WOOD and NEL Hydrogen have signed an agreement to support the delivery of large-scale green hydrogen facilities.
The three-year engineering framework agreement will see Wood work with NEL Hydrogen to develop and execute large-scale green hydrogen plants in select regions around the world.
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. We are delighted to enter into a new agreement which will provide NEL Hydrogen with project development and implementation capabilities.”
Jon André Løkke, CEO of Nel ASA, said: "We are very excited to be entering into this agreement with Wood, which has extensive experience from large, complex projects worldwide. As green hydrogen projects are growing in size and complexity, it is crucial for our success to have strong partners to strengthen our project management and execution capabilities. This is a long-term commitment, and we look forward to working together.”
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