team work

3 companies collaborate to build green hydrogen facility in Houston

The project is expected to be completed in the second quarter of this year. Graphic courtesy of HNO

Three corporations have teamed up to deliver a first-of-its-kind hydrogen production project to be located in the Houston area.

California-based HNO International Inc. has teamed up with Colorado-based Element One Energy and Houston-based Pneumatic and Hydraulic Co. to develop a hydrogen production facility that will produce 500 kilograms of green hydrogen a day.

"This collaboration represents a major milestone in our commitment to sustainable energy solutions," Donald Owens, chairman at HNO International, says in a news release. "The development of the 500kg per day green hydrogen production facility in Houston is a testament to our dedication to advancing sustainable hydrogen infrastructure.

"This facility is just the beginning, as we have plans for additional installations in 2024, 2025, and beyond, further solidifying our position as leaders in the hydrogen energy infrastructure sector," he continues.

The facility will install HNO International's Scalable Hydrogen Energy Platform, or SHEP, a hydrogen energy system that's designed to produce, store, and dispense green hydrogen from water using a 1.25 megawatt electrolyzer. SHEP is scalable, modular, and compact, requiring less than 3,000 square feet of space.

For 60 years, Pneumatic and Hydraulic Co. has worked in the compressed gas industry with its hydrogen division Total Hydrogen Solutions, serving a range of industries, including notable aerospace clients like SpaceX, Blue Origin, NASA,

Element One Energy designs and manufactures electrolyzers and solid-state hydrogen storage systems with over 20 years of engineering experience with cryogenic storage and high pressures.

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A View From HETI

Devon Energy will buy Houston-based Coterra Energy. Photo via Coterra Energy

Oklahoma City, Oklahoma-based Devon Energy has agreed to buy Houston-based Coterra Energy in a $21.5 billion all-stock deal, forming an energy powerhouse that will be headquartered in Houston. The combined company, boasting an enterprise value of $58 billion, will adopt the Devon brand name.

Revenue for the two publicly traded companies totaled nearly $18.8 billion in the first nine months of 2025. Devon is a Fortune 500 company, but Coterra doesn’t appear in the most recent ranking.

The deal, already approved by the boards of both companies, is expected to close in the second quarter of 2026. Once the transaction is completed, Devon shareholders will own about 54 percent of the combined company and Coterra shareholders will own 46 percent.

“This transformative merger combines two companies with proud histories and cultures of operational excellence, creating a premier shale operator,” says Clay Gaspar, Devon’s president and CEO.

The combined company will be one of the world’s largest shale producers, with third-quarter 2025 production exceeding 550 thousand barrels of oil per day and 4.3 billion cubic feet of gas per day. A significant presence in the Delaware Basin, encompassing hundreds of thousands of acres, will anchor the company’s operations. The 10,000-square-mile Delaware Basin is in West Texas and southeastern New Mexico.

The new Devon also will operate in the Permian Basin, located in West Texas and New Mexico; Marcellus Shale, located in five states in the East; and Anadarko Basin, located in the Texas Panhandle, Colorado, Kansas, and Oklahoma.

Gaspar will be president and CEO of the combined company, and Tom Jorden, chairman, president, and CEO of Coterra, will be non-executive chairman.

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