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maersk-drilling-invests-in-carbon-neutral-drilling-technology
maersk-drilling-invests-in-carbon-neutral-drilling-technology

Maersk Drilling invests in carbon-neutral drilling technology

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Drilling rig operator Maersk Drilling has entered into an agreement to invest $1m in California-based Clean Energy Systems to help develop a new technology called Carbon-Negative Energy.

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 be used to produce electricity with full capture of associated 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, effectively 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,” said Morten Kelstrup, Chief Operating Officer of Maersk Drilling.

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