- Oli Capital
NT hydrogen ambitions grow as FRV signs agreement with Aussie exploration company

Hexagon Energy includes this map of its hydrogen project in the NT, which seems to place it distinctly far from Darwin. Image source: Hexagon Energy
Prospective hydrogen projects in the Northern Territory are taking new shape with Monday’s news that FRV Australia, partially owned by now Saudi company Fotowatio Renewable Ventures, had signed an agreement with Australia’s Hexagon Energy. It seems the two companies are considering connecting the hydrogen projects they’ve been separately exploring near Darwin, though it’s worth noting Hexagon is hoping to export blue (fossil) hydrogen.
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