Global energy consultancy AGR’s has today entered into a strategic framework for decarbonisation exploration with UK-based dCarbonX.
The Aberdeen-based firm’s well management business unit will support the development of geoenergy resources, including carbon capture, use and storage (CCUS) and geothermal and hydrogen storage.
It covers dCarbonX’s planned operated projects in the UK & Ireland.
Geoenergy covers a wide scale of technologies and sources developed to produce power from the geological subsurface.
It includes transitioning from hydrocarbons to low carbon alternative such as geothermal energy.
AGR, which is part of Akastor, a subsidiary of Aker Group, specialises in well construction and deconstruction.
Andrew Stannard, executive vice president UK, Mediterranean and Africa at AGR, said: “We are delighted to be partnering with dCarbonX in exploring and developing geoenergy resources.
“With AGR’s extensive experience and track record in the UK and Ireland, we will be able to competently and efficiently support the team at dCarbonX in bringing these plans to fruition.
“The team at AGR have worked with the founders of dCarbonX over many years and they bring a highly credible proposition to the energy transition.”
Tony O’Reilly, chief executive of London-based dCarbonX said: “We are expanding our company’s operational capabilities and therefore we are delighted to have signed this strategic framework agreement with AGR.
“This partnership will allow dCarbonX to plan, approve and execute offshore drilling operations on our various planned GeoEnergy projects by leveraging on AGR’s leading and extensive well engineering experience spanning over 30 years.
“We very much look forward to working with AGR in delivering these projects, which we believe can help to deliver the Energy Transition and a zero-carbon world.”
