Stena Drilling recently entered into a strategic framework agreement for decarbonization exploration along with the UK-based dCarbonX. In fact, under their collaboration, partners will support the development of offshore “geoenergy” resources.
As Stena Drilling informed, both sides are looking to develop a new sector to realize opportunities linked to the global energy transformation.
Specifically, the companies will work together to engineer solutions to discover and develop subsurface assets for combinations of geothermal energy, molecular energy storage, and carbon sequestration.
“We’re pleased to sign an agreement with dCarbonX to advance our journey in the Energy Transition. This innovative partnership dovetails well with the work Stena is doing in sustainability, research into cleaner fuels and emissions reduction”.
…as Erik Ronsberg, CEO of Stena Drilling said.
What is more, the agreement will focus on offshore decarbonization exploration drilling, as a new innovative and sustainable enabler of the energy transition.
“Stena’s corporate commitment and demonstrated track record in safety, environmental stewardship and innovation are further compelling reasons for this partnership. We look forward to working with Stena on delivering our exciting forward programme of GeoEnergy projects”.
…Tony O’Reilly, CEO of dCarbonX concluded.
