ADNOC and Baker Hughes have entered into an agreement to accelerate the development and commercialization 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.
According to the statement, these include new growth stage decarbonization technologies Baker Hughes has invested in across the graphene, methane pyrolysis, and next-generation electrolysis spaces.
Musabbeh Al Kaabi Executive Director Low Carbon Solutions & International Growth Directorate ADNOC
“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 the 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.”
The agreement was signed at the UAE CLIMATE TECH conference in Abu Dhabi, where over 1,000 global policymakers, innovators, and industrial leaders met to drive technological solutions for decarbonization. The collaboration builds on ADNOC’s $15 billion commitment towards decarbonization projects by 2030.
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.
Baker Hughes has been a longstanding strategic partner to ADNOC, deploying advanced technologies and solutions across the energy value chain.
Mr. Lorenzo Simonelli, Chairman and CEO of Baker Hughes, said that, “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.”
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