Abu Dhabi-based firms Adnoc and Masdar inked agreements to delve into green hydrogen prospects, aligning with the UAE's ambitions to position itself as a center for eco-friendly fuel. Adnoc partnered with Japan's Mitsubishi Heavy Industries to investigate potential ventures within green hydrogen and ammonia value chains, also focusing on exploring carbon management technologies. Musabbeh Al Kaabi, Adnoc's executive director for low-carbon solutions and international growth, stated that the pact extends the enduring and successful energy relationship between the UAE and Japan.
Adnoc and Masdar are collaborating to advance carbon-neutral technologies, a move that holds the potential to accelerate Adnoc's path towards achieving net zero emissions by 2045. Low-carbon hydrogen and ammonia play crucial roles in reducing emissions from challenging industries and catering to the rising global demand for cleaner fuel sources. Adnoc is constructing a one million tonnes-per-year low-carbon ammonia production facility at the Ta'ziz industrial ecosystem in Ruwais, Abu Dhabi, having already dispatched trial shipments of low-carbon ammonia to clients in Asia and Germany. Hitoshi Kaguchi, senior executive vice president at Mitsubishi Heavy Industries, expressed enthusiasm about contributing to Adnoc's net-zero commitment through their reliable technology in forthcoming projects.
In a separate initiative, Masdar partnered with Austria's OMV to explore green hydrogen production for decarbonizing industrial operations at OMV's refineries. The collaboration aims to develop a large-scale electrolysis plant powered by renewable energy. The joint effort is focused on project development, with plans to finalize investment decisions by the latter half of 2024.