
Rely is headquartered in Brussels, Belgium. Technip Energies holds a 60% interest in Rely, while John Cockerill holds 40%. (Source: Shutterstock)
France’s Technip Energies teamed up with Belgium-based John Cockerill, a designer and electrolyzer manufacturer, to form a company dedicated to integrated green hydrogen and Power-to-X projects, according to a Nov. 30 news release.
Called Rely, the company is an asset light joint venture on a mission to decarbonize hard-to-abate industries.
Utilizing a standardized approach, Rely will offer end-to-end large-scale solutions ranging from pre-final investment decision services—such as technical and financial advisory—to proprietary technologies, project execution and operation and maintenance, the release stated.
Rely was formed as the energy industry works to scale green hydrogen, green ammonia and other sustainable fuels.
“We’re determined to develop a portfolio of technologies that will drive down costs over the long haul. This is just the beginning of the story,” Technip Energies CEO Arnaud Pieton said in the release.
Rely is headquartered in Brussels, Belgium. Technip Energies holds a 60% interest in Rely, while John Cockerill holds 40%.
Recommended Reading
E&P Highlights: Feb. 10, 2025
2025-02-10 - Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.
TGS Awarded Two More Streamer Contracts Offshore Norway
2025-02-10 - Data and intelligence TGS provider now has six contracts scheduled on the Norwegian Continental Shelf.
US Drillers Add Oil, Gas Rigs for Second Week in a Row, Baker Hughes Says
2025-02-07 - Despite this week's rig increase, Baker Hughes said the total count 6% below this time last year.
PotlatchDeltic Enters Lithium, Bromine Lease Agreement in Arkansas
2025-02-06 - PotlatchDeltic’s agreement with gives Tetra Brine Leaseco covers about 900 surface acres in Lafayette County, PotlatchDeltic says.
McDermott Completes Project Offshore East Malaysia Ahead of Schedule
2025-02-05 - McDermott International replaced a gas lift riser and installed new equipment in water depth of 1,400 m for Thailand national oil company PTTEP.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.