WOOD has teamed up with a Norwegian hydrogen specialist to help it win business in the emerging clean energy sector. The Aberdeen-based engineering giant said it has entered into a three-year agreement with NEL Hydrogen to support the delivery of large-scale green hydrogen production plants. It said these could support the transition towards an integrated, lower carbon future.
READ MORE: North Sea oil services heavyweight praised in City for response to renewables revolution
The plants produce hydrogen fuel from water in a process that involves using renewable energy to separate out its constituents. Craig Shanaghey, President of Wood’s Operations across Europe, Middle East, and Africa, said: “If the world is going to realise the potential of hydrogen as a sustainable, clean, and plentiful energy vector, a vast increase in production is necessary. “ He said Wood will provide NEL with project development and implementation capabilities. NEL has developed electrolysers which it says can be used to produce hydrogen on demand. Its products are used around the world.
READ MORE: Pioneering scheme to produce hydrogen on Kintyre peninsula advances
Led by chief executive Robin Watson, Wood has made a big push for growth in the renewable energy sector and related markets. This has helped the firm reduce its reliance on the North Sea oil services business in which it made its name. Oil firms have slashed spending in the North Sea amid the fallout from the coronavirus crisis.
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