28-10-21
Global integrated materials and logistics management company, ASCO has been chosen as the supplier of logistics and supply services for Horisont Energi’s pioneering endeavors within the production of clean energy and carbon transport and storage.
The four-year framework agreement with options to extend will provide full logistics and supply services within marine, base and port operations, materials management and control, transport and customs clearance, environmental services, delivery of cargo carriers and associated equipment, as well as other logistic-related services.
Horisont Energi is an innovative company in clean energy and carbon storage technology, with a focus on blue ammonia, blue hydrogen and carbon storage for the industry. The company will build the Europe’s first large-scale factory for the production of “clean” ammonia from natural gas and renewable energy, which means that CO2 is captured during the production process and stored permanently in sandstone reservoirs. Reservoir Polaris is located under the seabed off the coast of Finnmark in Norway. An investment decision is expected for the Barents Blue project around the end of 2022.
Ammonia has a number of industrial applications, including fertiliser production, and today is the world’s second largest industrial gas used, with an established infrastructure for shipping the product across the globe. Ammonia is expected to be used for climate-neutral fuels, particularly in the maritime industry and for the climate-neutral power generation.
Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi commented: “Through the Barents Blue project, Horisont Energi and project partners are in the process of creating a new global production region for pure ammonia, one of the largest ammonia production regions in the world. Ammonia is one of the world’s most important industrial gases, and clean Ammonia will therefore play an important role in the green shift and in low-carbon societies.”
ASCO has assisted Horisont Energi in the process of choosing a site for the onshore facility and has offered a valuable support in Finnmark. This has been an important contribution to the work that has led up to Markoppneset, in the municipality of Hammerfest, Norway as the preferred site for the company’s planned plant for the production of “clean” ammonia.
Runar Hatletvedt, CEO of ASCO Norway commented: “This is a very important contract for us. It channels ASCO’s focus on sustainable solutions and cements that we want to contribute positively to the green shift with optimal logistics solutions.”
About ASCO:
ASCO is the leading materials management and logistics company for the global energy industry. Headquartered in Aberdeen, UK, ASCO operates from over 70 locations worldwide and employs c.1,500 people.
As the essential partner for global energy materials and logistics management, ASCO works with the world’s largest operators to deliver safety and service excellence while remaining focused on sustainability across all operations. Digitalisation and modernisation are at the heart of operations at ASCO. The Group’s innovative processes and systems means the company is at the forefront of driving supply chain efficiency.
ASCO Group Ltd (ASCO) is owned by Zander Topco Ltd.
To find out more, visit: www.ascoworld.com
ASCO Norway operates supply bases for the oil and gas industry. The head office is in Tananger, with branch office in Oslo, Kristiansund, Farsund, Sandnessjøen and Hammerfest.
The company has 210 employees and is part of ASCO Group
About Horisont Energi
Energi Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy start-up that provides clean energy and carbon storage services at industrial scale. The company transforms gas into cost-leading clean ammonia and hydrogen, and offers CO2 transportation and storage solutions using proprietary technology, paving the way for a low carbon economy. The company was founded in 2019 and is headquartered in Sandnes, Norway. www.horisontenergi.no
About Barents Blue
Barents Blue will be Europe’s first pure ammonia production on a large scale. Based on natural gas from the Barents Sea, the project will include a world-class pure ammonia plant in Finnmark. Barents Blue will have a production capacity of 3000 tonnes of ammonia per day when the plant comes intodrif t. During the production process, carbon will be captured and transported by ship to the Polaris reservoir for storage, with an estimated capacity of more than 100 million tonnes below the seabed off Finnmark, which corresponds to twice Norway’s annual greenhouse gas emissions.