Norwegian oil firm Equinor has signed a Memorandum of Understanding (MoU) with French utility Engie to examine the potential of so-called low-carbon hydrogen. The two companies will jointly investigate the possibilities of developing a value chain in Belgium, France and the Netherlands, while the coming months will see talks with potential customers, authorities and interested parties.
"Equinor aims to be a leading company in the energy transition. We believe that hydrogen and CCS will be vital if we are going to succeed with the transition. Collaboration and partnerships will be absolutely necessary to find the best solutions," says Equinor Senior Vice President for Low Carbon Solutions Grete Tveit.
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