Norway’s Equinor and France’s Engie will work together to develop ways to produce hydrogen with low carbon emissions, the two companies said Feb. 18.
The partners will investigate the production and market potential for so-called “blue” hydrogen derived from natural gas. Resulting carbon emissions are captured and stored permanently offshore.
The companies said they would start discussions with potential customers in Belgium, the Netherlands and France to assess the viability of the project as well as with stakeholders and relevant authorities.
Hydrogen produced without CO2 emissions could help reduce emissions from energy-intensive industries such as cement or steel production by replacing natural gas.
“This development of low carbon and renewable hydrogen will accelerate the construction of new hydrogen infrastructure and the repurposing of current natural gas infrastructure, thus paving the way for net zero in 2050,” Engie and Equinor said in a statement.
Equinor, Europe’s second largest natural gas supplier after Russia’s Gazprom, is also involved in a project to permanently store CO2 captured from onshore industrial plants under the seabed in the North Sea.
Today, most of the hydrogen in the world is produced from natural gas, but the process also releases climate-warming CO2, making it not sustainable.
An alternative is to produce emission-free hydrogen by splitting water molecules with an electric current produced by renewable energy. However, it has cost more.
Recommended Reading
E&P Highlights: April 7, 2025
2025-04-07 - Here’s a roundup of the latest E&P headlines, from BP’s startup of gas production in Trinidad and Tobago to a report on methane intensity in the Permian Basin.
Tamboran, Falcon JV Plan Beetaloo Development Area of Up to 4.5MM Acres
2025-01-24 - A joint venture in the Beetalo Basin between Tamboran Resources Corp. and Falcon Oil & Gas could expand a strategic development spanning 4.52 million acres, Falcon said.
TGS to Conduct Ocean-Bottom Node Survey Offshore Trinidad
2025-04-07 - TGS has awarded a client a shallow water ocean bottom node contract offshore Trinidad.
E&P Highlights: Jan. 21, 2025
2025-01-21 - Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
VoltaGrid to Supply Vantage Data Centers with 1 GW of Powergen Capacity
2025-02-12 - Vantage Data Centers has tapped VoltaGrid for 1 gigawatt of power generation capacity across its North American hyperscale data center portfolio.