The London-listed supermajor says the latest project could help it deliver 30% of the UK's goal to reach 5 GW in hydrogen production capacity by 2030.
The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.

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