Wood, Transitus to develop decarbonisation models for UK industry
SUMMARY
The two companies will collaborate to develop a fit-for-purpose duty holder model to support future infrastructure investments.
By Shardul SharmaWood, an energy and engineering company, has signed a memorandum of understanding (MoU) with Transitus Energy to explore opportunities for onshore and offshore decarbonisation projects in the UK energy industry, Wood announced on June 15.
The two companies will collaborate to develop a fit-for-purpose duty holder model to support future infrastructure investments, and position Wood as a strategic partner, providing onshore and offshore lifecycle asset management engineering and operational solutions.
Transitus is focused on facilitating the transition of oil and gas operators and the wider industry to low-carbon energy, Wood said, adding that they seek to enable industrial fuel switching and the transition of natural gas production to low-carbon hydrogen.
This collaboration will involve developing operating models, capabilities, and solutions that are geared towards responsible, efficient, and safe production, while also supporting the development of the energy transition and hydrogen production market.
