ADNOC and Baker Hughes have reached an agreement to accelerate the development and commercialization of technological 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 allow ADNOC to collaborate with Baker Hughes as a strategic partner to study and pilot the deployment of innovative solutions from the portfolio of ‘hydrogen from Baker Hughes, according to a joint statement. .
These include new growth-stage decarbonization technologies that Baker Hughes has invested in in the next-generation graphene, methane pyrolysis and electrolysis spaces.
It is worth recalling that the agreement signed in November aims to support the development of technology proofs of concept, technology scale-ups and technology pilots while exploring the feasibility of their deployment in key projects at ADNOC.
In line with the goals of the UAE’s In-Country Value program, the agreement supports the development of homegrown innovations, with the opportunity to leverage the ADNOC Research and Innovation Center to foster these projects ‘R&D, Baker Hughes said at the time.
The latest agreement was signed at the United Arab Emirates Climate Technology Conference in Abu Dhabi. The statement notes that the collaboration builds on ADNOC’s commitment of $15 billion towards decarbonization projects by 2030.
“Graphene’s unique properties make it a promising agent to help decarbonize a variety of hard-to-reduce sectors, while hydrogen can serve to accelerate decarbonization as it generates no carbon emissions at the point of use .At ADNOC, we are proactively pursuing a strategy to accelerate the production and deployment of renewable and low-carbon hydrogen.We look forward to working in partnership with Baker Hughes and its venture companies as part of our ongoing journey to transform, decarbonize and future-proof the way we provide energy to the world,” said Musabbeh Al Kaabi, ADNOC Chief Executive, Low. Directorate of Carbon Solutions and International Growth.
Under the deal, 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, the statement said. The collaboration will include exploring the application of three emerging technologies in which Baker Hughes has invested, he added.
“We are proud to support ADNOC in its ongoing journey to deploy new climate technology solutions that can advance the global energy transition,” said Lorenzo Simonelli, president and CEO of Baker Hughes. “Collaboration is crucial to support and accelerate the growth of low-carbon energy sources. This agreement is a further testament to Baker Hughes’ strategy and commitment to transform the energy industry to support the goals global climate change.
Baker Hughes has been a long-standing strategic partner of ADNOC, deploying advanced technologies and solutions across the energy value chain, the statement said.
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