Adnoc is expanding its low-carbon business
UAE makes inroads in target markets
Emirati firm’s latest hydrogen deals include South Korean production and northern European supply
Abu Dhabi’s drive to carve out a place in the emerging international hydrogen and carbon-management landscape is gathering pace, with its twin energy parastatals signing deals in the East Asian and European markets. Adnoc entered a novel agreement in January to consider co-developing a plant producing blue hydrogen from LNG in South Korea with Korean steelmaking titan Posco. Separately, clean energy developer Masdar signed the latest in a string of pacts to collaborate on supply chain development with prospective EU green hydrogen importers. Historically focused solely on domestic hydrocarbons production, the dual imperatives of portfolio decarbonisation and revenue diversification away from
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