Although key barriers remain, the worldwide potential of hydrogen is vast. Some estimate an investment pipeline of $300 billion, with hydrogen possibly supplying 18% of global energy by 2050. The Gulf States are particularly well placed to capitalise as producers and exporters of clean hydrogen.
Adnoc has set out preliminary plans for a world-scale 1 million tonne per year blue ammonia facility in Ruwais.
Japan and the UAE have signed a hydrogen cooperation deal aimed at accelerating bilateral support for an international hydrogen supply chain.
Mubadala Investment and Italy’s Snam have signed a memorandum of understanding (MoU) on hydrogen development in the United Arab Emirates.
Adnoc and South Korea have held talks on blue hydrogen supplies during a virtual business trip.
The day before US President Joe Biden was inaugurated in Washington DC, Adnoc’s CEO was speaking in support of the ties that bind the two.
Adnoc, Mubadala Investment and ADQ have signed a memorandum of understanding (MoU) on launching the Abu Dhabi Hydrogen Alliance.
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.