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Hexagon Composites

Regulatory Filings Aug 13, 2025

3619_rns_2025-08-13_09a3f96d-ac53-4f63-99bd-ba4310fa74b5.html

Regulatory Filings

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Hexagon Agility receives inaugural Mobile Pipeline[® ]order from Watani in Jordan

Hexagon Agility receives inaugural Mobile Pipeline[® ]order from Watani in Jordan

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 | [email protected]

David Bandele, CFO, Hexagon Composites

Telephone: +47 920 91 483 | [email protected]

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.

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