Woodside has inked an early-stage deal to supply liquid hydrogen from its proposed facilities, including H2Perth, to a Singaporean company to power its data centres.
Woodside has inked an early-stage deal to supply liquid hydrogen from its proposed facilities, including H2Perth, to a Singaporean company to power its data centres.
The oil and gas major said the conditional offtake term sheet with Keppel paved the way for a binding offtake deal for the supply of liquid hydrogen from as early as 2030.
It comes after Woodside chief executive Meg O'Neill said offtake interest in its planned hydrogen projects had been slower than expected across the board, speaking earlier this year.
The Perth-headquartered company has several hydrogen projects underway in Australia and abroad, including its planned H2Perth liquid hydrogen production facility in Rockingham.
Woodside is also progressing its more-advanced H2OK liquid hydrogen project in Oklahoma and has its proposed H2TAS hydrogen plant in Tasmania.
Under the potential offtake deal with Keppel, Woodside said it would source the liquid hydrogen from its proposed production facilities, including H2Perth.
Keppel would use the liquid hydrogen to power its data centre in Singapore, with the intention for it form part of a larger, long-term lower carbon portfolio to power its assets.
Ms O'Neill said the term sheet underpinned progress on hydrogen opportunities.
“We’re pleased to be working with Keppel on the potential for supply of lower carbon energy in the form of hydrogen to its data centres in Singapore,” she said.
Keppel data centres chief executive Wong Wai Meng said the deal had the ability to provide a reliable and stable source of energy to power its assets in Singapore.
“As the energy transition unfolds, Keppel will continue to innovate and seek out likeminded partners to enhance and future proof our data centres as we position ourselves to better serve our customers on their journeys to net zero,” he said.
Keppel operates 35 data centres across 13 countries.
