INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

ADNOC, Baker Hughes partner to boost green hydrogen development

The collaboration builds on ADNOC’s $15 billion commitment towards decarbonization projects by 2030. (WAM)
  • ADNOC will leverage Baker Hughes’ extensive hydrogen expertize and broad portfolio to test and develop solutions to produce low-cost green hydrogen.
  • Baker Hughes has been a longstanding strategic partner to ADNOC, deploying advanced technologies and solutions across the energy value chain.

Abu Dhabi, UAE – ADNOC and Baker Hughes announced Wednesday a deal to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene.

The agreement will see ADNOC collaborate with Baker Hughes as a strategic partner to study and pilot, the deployment of innovative solutions from Baker Hughes’ hydrogen portfolio, WAM reported.

These include new growth stage decarbonization technologies Baker Hughes has invested in across the graphene, methane pyrolysis and next-generation electrolysis spaces.

The agreement was signed at the UAE CLIMATE TECH conference in Abu Dhabi, where over 1,000 global policy makers, innovators, and industrial leaders met to drive technological solutions for decarbonization.

Within the agreement, ADNOC will leverage Baker Hughes’ extensive hydrogen expertize and broad portfolio to test and develop solutions to produce low-cost green hydrogen and graphene at scale, helping to decarbonize operations.

The collaboration will include exploring the application of three emerging technologies that Baker Hughes has invested in.

Baker Hughes has been a longstanding strategic partner to ADNOC, deploying advanced technologies and solutions across the energy value chain.