Rex International Holding, a Singapore listed oil and gas company, entered a Joint Study Agreement with Helios Aragon, to explore natural hydrogen in Oman. Helios Aragon, known for its Monzon Natural Hydrogen Project in Spain, is expanding its global portfolio, with exploration also underway in Poland and the UK. The partnership will leverage Rex's decade of operational experience in Oman and Helios Aragon's expertise in natural hydrogen exploration, with Oman considered highly prospective due to its optimal geology and numerous surface seeps. The joint study aims to evaluate commercial hydrogen opportunities to contribute to clean energy transition efforts.
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