Adnoc, MHI to Explore Opportunities for Low Carbon Energy Supply Chains

Strategic Collaboration Agreement Adnoc, MHI to Explore Opportunities for Low Carbon Energy Supply Chains

2024-01-03 Source: Press release Adnoc 2 min Reading Time

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Under a strategic collaboration agreement between the two parties, Adnoc and MHI will work together to explore potential opportunities for building low carbon energy supply chains as well as advance carbon neutral solutions. The move is expected to speed up decarbonization in the energy industry.

The SCA builds on the longstanding strategic energy relationship between the UAE and Japan. (Source: Adnoc) — The SCA builds on the longstanding strategic energy relationship between the UAE and Japan.
(Source: Adnoc)

Abu Dhabi/UAE – Adnoc and Mitsubishi Heavy Industries (MHI) have recently announced the signing of a strategic collaboration agreement (SCA) to explore potential opportunities to build low carbon energy supply chains and advance carbon neutral solutions to accelerate decarbonization across the energy sector.

The SCA builds on the longstanding strategic energy relationship between the UAE and Japan. Through the SCA, Adnoc and MHI will seek to complement their strengths and create synergies, with the aim of accelerating the development of global hydrogen and ammonia value chains. Adnoc and MHI will also explore research and deployment of carbon management technologies.

Musabbeh Al Kaabi, Executive Director, Low Carbon Solutions and International Growth, Adnoc, said: “This agreement with Mitsubishi Heavy Industries builds on the UAE’s longstanding and successful strategic energy relationship with Japan. By matching Mitsubishi Heavy Industries’ related technologies with our assets, we will not only assess opportunities to develop the important 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 carbon neutral technologies offers great potential to help accelerate Adnoc’s journey to net zero by 2045.”

Low carbon hydrogen and ammonia are critical to decarbonizing hard-to-abate industries and meeting growing global demand for cleaner feed stock for power generation.

Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI who is responsible for energy transition and the expansion of growth fields, said: “It is a great honor 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 ambition through our reliable technology in the coming projects under this Agreement.”

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