Maersk Drilling invests in new tech concept to help develop carbon-neutral drilling

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By Nermina Kulovic Danish offshore drilling contractor Maersk Drilling has entered an agreement to invest $1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy.

The concept builds on proven technology originally developed for the aerospace industry, which is now being deployed in a process that is expected to result in net-negative carbon emissions, Maersk Drilling explained on Wednesday.

For Maersk Drilling, this is one of several opportunities being pursued in order to help the company’s customers move towards carbon-neutral drilling.

A full-scale deployment of the Carbon-Negative Energy concept will produce renewable fuel and power, and

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