Continuing its expansion into new and renewable energy, international energy services company Petrofac has signed a Memorandum of Understanding (MoU) with independent clean energy champion Storegga Geotechnologies.
The two companies will collaborate on potential business development and project initiatives in hydrogen, carbon capture and storage (CCS) and other low carbon projects.
With an initial focus on the UK Continental Shelf (UKCS) and North West Europe, the MoU also includes scope for the parties to work together internationally.
“Like our existing offshore wind portfolio, CCS, hydrogen and other low carbon technologies require the complex engineering, project management and asset management capability we have developed in oil and gas,” said John Pearson, Petrofac Engineering & Production Services’ Chief Operating Officer, and global Corporate Development Officer.
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