Mitsubishi and ADNOC Sign Agreement to Explore Low Carbon Collaboration Opportunities

Mitsubishi and ADNOC Sign Agreement to Explore Low Carbon Collaboration Opportunities

Mitsubishi Heavy Industries, Ltd. (MHI) and ADNOC signed an agreement on December 6, 2023 memorializing 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 development of businesses to produce blue hydrogen and blue ammonia while creating demand for these resources the world over.

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 carrying out initiatives with a view to supporting efforts 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 utilize the knowledge it has gained through previous projects such as proof-of-concept testing at Takasago Hydrogen Park to increase the feasibility of products and provide support for ADNOC’s ambition to achieve net zero by 2045.

The two companies will use the momentum of