Lhyfe, Aquaterra Energy and Borr Drilling form partnership for pioneering offshore green hydrogen jack-up rig production concept
Nantes, France, 22 September 2021: Lhyfe, renewable hydrogen producer and supplier has signed a partnership with Aquaterra Energy, a leader in global offshore engineering solutions, and offshore drilling contractor Borr Drilling to develop an innovative concept for offshore green hydrogen production in the North Sea.
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The organisations behind Project Haldane, will develop an industrial scale offshore green hydrogen production concept, through the deployment of an electrolyser system on a converted jack-up rig.
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. This unique, flexible solution will solve this issue by providing an off take 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.
With governments pushing net zero initiatives forward, 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.
“With our expertise in complex offshore operations and fleet management, Borr Drilling will leverage its core capabilities to evaluate the adoption of this alternative energy source in an environment with a large untapped potential. While we will continue to work in our traditional drilling market, this project reinforces our ambition to continuously improve the sustainability of our activities and align our service offering with the changing expectations of our customers and stakeholders.” says Darren Sutherland, Director of Operations at Borr Drilling.
“Lhyfe is already producing renewable hydrogen in industrial quantities onshore, with a direct connection to renewable energy, pumping sea water and purifying it to feed the electrolysis process. This is hence a production process already considering offshore harsh conditions. Over the last few years, we have also been working on different projects to deploy our production process offshore. Offshore wind offers the greatest potential for sustainable hydrogen production because of the cost effectiveness that can be achieved through scalability and technological innovation. The market is yet to deliver a flexible solution that benefits from the existing infrastructure in the North Sea and Lhyfe wants to be at the forefront of this change by creating a world-first green hydrogen production of this kind,” says Matthieu Guesné, CEO at Lhyfe.
“With years of experience in successful delivery of complicated offshore jack up operations, complex structural projects and offshore process systems 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. We’re looking forward to taking this from concept to reality,” says James Larnder, Managing Director at Aquaterra Energy.
While the concept is still in its early stages, the consortium welcomes any interested parties to submit enquiries.
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Lhyfe was founded in France in 2017. The company produces and supplies renewable hydrogen for transport and industry. Its production sites provide access to renewable hydrogen in industrial quantities and give rise to a virtuous energy model geared towards environmental benefits. Lhyfe is also present in Germany, Denmark, the Netherlands and Spain.
About Aquaterra Energy
Aquaterra Energy is a provider of equipment and solutions to the global offshore energy industry, helping clients drive efficient and sustainable offshore operations from drilling and field development, to decommissioning, carbon capture and storage, renewable and hydrogen projects. The company provides services across the seabed-to-surface value chain, and specialises in riser systems and design analysis, tools and products needed during the first days of a well’s operation, and components for offshore structures, including the Sea Swift platform, which provides a technologically superior and more cost-effective alternative for projects in shallow waters. Many of Aquaterra Energy’s most popular tools and products are available on either a rental or purchase basis.
The company was founded in 2005, and has supported customers in the North Sea, South East Asia, West Africa, the Caribbean and Australia. Aquaterra Energy is headquartered in Norwich, UK, and has additional offices in the UK, Norway, Perth and Egypt.
About Borr Drilling
Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the Oslo Stock Exchange from August 30, 2017 and New York Stock Exchange from July 31, 2019 under the ticker BORR. The company owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry worldwide in water depths up to approximately 400 feet.
With a low-cost base, a strong and experienced organisational culture, combined with a unique capital structure, Borr Drilling is built to make a difference. www.borrdrilling.com