Lhyfe, Aquaterra Energy and Borr Drilling partner in Project Haldane
France-based renewable hydrogen producer and supplier Lhyfe Labs (Lhyfe) has announced that it has signed a partnership with UK-headed Aquaterra Energy Ltd, a leader in global offshore engineering solutions, and Bermuda-headed offshore drilling contractor Borr Drilling Ltd to develop an innovative concept for offshore green hydrogen production in the North Sea – Project Haldane.
The organizations behind Project Haldane will develop an industrial-scale offshore green hydrogen production concept, through the deployment of an electrolyzer system on a converted jack-up rig.
Lhyfe is already producing renewable hydrogen in industrial quantities onshore, with a direct connection to renewable energy, pumping seawater 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, said Matthieu Guesné, CEO at Lhyfe.
According to Lhyfe, 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.
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 want to be at the forefront of this change by creating a world-first green hydrogen production of this kind, said Matthieu Guesné.
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 years of experience in the 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, said James Larnder, Managing Director at Aquaterra Energy.
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, said Darren Sutherland, Director of Operations at Borr Drilling.