Woodside has signed a non-binding Memorandum of Understanding (MoU) with South Korea’s SK E&S company to collaborate on low-carbon hydrogen developments.
The MoU between the two companies will enable studies on the potential development of a lower carbon hydrogen value chain, including hydrogen, ammonia and other derivatives and related products.
Under the agreement, Woodside and SK will explore opportunities relating to long-term ammonia and hydrogen offtake arrangements; equity participation in ammonia and hydrogen production projects; and project engineering supply opportunities.
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