JERA and ADNOC sign cooperation agreement on clean hydrogen and ammonia
Abu Dhabi National Oil Company (ADNOC) and JERA Co., Inc. (JERA) have signed a Strategic Collaboration Agreement (SCA) related to cooperation in the fields of clean hydrogen and ammonia, the Japanese company said.
The UAE has set a Net Zero by 2050 Strategic Initiative and aims to become one of the leading producers of clean hydrogen by 2031, and ADNOC is expected to play an important role in achieving this target, JERA said.
JERA and ADNOC have built a good relationship through years of LNG sale and purchase, and have jointly conducted feasibility assessments in the hydrogen and ammonia fields.
In 2021, ADNOC had announced a joint study agreement (JSA) with JERA and INPEX Corporation, along with the Japan Oil, Gas and Metals National Corporation (JOGMEC), to explore the commercial potential of blue ammonia production in the UAE. That agreement built on ADNOC’s low-carbon fuels leadership and extensive experience in carbon capture and storage.
JERA said the current SCA was the result of discussions with ADNOC since then on ways to further deepen cooperation in the hydrogen and ammonia field. “The SCA, signed on 17th July, is a continuation of the good collaboration and relationship established between ADNOC and JERA and will reinforce the collaboration toward a value chain in clean hydrogen and ammonia fields, contributing to the expansion of business opportunities for both companies,” the company said in a statement.
In order to achieve its “JERA Zero CO2 Emissions 2050” objective, JERA will continue to work with leading companies in Japan and overseas to establish and expand supply chains for hydrogen and ammonia, thereby contributing to global decarbonisation and energy solutions, it said.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More oil news

Philippines’ Marcos Seeks to Import LNG From Alaska, Envoy Says

Oil Falls After Weak Technicals Accelerate Supply-Driven Losses

Buffett’s Annual Letter May Give Much Needed Support to Japanese Stocks

Oil Edges Lower With Focus on US Stockpiles, Supply Uncertainty

Oil Climbs With Focus on OPEC+ Output Plans and Ukraine Talks

Diamondback Energy announces $4.08 billion acquisition to expand Permian presence

Oil Holds Declines on Prospect of Higher Russia, Iraq Supplies

Canada’s Conservative Leader Pitches Major Natural-Resource Revamp to Counter Trump

EPA Terminates Nearly 400 Workers Amid US Government Purge
