MHI and ADNOC Join Forces to Drive Innovation in Low Carbon Fuel Value Chains
– MHI’s diverse range of technology is set to bolster ADNOC’s ongoing efforts to achieve its goal for carbon neutrality by 2045.
– The two companies will seek to complement each other’s strengths and create synergies to decarbonize existing markets and export resources globally.
TOKYO, Dec 8, 2023 – (JCN Newswire) – Mitsubishi Heavy Industries, Ltd. (MHI) and ADNOC signed an agreement on December 6 formalizing their intent to explore potential opportunities for collaboration on the development of value chains for blue NH3 and blue H2. (the “Agreement”).
MHI will act as a technology solution provider to support decarbonization of oil and gas production sites owned by ADNOC and the establishment of facilities to produce blue hydrogen and blue ammonia while creating demand for these resources worldwide. The two companies will seek to complement each other’s strengths and create synergies between ADNOC’s assets and MHI’s related technologies, with the aim of accelerating the development of the hydrogen and ammonia businesses, as well as undertaking efforts to support initiatives to achieve net zero emissions globally.
MHI has a wide range of technology that can help accelerate the energy transition, including hydrogen-fired gas turbines and ammonia-fired gas turbines, ammonia co-fired boilers and hydrogen production equipment, and expects to leverage the knowledge it has gained through previous projects such as proof-of-concept testing at Takasago Hydrogen Park to enhance the feasibility of products and provide support for ADNOC’s aspiration to achieve net zero by 2045.
Upon the signing of the Agreement, Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI who is responsible for energy transition and the expansion of innovation fields, said, “It is a great honor to be able to collaborate with a leading company in decarbonizing hard-to-abate industry sectors, and in developing a low carbon fuel value chain globally. We are looking forward to contributing to ADNOC’s net zero aspiration through our reliable technology in the upcoming projects under this Agreement.”
Mr. Musabbeh Al Kaabi, ADNOC’s Executive Director of Low Carbon Solutions and International Growth said, “This partnership is an extension of the UAE’s long standing and mutually successful strategic bi-lateral relationship with Japan. By aligning Mitsubishi’s related technologies with our assets, we will not only explore opportunities to develop the essential hydrogen and ammonia value chains but also explore synergies that have the potential to benefit ADNOC and the broader new energies ecosystem. Our combined expertise and commitment to advancing climate neutral technologies holds great potential to expedite our own journey to net zero by 2045.” The two companies will use the momentum of this Agreement to provide support for the construction of hydrogen and ammonia supply chains to meet demand for industries such as power generation worldwide and to serve as leaders in efforts to build carbon-neutral societies as quickly as possible.
