BP targets 10% of hydrogen market share, 100 related jobs

BP targets 10% of hydrogen market share, 100 related jobs
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Updated 23 November 2021
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BP targets 10% of hydrogen market share, 100 related jobs

BP targets 10% of hydrogen market share, 100 related jobs
  • The firm is among a group of global energy firms ramping up investment in hydrogen

RIYADH: Oil and gas giant BP is looking to fill some 100 hydrogen jobs as a first step of the company's plan to capture a 10 percent share of “core” hydrogen markets over the next decade.

"There will also be future waves of recruitment," Vice president, Matthew Williamson told Bloomberg.

The firm is among a group of global energy firms ramping up investment in hydrogen, as they bet the market will thrive with industries and consumers shifting to low-carbon fuels.

BP began a major restructuring last year, which will ultimately result in about 10,000 jobs being lost, to scale back its traditional fossil-fuel activities while ramping up production of cleaner sources of energy.