ENXTPA:VKEnergy Services
Vallourec Baker Hughes Hydrogen Pact And What It Means For Valuation
Vallourec and Baker Hughes have signed a Memorandum of Understanding to co develop hydrogen storage and compression solutions.
The collaboration focuses on green hydrogen, sustainable fuels, green steel and clean power markets.
The agreement highlights Vallourec's intent to expand further into emerging energy segments linked to the energy transition.
For investors watching ENXTPA:VK, this new collaboration comes with the share price at about €19.485 and a return of 21.8% year to date and...