State owned oil company, ADNOC and oilfield services company, Baker Hughes has announced an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene.
The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, 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.
Musabbeh Al Kaabi, ADNOC executive director of low carbon solutions and international growth directorate says: ‘Across ADNOC, we are proactively pursuing a strategy to accelerate the production and deployment of low-carbon and renewable hydrogen. We look forward to working in partnership with Baker Hughes, and its venture companies, as part of our continuing journey to transform, decarbonise, and future proof the way we provide energy to the world.’
‘We are proud to support ADNOC on its continuing journey to deploy new climate technology solutions that can advance the global energy transition. Collaboration is crucial to supporting and accelerating the growth of low carbon energy sources. This agreement is a further testament to Baker Hughes’ strategy and commitment toward transforming the energy industry to support global climate change goals,’ adds Lorenzo Simonelli, Baker Hughes chairman and CEO.
