Emirates Specialized Contracting & Oilfield Services (ESCO) from the UAE and the German Hydrogenious LOHC Technologies have recently formed a strong joint venture to realize viable hydrogen infrastructure out of the Middle East.
Hydrogenious LOHC Emirates positions as the ideal on-site solution provider for hydrogen storage and transport at any distances and scale, with a product portfolio of liquid organic hydrogen carrier (LOHC) based hydrogenation and dehydrogenation turnkey plants, O&M and LOHC logistics services. In order to accelerate the hydrogen market ramp-up, the joint ventures will also develop joint benchmark projects with regional partners.
"Hydrogenious LOHC Emirates wants to source low-cost sustainable hydrogen from on-site and establish efficient LOHC-based supply chains for and to the predestined hydrogen demand countries worldwide. Among them will be Germany as key market of course, as it fits perfectly into the H2Global set-up. But we are also thinking about energy intensive destinations such as in Japan and South Korea," said Dr. Andreas Lehmann, who has been appointed CEO and is Head of Strategy at Hydrogenious LOHC Technologies.
"Hydrogen momentum in Middle East is significantly increasing, leading to LOHC lighthouse project opportunities to form consortia for intercontinental hydrogen transportation. Hydrogenious’ proprietary and ingenious LOHC technology allows for now establishing sustainable hydrogen value chains globally and ESCO stands for thinking outside the barrel. The engagement in the joint venture with the German Hydrogenious LOHC Technology is not only proof point for this but will also be a strong driver to unleash the power of hydrogen in the Arab world," said Karim Attie, CEO of ESCO and Managing Partner at Hydrogenious LOHC Emirates.