OMV And Masdar Sign MoU To Collaborate On Renewable Energy And Green Hydrogen Initiatives

A file photo of OMV and Masdar Sign MoU to Collaborate on Renewable Energy and Green Hydrogen Initiatives

OMV and Masdar (Abu Dhabi Future Energy Company) have agreed to jointly explore areas of collaboration in renewable energy projects, and green hydrogen initiatives. The MoU was signed on the sidelines of the World Utilities Congress 2023 in Abu Dhabi.


At OMV, we firmly believe that forging strong partnerships with innovators and other industry leaders in the energy sector is crucial in accelerating our transformation towards becoming a Net-Zero company by 2050.


OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies, boasting Group sales revenues of EUR 62 billion and a workforce of approximately 22,300 employees in 2022. The company operates in various sectors.


Abu Dhabi Future Energy Company PJSC – Masdar is one of the world’s leading clean energy companies. Over the past decade, the company has pioneered commercially viable solutions in clean energy, sustainable real estate and clean technology in the UAE and around the world.

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