D2Zero Business Update: Accelerating Strategic Momentum

D2Zero, the decarbonisation and clean energy solutions Group, works closely with customers across critical industries to deliver progress on four key areas of the energy transition: emissions reduction; clean hydrogen; power efficiency and resilience management; and carbon capture & storage. D2Zero’s approach is to bring together differentiated technical capabilities built up over decades and align them behind a common focus on decarbonising traditional energy sources, whilst accelerating the transition to renewable energy. Today the Group provides an update on recent business developments.

Delivery of critical decarbonisation projects

D2Zero is delighted to confirm that Hydrasun, a D2Zero company, has been selected by Aberdeen Hydrogen Energy Ltd, a joint venture between BP and Aberdeen City Council, to support the delivery of the Aberdeen Hydrogen Hub. Hydrasun will provide specialist expertise to support the design and build of the project that will incorporate solar power, green hydrogen production and refuelling facilities for transport.

The Aberdeen Hydrogen Hub is a flagship hydrogen project for the UK and is core to the decarbonisation of transport fleets followed by wider city scale and industrial scale decarbonisation, in addition to delivering significant community benefits thorough job creation, reduced air pollution and increased investment. Hydrasun will work closely with Aberdeen Hydrogen Energy Ltd to develop the supply chain, skills and training to position Aberdeen as a hydrogen leader and a model for how scalable green hydrogen solutions can play a critical role in delivering net zero for cities and regions.

Hydrasun has a significant and growing pipeline of opportunities for the provision of hydrogen infrastructure. Our market leading capabilities across the project lifecycle mean that we are a partner of choice to deliver hydrogen solutions to support a more secure and sustainable global energy future.  

Acquisitions to strengthen and expand our capability  

D2Zero brings together leading technologies to help customers solve their decarbonisation challenges. Acquisitions are core to our strategy, and we have a strong and active pipeline of opportunities. We take a highly selective, disciplined approach to identifying  high quality companies that can strengthen our leading positions in our core areas of focus, expand our expertise and accelerate growth.

Today we are delighted to welcome OSL Consulting Engineers, a leading technical engineering company, to D2Zero. OSL brings a 100+ strong team of innovative engineering consultants into the Group with experience of delivering complex projects for some of the most progressive energy companies in the world.

OSL’s capabilities span all stages of project development from concept, feasibility, FEED, design and EPCm, with specialist expertise aligned to D2Zero’s core areas of focus within the energy transition such as hydrogen solutions and carbon capture & storage.

Taking our place in the Energy Transition Zone  

D2Zero is proud to have opened new headquarters in Aberdeen’s Energy Transition Zone(‘ETZ’), the largest dedicated energy transition complex in Europe. Within this globally integrated new energy cluster, D2Zero will join other highly innovative companies with a dedicated focus on energy transition solutions.

The ETZ’s ability to attract specialist skills and world class expertise will support D2Zero’s ambitious plans to grow its workforce and support its 4,000people around the world with leading-edge innovation from the heart of a new, globally recognised green energy cluster.

D2Zero’s Chairman, Colin Welsh, a Partner at SCF, said: “D2Zero was founded on the premise that by bringing leading and complementary decarbonisation technologies together, under a supportive infrastructure and strong leadership, we could significantly accelerate progress and deliver breakthrough innovations for the energy transition. Whether it is reducing the carbon footprint of oil and gas, or supporting the development of renewables and new energy infrastructure, a successful energy transition depends on high quality service, product, and technology companies. I am very pleased to see the momentum at D2Zero and excited about the significant opportunities for D2Zero to deliver decarbonisations solutions at scale.”

Bob Drummond, Chief Executive Officer of D2Zero, said: “The progress we have announced today provides an insight into high levels of activity and energy within D2Zero. We have demonstrated that D2Zero is a trusted partner for customers seeking to deliver highly complex projects that are critical to their decarbonisation and net zero objectives. Building on decades of track record and experience, together these announcements of a new landmark project, a new acquisition, and a new home at the heart of the energy transition show that we are an ambitious company with momentum and excitement about the future. Thank you to all our D2Zero colleagues for their continued collaboration, hard work and belief that together, it’s possible.”

Sir Ian Wood, Chairman of ETZ Ltd, said: “D2Zero is at the forefront of the energy transition and its expert team shares our ambition for new innovation and global leadership in low-carbon technologies. At the Energy Transition Zone (ETZ) we are creating the conditions to establish the UK as a global leader in the energy transition and a future exporter of products, services, technologies and skills.  I am delighted that D2Zero has chosen to make this globally integrated new energy cluster their home.”