Powerhouse Energy signs framework services agreement with Petrofac, including the plastics to hydrogen plant.
Powerhouse Energy Group PLC (AIM:PHE) has signed a framework services agreement with Petrofac, the oil, gas and energy facilities fabricator.
Petrofac will provide engineering design and supply chain development services for Powerhouse’s project pipeline, including the plastics to hydrogen plant at the Protos Energy Park near Chester.
Peel NRE, Powerhouse’s partner at Protos, has also confirmed Petrofac as the preferred delivery partner for the proposed construction of the facility on the site.
Keith Riley, Powerhouse’s acting chief executive, said:
Signing the framework agreement with Petrofac is a very important step for PHE in the intended rollout of its projects.
“The agreement allows the two companies to work closely together and brings, to our projects, a significant depth of knowledge and breadth of skills within Petrofac as well as its extensive experience in the market, particularly with the supply chain.”
“I think the way we have set up this agreement brings an exceptional partner on board to take forward our projects; that PHE has not had previously.”
Jon Carpenter, Petrofac’s VP New Energy Services, added:
We are thrilled to be selected as a partner with PHE.
“We see gasification of waste as a key enabler for a net zero future.”
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Powerhouse Energy signs framework services agreement with Petrofac, February 22, 2023