Qatar Energy announced that it has signed an agreement with Shell to seek joint investment in blue-green hydrogen projects in the UK. According to the agreement, the two companies will take advantage of the integration and scalability opportunities in these industries, especially in the industrial and transportation industries, which can be decarbonized by hydrogen.
The two companies will use their experience to develop large and complex energy projects. Saad Sherida Al-Kaabi, President and CEO of Qatar Energy and Minister of State for Energy Affairs, said: "This agreement not only strengthens the long-term strategic partnership between Qatar Energy and Shell. It also opens up a viable path for innovation. The UK’s energy sector’s investment in low-carbon fuels and technologies is an important area of investment for Qatar Energy. The agreement is also based on Qatar Energy’s global supply of reliable clean The promise of energy supply."
Ben Van Beurden, CEO of Royal Dutch Shell, also commented: "I am very pleased to deepen the already strong relationship with Qatar Energy. Hydrogen will play an important role in helping society reach net zero, and the momentum is increasing. Qatar Energy and The expertise of Shell’s partnership will support the UK’s energy transition and help drive this fast-growing industry."
It is worth noting that this is the first agreement between Qatar Energy and Shell on hydrogen energy. Editor/Xu Shengpeng
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