Mubadala Energy and Masdar have announced it will collaborate on decarbonisation and energy transition initiatives such as hydrogen solutions.
The Abu Dhabi companies have agreed to explore and engage in potential decarbonisation opportunities with a focus on the Middle East and North Africa (MENA) and Southeast Asia regions.
The agreement will also benefit Mubadala’s portfolio which spans across 11 countries in MENA and Southeast Asia, and support government energy security priorities and the global energy transition.
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