ADNOC and Baker Hughes have announced an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene
The agreement, signed at the UAE CLIMATE TECH conference in Abu Dhabi, follows a strategic technology collaboration agreement signed between the two companies in November 2022. It 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 decarbonisation technologies Baker Hughes has invested in across the graphene, methane pyrolysis and next-generation electrolysis spaces.
The collaboration builds on ADNOC’s US$15bn commitment towards decarbonisation projects by 2030.
Musabbeh Al Kaabi, ADNOC executive director, Low Carbon Solutions and International Growth Directorate, said, “The unique properties of graphene make it a promising agent to help decarbonise a variety of hard-to-abate sectors while hydrogen can serve to accelerate decarbonisation as it does not generate any carbon emissions at point of use. 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,” said Lorenzo Simonelli, Baker Hughes chairman and CEO. “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.