ADNOC signed a strategic technology collaboration agreement with Baker Hughes to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene.
The collaboration between the two companies will allow them 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 the graphene, methane pyrolysis and next-generation electrolysis spaces. It also builds on ADNOC’s $15 billion commitment towards decarbonization 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 decarbonize a variety of hard-to-abate sectors while hydrogen can serve to accelerate decarbonization 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, decarbonize, and future proof the way we provide energy to the world.”
According to the agreement, Baker Hughes will help ADNOC test and develop solutions to manufacture low-cost green hydrogen and graphene at scale, assisting in the decarbonization of operations. Baker Hughes has a large portfolio and a wealth of experience in the field of hydrogen. The collaboration will investigate the use of three cutting-edge technologies that Baker Hughes has backed.
“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.
Baker Hughes has been a longstanding strategic partner to ADNOC, deploying advanced technologies and solutions across the energy value chain.