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Hexagon Agility receives inaugural Mobile Pipeline[® ]order from Watani in Jordan
13 Aug 2025 11:00 CEST
Issuer
Hexagon Composites ASA
13 August 2025: Hexagon Agility, a business of Hexagon Composites, has received
an inaugural order for Mobile Pipeline[®] modules from Watani, The National
Advanced Natural Gas Company of Jordan. The Mobile Pipeline[®] ADR X-Store 45ft
modules will enable Watani to safely and efficiently deliver compressed natural
gas (CNG) and support Jordan's national energy strategy.
The order represents an estimated value of USD 6.9 million (approx. NOK 70
million).
"We are proud to take this important step with Hexagon Agility as we accelerate
the delivery of clean, reliable energy across Jordan," said Khalil Abu Al-Rubb,
Chairman of Jordan LNG, joint owner of Watani. "The Mobile Pipeline[®] solution
is a natural fit for our ambitions because it offers the flexibility, safety,
and efficiency we need to reach industrial zones and remote communities alike."
Watani was created in alignment with Jordan's national strategy to secure
reliable energy supplies and reduce dependence on imports. The company is the
result of years of dedicated efforts to fulfill the Kingdom's vision of
advancing toward sustainable and clean energy while utilizing national resources
to support industries and the economy.
"This is a strategic leap toward a more sustainable and efficient energy future
for Jordan," said Khaled Al-Zoubi, General Manager of Watani. "With Hexagon
Agility, we have a strong supplier to establish the required infrastructure to
deliver this energy to our customers."
"We are honored to provide our industry-leading Mobile Pipeline solutions to
Watani, a key regional leader supporting Jordan's energy ambitions," said Eric
Bippus, Chief Commercial Officer, Hexagon Agility. "As demand for improved
energy solutions grows across emerging markets and the Middle East, we remain
committed to unlocking regional energy production and driving global energy
transformation."
About the market
The Government of Jordan is advancing its national energy strategy and promoting
compressed natural gas as the cleaner, more cost-effective alternative to diesel
and heavy fuel oil. Through the Ministry of Energy and Mineral Resources, the
government is encouraging the use of CNG. These efforts are central to the
Kingdom's long-term goals of achieving energy independence and lowering energy
emissions and costs across key sectors.
Timing
Deliveries of the modules are scheduled to start in the third quarter of 2025.
For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com
David Bandele, CFO, Hexagon Composites
Telephone: +47 920 91 483 | david.bandele@hexagongroup.com
About Watani
Watani, The National Advanced Natural Gas Company, was launched in 2025 as a
joint initiative between JoPetrol and Jordan Gas. The company is responsible for
developing and operating a nationwide network for transporting and distributing
compressed natural gas (CNG) in Jordan, with a focus on the industrial and
transportation sectors. Watani plays a central role in Jordan's energy
transformation, aiming to enhance energy security, reduce emissions, and expand
access to natural gas across the Kingdom.
About Hexagon Agility
Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and bulk gas transportation. Its
product offerings include (renewable) natural gas bulk distribution systems of
compressed gases, lightweight Type 4 composite natural gas cylinders, and
(renewable) natural gas fuel systems. These products transport clean gaseous
fuels and enable vehicles to reduce emissions while lowering operating costs.
Learn more at hexagonagility.com (https://www.hexagonagility.com/) and follow
@HexagonAgility on LinkedIn.
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility and industrial applications. Learn more at
hexagongroup.com (https://www.hexagongroup.com/) and follow @HexagonASA on
LinkedIn.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Hexagon Composites ASA
Provider
Oslo Børs Newspoint
Company Name
HEXAGON COMPOSITES
ISIN
NO0003067902
Symbol
HEX
Market
Euronext Oslo Børs