Coregas, Hyundai, Jemena sign hydrogen station deal in NSW
The hydrogen refuelling station is the only one of its kind in Australia, although one is being constructed in Australia Capital Territory, and others are planned for Melbourne and Brisbane. Supply to Macquarie Park will begin early in 2021, with the hydrogen used in Hyundai's vehicle refuelling station. This deal will further strengthen Australia’s rapidly-growing zero-emission vehicle industry.
It is the second time that Coregas has partnered with Hyundai. The company was involved in the development of Hyundai’s hydrogen-powered concept car, the ix35, which ran on Coregas hydrogen. The other company in the project, Jemena, will produce the power-to-gas project in Sydney that will produce the green hydrogen.
Alan Watkins, the executive general manager of Coregas, commented on the deal: “Our partnership with Hyundai and Jemena is the first step towards demonstrating that Australia has the opportunity to be a world leader in the hydrogen-powered vehicle industry. This is the first of many small steps needed to accelerate the use of hydrogen and fuel cell technologies for transportation in Australia. Coregas looks forward to contributing to the future of clean energy and green transportation in Australia.”.
The global hydrogen-powered vehicle industry was valued at around $650mn in 2018. This figure has been forecast to grow by a factor of 60 by 2026.
Global Offshore rebrands Enelift and invests in global hubs
Global Offshore has rebranded Enelift and will invest "a seven-figure sum" in establishing new support hubs in Houston, Dubai, Singapore, Perth and the Caspian during the next six months.
The investment will cover oil, gas and renewables, mainly concentrating on manufacturing capability with associated R&D, as well as in stock held in the hubs.
The company’s flagship Hinge Lok technology provides aluminium, non-welded light weight transportation cradle for casing and tubing. Enelift now plans to enhance its offering by augmenting its existing solutions with robotics and remote operational and training technology, which will reduce manpower for handling offshore equipment that is transported and stored using the Hinge Lok system.
Enelift is partnering with "a Japanese robotics company" and the technology will be trialed with "a Norwegian operator on a Norwegian drilling rig", according to a statement.
Operating from its bases in Aberdeen, UK and Esbjerg, Enelift was founded by 35-year industry veteran and Managing Director Paul Brebner 10 years ago to offer the offshore energy industries safe, reliable and efficient storage and transportation of equipment.
The expansion plans are bolstered by the appointment of Jim Clark of the Craigendarroch Group to Chairman, and Adam Maitland to Non-Executive Director. Maitland is the Managing Director of Hutcheon Mearns IF, and brings his wealth of expertise in the field of corporate finance.
Brebner said Enelift may be a new name in the market, but the experience it brings is "industry renowned".
"Our solutions are underpinned by safety that enables inefficiencies and their associated costs to be eradicated – meaning operational personnel can focus doing what they do best, safely. We remain committed to providing the safest storage and transportation solutions for equipment in the sector as we grow our global operations," he said.
Clark said the market is changing and its solutions fully support customers’ economic and safety aspirations.
"We are very well placed to take full advantage of increasing opportunities in the Middle East, Africa, Far East and Americas. Safety is our absolute commitment to our customers and our support hubs will facilitate this. Aligning our identity to our entire offering ensures that we will drive our expansion through new products and global support sites across the rest of this year."