in 2025, increasing to up to 500MWe by 2030. Together, these two projects could deliver 15% of the UK Government’s recently expanded 10GW target for hydrogen production in 2030.