Maersk Drilling has entered into an agreement to invest $1m in California-based Clean Energy Systems to help develop a new technology which it believes could help customers move towards carbon-neutral drilling.
The Carbon-Negative Energy concept is based on using biomass waste as fuel to produce syngas, from which renewable natural gas and hydrogen is separated for sale. The resulting hydrogen-depleted syngas will then be used to produce electricity with full capture of CO2 emissions.
By using fuel that consumes CO2 over its lifetime, combined with safe and permanent CO2 storage, the process results in net-negative emissions, efficiently removing CO2 from the atmosphere.
“By investing in Clean Energy Systems’ concept, we are helping to bring alive a new technology which can remove CO2 from the atmosphere,” explained Morten Kelstrup, Chief Operating Officer of Maersk Drilling.
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