23 September 2021
Petrofac signs strategic partnership with green hydrogen firm, Protium
Petrofac, a leading international service provider to the energy industry, announces the signing of a strategic partnership with leading UK green hydrogen energy company, Protium.
The strategic partnership aims to provide clients with access to Protium’s green hydrogen expertise and Petrofac's world-class engineering, procurement and construction (EPC) and energy project delivery legacy – drawing this knowledge together to deliver market-leading, innovative green hydrogen and net zero projects across the UK.
The two brands will leverage Petrofac’s technical engineering expertise during the early phases of Protium's projects with the aim of delivering the full EPC offering to shared clients. This includes projects involving the development of renewable energy assets, green hydrogen production facilities and downstream hydrogen equipment. Through this partnership, clients will benefit from the expedited delivery of green hydrogen projects that are both innovative and bespoke depending on the client’s sector and energy needs.
With an expanding CAPEX pipeline totaling more than £1 billion, Protium’s work assists businesses to transform their decarbonisation strategies to achieve net zero, specifically through the decarbonisation of mobility, thermal and electrical demand.
Commenting on the partnership, John Pearson, COO of Petrofac, said:
“The announcement of our alliance with Protium neatly demonstrates Petrofac’s commitment to support the creation of a more integrated energy future in the UK. We’re delighted to combine Petrofac’s engineering, project management and operations capabilities with Protium’s green hydrogen and project development expertise to support its target to deliver 1GW of production assets by 2030 for a range of industrial customers.”
Chris Jackson, CEO of Protium, said: “I am delighted to announce our partnership with Petrofac, whose world-leading experience in green hydrogen EPC work (notably with Infinite Blue Energy’s Arrowsmith project in Australia) will enable Protium to deliver exceptional projects for our clients. This marks another exciting chapter in the development of Protium as we continue to secure best-in-class partners, clients, sites and staff to accelerate the transition to net zero energy solutions.”
Protium and Petrofac are already actively pursuing a number of commercial green hydrogen projects around the UK, as well as jointly bidding on multiple government-funded programs to demonstrate the technical and commercial effectiveness of green hydrogen solutions.