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September 21, 2021updated 31 Mar 2022 10:30am

Aquaterra to develop world-first offshore green hydrogen jack-up rig

A partnership has been signed between Aquaterra Energy, Lhyfe, and Borr Drilling to develop offshore green hydrogen production in the North Sea.

By Sam Tabahriti

In an attempt to solve the issue of challenges around grid connectivity and intermittency of supply in the North Sea, Aquaterra Energy has partnered with Lhyfe and Borr Drilling in a production concept for a world-first offshore green hydrogen jack-up rig.

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The consortium will develop an industrial scale offshore green hydrogen production concept, through the deployment of an electrolyser system on a converted jack-up rig in the North Sea.

Aquaterra Energy said that reliable winds far out in the North Sea are an exceptional renewable resource, yet remote locations create challenges around grid connectivity and intermittency of supply.  Project Haldane will solve this issue by providing an offtake for the electricity produced in the immediate vicinity of the windfarm and aims to use existing platforms, pipelines, terminal, infrastructure, and offshore equipment, leveraging the existing infrastructure to reduce costs.

James Larnder, managing director at Aquaterra Energy, said: “We are excited to be the interface that brings together the interest of Lhyfe in offshore markets and expands on Borr Drilling’s expertise in jack-up rig equipment.

“Our unique value here is that we are multilingual in terms of the engineering and operational needs of oil and gas assets, and green energy processing systems”. He also added that they are looking forward to taking the project “from concept to reality”.

The consortium believes, with governments pushing net-zero initiatives forward, that this concept offers an alternative deployment of existing assets that provides both a source of green hydrogen and enhances the commercial feasibility of remote offshore wind projects.

Darren Sutherland, director of operations at Borr Drilling, said that the company “will leverage its core capabilities to evaluate the adoption of this alternative energy source in an environment with a large untapped potential. This project reinforces our ambition to continuously improve the sustainability of our activities”.

Aquaterra was founded in 2005 and is a provider of equipment and solutions to the global offshore energy industry.

The consortium also includes Lhyfe and Borr Drilling. Lhyfe was founded in France in 2017 and it produces and supplies renewable hydrogen for industrial transport. Borr Drilling owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry.

 

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Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
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  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
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