Abu Dhabi state energy giant Adnoc signed a strategic framework agreement with its Malaysian counterpart Petronas on 10 March. The agreement lists a wide-ranging set of potential partnership areas which “include Hydrogen, CCUS, R&D, Technology including EOR, bunkering, and exploration and hydrocarbon development.” It’s difficult to think of an area of potential partnership not covered.

This was followed the next day with an MoU between Petronas and Masdar, the clean energy subsidiary of Abu Dhabi’s Mubadala investment body. The two firms agreed “to explore joint participation in a range of areas, with a focus on utility-scale renewable energy, including ground-mounted and floating solar projects, as well as offshore wind projects in Asia, and potentially other regions and other technologies.” (CONTINUED - 850 WORDS)