Hydrogen production companies are currently at the forefront of the global energy transition, and understanding their diverse approaches requires looking at a range of industry players, from established oil and gas firms to nimble tech startups. One of the most prominent names in this space is a French industrial gas corporation, read which has been investing heavily in carbon capture and water-splitting processes. Their strategy involves constructing mega-facilities for H2 generation that serve manufacturing sectors and, increasingly, the mobility market. Similarly, an American multinational has made headlines with its massive green hydrogen project in NEOM, aiming to produce carbon-free hydrogen using renewable energy sources. This project alone demonstrates how legacy chemical companies are pivoting to become leaders in the low-carbon economy.