FormerXBC Inc XEBEQ

Snam and Shell Sign Agreement on Energy Transition to H2

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Snam and Shell Energy Italia Sigg Agreement on Energy Transition, to Develop Hydrogen Initiatives

November 5, 2021

 

Snam and Shell Energy Italia sing agreement on energy transition, to develop hydrogen initiatives.

The two companies will develop joint initiatives in hydrogen, energy efficiency and sustainable mobility.

Snam, one of the world’s leading energy infrastructure companies, and Shell Energy Italia, one of the largest producers, traders and retailers of energy solutions, have signed a Memorandum of Understanding to work together on energy transition issues both at domestic and international level.

 

The cooperation will be initially focused on hydrogen development and may also extend to energy efficiency and sustainable mobility projects.

More specifically, the two companies will share experiences and skills for the study and possible implementation of joint projects aimed at using hydrogen in industrial sectors as well as its transport through the existing gas infrastructure.

This agreement, where applicable, will be subject to subsequent binding agreements that the parties will define in compliance with the applicable regulatory profiles.

Snam and Shell Energy Italia sing agreement on energy transition, to develop hydrogen initiatives.

READ the latest news shaping the hydrogen market at Hydrogen Central

SNAM AND SHELL ENERGY ITALIA SIGN COOPERATION AGREEMENT ON ENERGY TRANSITION, Novemebr 5, 2021

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Lots of people here aren't familiar with Xebec's history with Snam so that post, while excellent news, will fall on deaf ears.