ADNOC is a state-owned entity established in 1971 and one of the world's leading energy producers. It is advancing in the global energy transition by investing in hydrogen and other lower-carbon energy sources, recently taking a 35% stake in ExxonMobil’s planned Baytown hydrogen plant[1].
Has taken a 35% equity stake in the Baytown project to accelerate decarbonization efforts across hard-to-abate sectors and expand access to lower-carbon fuels globally.
Masdar has signed an agreement with TotalEnergies to explore the development of a green hydrogen-to-methanol-to-SAF project. Masdar aims to increase its renewable energy portfolio capacity to 100GW by 2030 and become a leading producer of green hydrogen.
ADSW is a global initiative backed by the UAE and Masdar to fast-track sustainable development. The inaugural Green Hydrogen Summit is a key event within ADSW 2023.
ADNOC is exploring opportunities in the Indian hydrogen market, viewing India as a vital trading partner and a potential market for its hydrogen supply to support India's transition to a hydrogen economy and reduce emissions.
The capital city of the United Arab Emirates, Abu Dhabi, has entered into a memorandum of understanding for green hydrogen export and production as part of a decarbonization strategy.
