Page 19 - EurOil Week 45
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EurOil                                      NEWS IN BRIEF                                             EurOil


       of-understanding to co-develop Humber   “associated infrastructure” at its Lingen   Equinor awards extra
       Zero, a large scale decarbonisation project   Refinery. The electrolyser, BP said, was
       that is fully aligned with the wider Humber   expected to generate nearly 9,000 metric tons   contracts for Bacalhau
       Industrial Decarbonisation Deployment   of hydrogen per year.
       Project (Humber DP).                   Renewable, or green hydrogen, refers to   Equinor has let contracts to Baker Hughes,
         Initially, Humber Zero will decarbonise   hydrogen produced via the electrolysis of   Halliburton, and Schlumberger for drilling
       8Mt per annum of CO2 emissions, with the   water, with the electricity used in the process   and well services on Bacalhau field in the
       potential to target 30Mt of CO2 emissions   coming from renewable sources like wind   Santos basin off Brazil.
       from the wider Humber Cluster to the west   and solar.                     The contract scope awarded to Baker
       of Immingham.                          In its own announcement, Orsted said it   Hughes covers drilling services and
         The North Sea operator emphasized   expected the electrolyser at the Lingen Green   completion. Halliburton’s scope of work
       that the V Net Zero project is aligned to its   Hydrogen project to be powered by one of its   will include intervention services and liner
       energy transition strategy and will be critical   offshore wind farms in the North Sea.   hanger, while Schlumberger will deliver
       to delivering low carbon infrastructure on   “Heavy industries such as refineries   wireline services. The contracts have a firm
       Humberside, the UK’s most carbon-intensive   use large quantities of hydrogen in their   period of 4 years and two 2-year options. The
       industrial region.                  manufacturing processes,” Martin Neubert,   total value of the three contracts is estimated
                                           executive vice president at Orsted, said in a   at $455mn.
                                           statement issued on November 10.       Front end engineering and design (FEED)
       BP, Orsted team up for              replacing the currently fossil-based hydrogen   contracts with early commitments and pre-
                                              “They will continue to need hydrogen, but
                                                                                investments for Phase 1 development were
       green hydrogen at refinery          with hydrogen produced from renewable   awarded in January.
                                                                                  Bacalhau, 185 km from the coast of Sao
                                           energy can help these industries dramatically
       Orsted and BP are to work together on the   lower their CO2 footprint,” he added.  Paulo, in 2,050 m water depth, will be the
       development of a large-scale renewable   Together, Orsted and BP have made   first greenfield development in the presalt by
       hydrogen project at a refinery in north-  an application for funding from the EU   an international operator. A final investment
       west Germany, the latest example of major   Innovation Fund, which is focused on the   decision is planned in 2021 with first oil
       businesses in the energy sector focusing on so   “demonstration of innovative low-carbon   expected in 2024. Phase 1 development
       called “green hydrogen.”            technologies.”                       capacity is 220,000 bpd.
         In an announcement on November 10,   According to BP, a final investment   Equinor is operator in Bacalhau (40%)
       BP said it had signed a letter of intent with   decision is expected in 2022, “subject to   with partners ExxonMobil (40%), Petrogal
       Orsted to collaborate on the project.  appropriate enabling policies being in place.”   Brasil (20%), and Pré-sal Petróleo SA (PPSA,
         According to the oil and gas giant, the   The project could be up and running by   non-investor government agency).
       scheme will involve the development of   2024.
       an initial 50 MW electrolyser as well as
















































       Week 44   12•November•2020               www. NEWSBASE .com                                             P19
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