Senior executives from Adnoc and Thyssenkrupp Uhde at the signing of a preliminary agreement during Abu Dhabi Sustainability Week. Photo: Adnoc
Senior executives from Adnoc and Thyssenkrupp Uhde at the signing of a preliminary agreement during Abu Dhabi Sustainability Week. Photo: Adnoc
Senior executives from Adnoc and Thyssenkrupp Uhde at the signing of a preliminary agreement during Abu Dhabi Sustainability Week. Photo: Adnoc
Senior executives from Adnoc and Thyssenkrupp Uhde at the signing of a preliminary agreement during Abu Dhabi Sustainability Week. Photo: Adnoc

Adnoc partners with Thyssenkrupp to create new markets for hydrogen


Aarti Nagraj
  • English
  • Arabic

Adnoc has signed a preliminary agreement with the engineering unit of Germany's Thyssenkrupp to create new markets for hydrogen and explore the development of projects for large-scale ammonia cracking.

As part of the deal, signed at Abu Dhabi Sustainability Week, Adnoc and Thyssenkrupp Uhde will work together to develop commercial-scale ammonia cracking plants, which are used to extract hydrogen from ammonia after transportation.

The two companies will also explore opportunities in the clean energy value chain for the supply and shipment of low-carbon or green ammonia from the UAE to large-scale ammonia cracking facilities globally, Adnoc said in a statement on Tuesday.

Abu Dhabi Sustainability Week 2023 — in pictures

“Adnoc's fast-growing hydrogen business is enabled by the UAE’s abundant and competitive energy reserves,” said Musabbeh Al Kaabi, executive director, low carbon solutions and international growth directorate, at Adnoc.

“We are committed to strengthening our position as a reliable supplier of lower carbon-intensive energy, creating new revenue streams and growing the global market for hydrogen.”

Hydrogen, which can be produced using renewable energy and natural gas, is expected to play a key role in the coming years as economies and industries transition to a low-carbon world to mitigate climate change.

Globally, the hydrogen industry is expected to be worth $183 billion this year, up from $129 billion in 2017, according to Fitch Solutions.

French investment bank Natixis estimates that investment in hydrogen will exceed $300 billion by 2030.

The UAE, which is investing heavily in the industry, aims to be among the top 10 hydrogen-producing countries globally, a Ministry of Energy and Infrastructure official said on Monday.

Sharif Al Olama, the Ministry's Undersecretary for Energy and Petroleum Affairs, told Abu Dhabi Sustainability Week that the country had taken “great strides” in developing clean hydrogen technologies to reduce the cost of hydrogen as a sustainable source of energy.

“We in the UAE aim to capture 25 per cent of the low carbon hydrogen key markets and aspire to be one of the top 10 hydrogen-producing countries in the world within this decade,” said Mr Al Olama.

“Global hydrogen demand is seen rising to over 600 million metric tonnes a year by the year 2050, which represents 12 per cent of the total global energy demand.”

Adnoc, which is investing in green hydrogen through Masdar, has expanded its strategic energy partnerships across the hydrogen value chain.

In September last year, it shipped its first-ever demonstration cargo of low-carbon ammonia to Germany.

Ammonia is a carrier of hydrogen and it is much easier to compress and transport.

When shipped, after arriving at its destination, the ammonia needs to be decomposed, or cracked into hydrogen, before use in the energy value chain.

Adnoc has already invested in low-carbon ammonia, whereby the carbon dioxide emitted during production is captured and stored underground.

In May last year, the company announced a 1 million tonnes per year low-carbon ammonia production plant at the Ta'ziz industrial ecosystem and chemicals hub.

Under the latest deal, Adnoc will explore using the ammonia cracking process based on Thyssenkrupp Uhde's reformer technology, which is applied in more than 130 large-scale chemical plants across the world.

“Countries in Europe, along with many others, are looking to clean hydrogen imports to decarbonise industry and society,” Cord Landsmann, chief executive of Thyssenkrupp Uhde, said.

“Clean ammonia is the best way to transport hydrogen by ship, and together with Adnoc, we will deliver the last piece of the puzzle for global clean hydrogen trade at large scale.”

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

How%20to%20avoid%20getting%20scammed
%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

CONFIRMED%20LINE-UP
%3Cp%3EElena%20Rybakina%20(Kazakhstan)%3Cbr%3EOns%20Jabeur%20(Tunisia)%3Cbr%3EMaria%20Sakkari%20(Greece)%3Cbr%3EBarbora%20Krej%C4%8D%C3%ADkov%C3%A1%20(Czech%20Republic)%3Cbr%3EBeatriz%20Haddad%20Maia%20(Brazil)%3Cbr%3EJe%C4%BCena%20Ostapenko%20(Latvia)%3Cbr%3ELiudmila%20Samsonova%3Cbr%3EDaria%20Kasatkina%3Cbr%3EVeronika%20Kudermetova%3Cbr%3ECaroline%20Garcia%20(France)%3Cbr%3EMagda%20Linette%20(Poland)%3Cbr%3ESorana%20C%C3%AErstea%20(Romania)%3Cbr%3EAnastasia%20Potapova%3Cbr%3EAnhelina%20Kalinina%20(Ukraine)%3Cbr%3EJasmine%20Paolini%20(Italy)%3Cbr%3EEmma%20Navarro%20(USA)%3Cbr%3ELesia%20Tsurenko%20(Ukraine)%3Cbr%3EEmma%20Raducanu%20(Great%20Britain)%20%E2%80%93%20wildcard%3C%2Fp%3E%0A
Updated: January 17, 2023, 11:36 AM`