September 16, 2024 3:29 PM

World’s Largest Low-Carbon Hydrogen Facility to Be Built in Texas through ADNOC-ExxonMobil Partnership

The race to lead the global energy transition has taken a significant leap forward with the announcement of a partnership between Abu Dhabi National Oil Company (ADNOC) and ExxonMobil to develop the world’s largest low-carbon hydrogen facility. Witnessed by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, the agreement will see ADNOC acquire a 35% equity stake in the ambitious project, set to be located in Baytown, Texas. Once operational, the facility will conv...