Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has entered into a contract for alkaline electrolyzer equipment from Australia-based Woodside Energy for its proposed hydrogen project, H2OK, in Ardmore in the state of Oklahoma. The contract has a total value of about NOK 600 million (US$57 million).
This is a firm purchase order for alkaline stacks, balance of stack (BoS) equipment and engineering for the balance of plant (BoP) equipment (which Woodside will provide). There are pass-through mechanisms for steel and nickel price increases. Woodside aims to proceed with FID in 2023. Production of electrodes is estimated throughout 2024.
The electrolyzer stacks will be manufactured in Nel’s factory at Herøya, the world’s only fully automated electrolyzer facility.
H2OK—Woodside’s first hydrogen project in the US—is a liquid hydrogen production facility…