(Oslo/Stavanger) – The two Norwegian companies Nel ASA and Aibel AS want to jointly “develop large-scale, complex projects for renewable hydrogen”. No details were given, but both expect positive long-term business development due to their respective know-how.

Aibel operates in the oil, gas and wind industries and offers, among other things, construction and engineering services as well as modernization and maintenance for offshore and onshore projects. According to the company, the approximately 4.000 employees work in Norway and Southeast Asia.

With this collaboration, the group apparently sees itself on the way to leaving the fossil fuel business behind in the long term. We see “many new business opportunities in a rapidly growing green energy industry,” says Mads Andersen, President and CEO of Aibel: “The agreement with Nel represents another strategic step in our ongoing business transformation towards renewable energy segments.”

Nel also sees the collaboration as being long-term. “This partnership is a long-term commitment and we look forward to working with Aibel to further strengthen our competitiveness,” says Jon André Løkke, CEO of Nel ASA. Aibel is already involved in the delivery of the PEM hydrogen production plant with an output of 20 megawatts to the Spanish energy service provider Iberdrola SA. NEL received the order in January.

deep link
https://aibel.com/news/new-framework-agreement-for-renewable-hydrogen-projects

Photos
Illustration of a platform to be installed in the “Dogger Bank” wind farm, an elongated submarine sandbank in the North Sea on the northwestern edge of the German Bight. Aibel received the construction contract in November 2019 from the SSE Renewables and Equinor consortium, which is developing the world's largest offshore wind farm in the British part of the North Sea. Dogger Bank has a total output of 3,6 gigawatts and is scheduled to be completed in several construction phases by 2025. / © Aibel