ADNOC and Baker Hughes ink deal

0
326

Both parties to advance hydrogen technology innovation

ADNOC and Baker Hughes recently announced an agreement to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene.

The agreement will see ADNOC collaborate with Baker Hughes as a strategic partner to study and pilot, the deployment of innovative solutions from Baker Hughes’ hydrogen portfolio.

These include new growth stage decarbonization technologies Baker Hughes has invested in across graphene, methane pyrolysis and next-generation electrolysis spaces.

Decarbonization

“We look forward to working in partnership with Baker Hughes, and its venture companies, as part of our continuing journey to transform, decarbonize, and future proof the way we provide energy to the world,” remarked Musabbeh Al Kaabi, ADNOC Executive Director, Low Carbon Solutions and International Growth Directorate.

Within the agreement, ADNOC will leverage Baker Hughes’ extensive hydrogen expertise and broad portfolio to test and develop solutions to produce low-cost green hydrogen and graphene at scale, helping to decarbonize operations.

Climate technology solutions

“We are proud to support ADNOC on its continuing journey to deploy new climate technology solutions that can   advance the global energy transition,” commented Lorenzo Simonelli, Chairman and CEO, Baker Hughes.

“Collaboration is crucial to supporting and accelerating the growth of low carbon energy This agreement is a further testament to Baker Hughes’ strategy and commitment toward transforming the energy industry to support global climate change goals,” he added.

Baker Hughes has been a longstanding strategic partner to ADNOC, deploying advanced technologies and solutions across the energy value chain, a press communique concluded.

LEAVE A REPLY

Please enter your comment!
Please enter your name here