A framework agreement has been reached between Nel ASA and Aibel, a energy service provider. The firms would pool their resources to build and deliver large-scale, complex renewable hydrogen projects.

Aibel is a service company that works with customers in the oil, gas, and offshore wind industries to provide engineering, design, upgrades, and maintenance services for offshore and onshore projects over their entire life cycle.

“We are very excited to be announcing this collaboration with Aibel, a company with vast experience in delivering large scale, complex projects across industries. Their in-house construction expertise and experience in fabrication and modularization will add significant value to Nel’s global delivery and project execution abilities. This partnership is a long-term commitment, and we look forward to working with Aibel to further strengthen our competitiveness and deliver efficient, cost competitive and predictable projects to our customers.”
Jon André Løkke, CEO of Nel ASA

“The agreement with Nel marks an important milestone for Aibel and represents another strategic step in our ongoing business transformation towards renewable energy segments. Together with Nel we foresee many new business opportunities in a fast-growing, green energy industry.”
Aibel’s President & CEO Mads Andersen.