# Aramco signs hydrogen and ammonia MoUs with Korean energy firms

Aramco signed nine MoUs with Korean companies KEPCO, S-Oil, POSCO, Hyundai Oilbank, H2Korea and LOTTE Fine Chemical to explore hydrogen and ammonia supply, transport, utilization and back-cracking, as a first step toward a possible large-scale facility in Saudi Arabia.

- Type: Partnership
- Announced: 2022-01-30
- Where: Saudi Arabia
- Status: announced
- Products: hydrogen, ammonia

## Companies

- [Kepco](https://endata.com/companies/2444.md) (partner)
- [S-Oil](https://endata.com/companies/4128.md) (partner)
- [Saudi Arabian Oil Company (Aramco)](https://endata.com/companies/8855.md) (partner)
- [POSCO](https://endata.com/companies/8856.md) (partner)
- [Hyundai Oilbank](https://endata.com/companies/8857.md) (partner)
- [H2Korea](https://endata.com/companies/8858.md) (partner)
- [LOTTE Fine Chemical](https://endata.com/companies/8859.md) (partner)

## Sources

- [heat-exchanger-world.com](https://heat-exchanger-world.com/aramco-signs-10-agreements-with-korean-entities/), 2022-01-29: "The agreements also include MoUs with Korean energy companies KEPCO, S-Oil, POSCO, Hyundai Oilbank, H2Korea and LOTTE Fine Chemical to explore potential collaboration in the supply, transportation, utilization and certification of hydrogen and ammonia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.