QatarEnergy and Shell to pursue joint investments in hydrogen

QatarEnergy and Shell announced their  agreement to pursue joint investments  through integrated and scalable opportunities in blue and green hydrogen projects in the United Kingdom. 

The agreement is the first of its kind on hydrogen between QatarEnergy and Shell. The companies said that it establishes an important framework for collaboration and joint investment to develop hydrogen solutions in the United Kingdom. 

“This agreement does not only reinforce the long lasting and strategic partnership between QatarEnergy and Shell, but also creates a viable path for innovation and investments in low carbon fuels and technologies across the UK’s energy sector, a key area of investment for QatarEnergy. This agreement also builds on QatarEnergy’s commitment to provide reliable access to cleaner energy globally,” said Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy. 

The companies said in a statement that they will work around industrial cluster development and also for the transport sector, with a focus on the London metropolitan area. 

 “Hydrogen will play an important role in helping society reach net zero and momentum is growing. QatarEnergy’s expertise, in collaboration with Shell’s, will support the UK’s energy transition and help propel this fast-growing sector,” said Ben Van Beurden, CEO of Royal Dutch Shell plc in a statement.