China: Low-Carbon Solutions Linde Collaborates with Cnooc to Boost China’s Hydrogen Energy Sector
Under the terms of the MOU, Linde and Cnooc will jointly explore the possibility of investing in hydrogen production and filling units as well as increasing the use of hydrogen in industrial applications.
Guildford/UK – Linde has recently announced that it has signed a memorandum of understanding (MOU) with China National Offshore Oil Corporation's (Cnooc) subsidiary, Cnooc Energy Technology & Services, to jointly develop the hydrogen energy industry in China. Together, both companies will explore the option to invest in hydrogen production and filling facilities, and further the use of hydrogen in industrial applications, particularly mobility.
"This MOU builds on a history of close cooperation between Linde and Cnooc. Linde is a global leader in hydrogen technology and mobility solutions, and we are proud to work with Cnooc to develop the hydrogen energy industry in China," said Sanjiv Lamba, Executive Vice President and CEO Asia Pacific, Linde. "Together, we will leverage our complementary strengths and work towards a more sustainable, low-carbon future for China."
"Developing the new energy industry is an important priority for Cnooc," said Li Xinzhong, President of Cnooc Energy Technology & Services. "Linde has industry-leading expertise in hydrogen and hydrogen refueling technology and we look forward to collaborating with Linde to jointly develop China's hydrogen energy industry."