ACME Group and Hydrogenious LOHC Technologies have agreed to jointly explore the development of large-scale hydrogen supply chains from Oman to Europe.

Under a Memorandum of Understanding (MoU), a feasibility study will be taken to evaluate hydrogen transportation from ACME’s Oman project to supply hubs in Europe using liquid organic hydrogen carrier (LOHC) technology.

The two companies wish to utilise Oman’s abundant renewable energy resources for hydrogen production. The partnership will potentially be extended to evaluate a hydrogen value chain from the US to Europe and exploit the Inflation Reduction Act’s production incentives.