Petrofac has signed a Memorandum of Understanding (MOU) with independent clean energy company, Storegga Geotechnologies.
The MOU builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.
The agreement supports Petrofac and Storegga to collaborate on potential business development and project initiatives in carbon capture and storage (CCS), hydrogen and other low carbon projects. With an initial focus on the UKCS and North West Europe, the MOU also includes scope for the parties to work together internationally.
Petrofac was recently awarded a Project Management Office support contract for the Acorn project with Pale Blue Dot, of which Storegga is the holding company.
Read the article online at: https://www.energyglobal.com/special-reports/06082020/petrofac-and-storegga-geotechnologies-team-up/