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Weatherford International has entered a transformative partnership with Decahydron to pioneer cutting-edge technologies for the extraction of Natural Hydrogen and the advancement of in-situ CO2 mineralisation within ultramafic rock formations across the MENA region.
The partnership was formalised at a signing ceremony attended by Belgacem Merad, Senior Vice President of Weatherford MENA, Girish Saligram, President and CEO of Weatherford, and Arnaud Lager, CEO of Decahydron, under the patronage of His Highness Sheikh Saud Bin Saqr Al Qasimi.
The event was marked by the presence of notable dignitaries, including HE Mohamed Ali Al Nuaimi, Chairman of the RAK Chamber of Commerce & Industry, and HE Ahmed Al Kaabi, Assistant Undersecretary Electricity, Water and Future Energy sector in the ministry of energy and infrastructure. Senior representatives from the MOEI, UICCA, RAK Petroleum Authority, RAKEZ, also attended, alongside delegates from the German Embassy , highlighting the international significance of this initiative. Erik Schäfer, CEO of Green Investors and a key Decahydron investor, stressed the importance of global collaboration in advancing clean energy technologies.
Girish Saligram, President and CEO of Weatherford, commented on the partnership, stating:
“This partnership represents a milestone in Weatherford’s commitment to sustainable energy solutions. By leveraging Decahydron’s pioneering technologies with our operational strength, we can accelerate the development of Natural Hydrogen and CO2 mineralisation in the MENA region. Together, we’re not just advancing innovation in energy, but actively contributing to the region’s cleaner energy future.”
Arnaud Lager, CEO of Decahydron, commented on the partnership, stating:
“Our partnership with Weatherford marks a critical step in unlocking the immense potential of ultramafic rock for Natural Hydrogen production and CO2 mineralisation. MENA is our next stepping stone, complementing the broader portfolio of projects we are advancing in other strategic regions. With Weatherford’s expertise, we are well-positioned to drive this transformative shift towards sustainable, large-scale energy solutions that align with the global transition to a cleaner future.”
HE Ahmed Al Kaabi, Assistant Undersecretary Electricity, Water and Future Energy sector in the ministry of energy and infrastructure stating:
“This collaboration between Decahydron and Weatherford to explore and develop natural hydrogen resources across the MENA region, starting in the UAE, will significantly contribute to achieving the National Hydrogen Strategy 2050 and the UAE’s Net Zero targets by 2050, capitalizing on the critical role of partnerships between the public and private sectors to drive innovation and sustainable progress.” |
