news

6 November 2023:
Transitus & Oort Energy to develop zero carbon hydrogen solutions

Transitus Energy and Oort Energy have entered into a Letter of Intent to explore joint development opportunities across the UK and Europe for production of low-carbon electrolytic hydrogen. The collaboration brings together Transitus’ vision of decarbonising energy production in the North Sea region and Oort Energy’s innovative Polymer Electrolytic Membrane electrolysis technology. Oort claim this is the most efficient and lowest cost technology in the marketplace, especially for smaller-scale power generation up to 10MW.  

Jack Peck, CEO of Transitus, commented:

“Working with Oort Energy is a vital step in completing the Transitus Energy hydrogen solutions offer.

Their electrolysis technology supports a highly scalable approach to zero carbon hydrogen production, suitable for a wide variety of potential clients. Whether for immediate use or for energy storage purposes, Oort’s technology empowers Transitus to present our clients with the full spectrum of cutting-edge, pragmatic, and cost-effective hydrogen energy options.” 

Nick Van Dijk, CEO of Oort Energy Ltd, commented:

“Cutting through complexity and delivering a managed solution for customers is key to us. We believe that working with Transitus will enable customers to find the right solutions in their drive to achieving a Net-Zero position.” 

 Bjørn Inge Tønnessen, Executive Chair of Transitus, observed:

“Transitus Energy and Oort Energy are ideal partners because both firms are focused on delivering scalable and economically practical solutions to energy transition.”

For questions, contact:
Alex Williams, Executive Director Strategy & Communications, Transitus Energy Limited. alex@transitus.energy / +44 7875 357 208.

Marcus Bull, Chief Commercial Officer, Oort Energy Limited m.bull@oortenergy.com / +44 7436 928 073.

About Transitus Energy
Transitus is a UK hydrogen solutions company that is designed to enable rapid, affordable, pragmatic energy transition, through the production and supply of low-carbon hydrogen energy. Transitus is co-invested by Bangchak Corporation Public Company Limited (BCP), a diversified energy conglomerate based in Thailand, acting through its clean energy subsidiary BCP Innovation PTE LTD, (BCPI). www.transitusenergy.com

About Oort Energy:
Oort Energy, headquartered in Bristol, is a manufacturer of green hydrogen systems for energy storage and clean fuel. They are innovators who have found the solutions to the major cost-barriers of green hydrogen, offering an electrolyser system that is efficient, durable, scalable, and has class-leading cost-effectiveness. Polymer Electrolyte Membrane (PEM) electrolysis is the lowest cost, most efficient technology on the market for the 1-10MW range, which is their initial target market. www.oortenergy.com 

15 June 2023:
Wood and Transitus Energy to develop decarbonisation models for UK industry

Wood has signed a Memorandum of Understanding (MoU) with Transitus Energy, to explore opportunities for onshore and offshore decarbonisation projects across the UK energy industry.

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 Energy aim to be an agent of change, assisting and enabling oil and gas operators and the wider industry seeking to transition their operations to low-carbon energy. They intend to enable industrial fuel switching and transition natural gas production to low-carbon hydrogen.

Wood will leverage its extensive energy and infrastructure asset management knowledge and experience to support Transitus Energy and its decarbonisation strategy, by collaborating on operating models, capability and solutions that are ready for responsible, efficient and safe production, whilst supporting the development of the energy transition and hydrogen production market.

Stuart Smith, Senior Vice President, Operated Assets at Wood added:

“Wood is committed to accelerating the energy transition in the UK, enabling a low carbon energy future by supporting the decarbonisation of existing assets and leveraging our decades of experience in the North Sea. Our team will work with Transitus to bring their decarbonisation strategy to life, utilising our through-lifecycle expertise.”

Jack Peck, Chief Executive Officer of Transitus Energy, confirmed:

“Transitus is excited to collaborate with Wood to decarbonise the UK’s energy and industrial sectors. We believe that our model offers a way to do the energy transition rapidly and affordably, repurposing existing expertise and resources to pragmatically accelerate the UK’s decarbonisation plans. Wood will be an essential part of our project strategy, bringing decades of experience to bare for the benefit of this developing sector.”

For questions, contact:

Alex Williams, Executive Director Strategy & Communication, Transitus Energy Limited. alex@transitus.energy / +44 7875 357 208.

19 December 2022:
Transitus Energy and Proteum Energy to collaborate on producing hydrogen

Proteum Energy® and Transitus Energy have entered into a Letter of Intent to explore joint development opportunities in the UK, Netherlands, Republic of Ireland and Norway to produce low-carbon hydrogen.  The collaboration brings together Transitus’ vision to decarbonize energy production in the North Sea region and Proteum’s proprietary steam non-methane reforming technology (SnMR™) coupled with CCS to provide low-cost low-carbon clean hydrogen to the UK and European markets.

Laurence B. Tree II, president and CEO of Proteum, commented:

“Proteum Energy is excited to join with Transitus to accelerate the UK and Europe’s transition to a clean energy economy by reforming natural gas resources from North Sea production into reliable, economical, clean hydrogen. Both companies share a common vision of decarbonizing energy markets with practical, economic and reliable low carbon intensity hydrogen solutions.”

Proteum has developed and operates proprietary modular technology that reforms non-methane hydrocarbons and oxygenated hydrocarbons into low cost, low carbon intensity hydrogen with CCS. Combining its novel SnMR™ technology with conventional process modules enables Proteum to scale up hydrogen production from 15 metric tonnes per day to 150 tonnes or more, depending upon site requirements.  

Utilizing existing gas reserves and infrastructure, the UK and Europe have every opportunity to build a low-carbon energy supply and be on the forefront of decarbonization.

Mr Tree added:

“We see the UK as a leading market for the implementation of hydrogen transition technologies and infrastructure.  Our partnership with Transitus enables us to support that effort by producing low carbon blue hydrogen from the UK’s available gas reserves and infrastructure utilizing our proprietary SnMR technology.”

Bjørn Inge Tønnessen, Executive Chair of Transitus, commented:

“Blue hydrogen will accelerate the transition towards decarbonization of the energy sector. It enables utilization of natural gas as a clean fuel. It is a “fast-track” to decarbonizing while ensuring reliable and affordable access to energy during these demanding times.”

Jack Peck, CEO of Transitus, remarked that:

“Working with Proteum Energy and their cutting edge SnMR hydrogen technology will enable Transitus to convert wet natural gas into clean, robust, and affordable hydrogen. Blue hydrogen is a first step, a quick step on the pathway to the decarbonization of industrial and domestic heating, industrial processes, and transportation- especially for heavy and long-distance transport. It is a step that can be taken today. Blue hydrogen protects North Sea jobs and helps assure the UK’s and Europe’s “clean, affordable energy security”

For questions, contact:

Alex Williams, Executive Director Strategy & Communication, Transitus Energy Limited. alex@transitus.energy / +44 7875 357 208.

John Rosenfeld, VP Commercial and Strategic, Proteum Energy, LLC. John.rosenfeld@proteumenergy.com / +1 (602) 457-8471.

About Transitus Energy

Transitus is a UK company that is designed to enable rapid, affordable, pragmatic energy transition, through the repurposing of existing gas infrastructure, conversion of the infrastructure and feedstock towards the production and supply of blue hydrogen, and ultimately the establishment of totally green hydrogen supply. Transitus is co-invested by Bangchak Corporation Public Company Limited (BCP), a diversified energy conglomerate based in Thailand, acting through its clean energy subsidiary BCP Innovation PTE LTD, (BCPI). www.transitusenergy.com

About Proteum

About Proteum Energy® – Headquartered in Phoenix Arizona, Proteum is a producer of low-cost clean hydrogen from residue, flare and underutilized natural gas resources and green renewable ethanol.  With its patented and proven reformation SnMR™ technology, Proteum can provide fuel cell grade clean hydrogen for heavy-duty transportation, low carbon hydrogen-rich designer fuels for power plants, and hydrogen pipeline production for direct injection at natural gas processing plants. 

23 August 2022:
Transitus Energy explores cutting edge hydrogen technologies with ZEG Power

ZEG Power (ZEG) and Transitus Energy (Transitus) are entering into a collaboration, having signed a Letter of Intent (LoI) with the purpose of exploring joint opportunities related to the production of clean hydrogen and power in the UK, Netherlands, Republic of Ireland and Norway.

Arild Selvig, CEO of ZEG, commented:

“We are excited to collaborate with Transitus, working together in empowering the  production of clean, reliable energy. Current energy markets highlight the importance of reliable access to energy, while the climate crisis simultaneously requires this to originate from low carbon solutions. A partnership between ZEG and Transitus would seek to deliver on both these important market drivers in the UK and beyond.”

Bjørn Inge Tønnessen, Executive Chair of Transitus, noted:

“Blue hydrogen will accelerate the transition towards decarbonization of the energy sector. It enables clean utilization of natural gas resources and therefore it is a fast-track to decarbonization while ensuring reliable and affordable access to energy during these demanding times.”

The ZEG ICC Technology, which enables the production and use of clean hydrogen from natural gas, is ready for the global market following the delivery of the first commercial ZEG production plant at CCB Energy Park on the west-coast of Norway in 2022.

The UK and Europe have every opportunity to build a low-carbon energy supply and be on the forefront of decarbonisation. By decarbonising now, using blue hydrogen at a 20% blend in the natural gas network, it has been estimated that in the UK alone 30 million tonnes per year of carbon dioxide emissions can be averted, equivalent to 1.25 million cars worth of emissions being eliminated.

Kathrine K Ryengen, CCO of ZEG, remarked:

“The UK is an emerging and highly interesting market for us, and this collaboration is a step in the right direction. We strongly believe in the impact of our technology for producing clean hydrogen from gas with integrated carbon capture (ZEG ICC Technology), and we hope we can significantly contribute along with Transitus to bring forward the UK hydrogen economy.”

Jack Peck, CEO of Transitus, observed:

“Blue hydrogen is a rapid pathway to decarbonisation of heating, transportation, and industry, which can be done today while green hydrogen, solar, wind and nuclear ramp-up. The UK is ideally positioned to lead the clean energy industrial revolution fuelled by blue hydrogen with access to abundant natural gas and carbon storage assets. Working with ZEG Power and their cutting edge blue hydrogen technology will enable Transitus to supply clean, robust, and affordable hydrogen into the market.”

For questions, contact:
Alex Williams, EVP Strategy & Communication, Transitus Energy. alex@transitus.energy

Kathrine Ryengen, CCO ZEG Power.
kathrine.ryengen@zegpower.com /
+47 99418696.

You can read the full press release here.

About Transitus Energy:
Transitus is a UK company that is designed to enable rapid, affordable, pragmatic energy transition, through the repurposing of existing gas infrastructure, conversion of the infrastructure and feedstock towards the production and supply of blue hydrogen, and ultimately the establishment of totally green hydrogen supply. Transitus is co-invested by Bangchak Corporation Public Company Limited (BCP), a diversified energy conglomerate based in Thailand, acting through its clean energy subsidiary BCP Innovation PTE LTD, (BCPI).

About ZEG Power:
ZEG Power (ZEG) is a Norwegian company that aims to offer the world a cost efficient, clean alternative for energy production. ZEG delivers technology and solutions for efficient production of clean hydrogen from hydrocarbon gases, with integrated carbon capture (ZEG ICC Technology). Examples of hydrocarbon gases are natural gas and biogas. Natural gas is currently the largest source of hydrogen. Hydrogen from biogas combined with carbon capture can achieve a negative carbon footprint. ZEG’s technology is based on research and development originated from the Institute for Energy Technology (IFE).

https://zegpower.com/

14 February 2022:
Bangchak Corporation invests in UK-based hydrogen focused company, Transitus Energy

Transitus Energy Limited (“Transitus” or the “Company”), is pleased to announce that Bangchak Corporation Public Company Limited (BCP) a diversified energy conglomerate based in Thailand, acting through its clean energy subsidiary BCP Innovation PTE LTD, (BCPI), have agreed terms to make an initial financial commitment in Transitus, alongside its founders and leadership team.

BCPI will be the Company’s cornerstone investor investing with a 40% capital stake in the company.

Transitus is looking to be an agent of change, assisting and enabling oil and gas operators seeking to transition their upstream operations to cleaner energy. The Company intends to repurpose mid-to-late-life natural gas fields in the North Sea, operate carbon dioxide storage assets developed from depleted gas fields and aquifers, and transition natural gas production to blue hydrogen.

The Transitus team is experienced in developing industrial companies and has a complementary skillset within all aspects of oil & gas operations, refining and hydrogen operations, as well as business development, finance and society issues. The team consists of Jack Peck, CEO; Bjørn Inge Tønnessen, Executive Chair; Neil Morris, Advisor to the Board Hydrogen; Mike Sparkes, Advisor to the Board Upstream; Brita Holstad, COO; Alex Williams, EVP Strategy & Communication; Mark Bracewell, EVP Facilities Engineering and Manuel Santiago, EVP Corporate Finance.

Jack Peck, CEO of Transitus Energy commented:

“Hydrogen will be our best chance of reaching Net Zero carbon targets, because hydrogen decarbonises those parts of the economy that electrification cannot meet. Hydrogen is especially suitable for domestic and industrial heating, long distance transportation, industrial manufacturing, shipping, air travel, and power balancing. The objective of Transitus Energy is to repurpose the enormous expertise from the North Sea energy sector towards rapid and immediate decarbonisation in order to accelerate the energy transition.  

Today’s investment from Bangchak, a large energy industrial company with an energy transition focus, demonstrates the timeliness of our business strategy – hydrogen is the future and that future is arriving fast. We are delighted that BCPI are joining us as our cornerstone investor, and are pleased to be working with a company with such a robust commitment to energy transition.”

Mr. Chaiwat Kovavisarach, President and Group Chief Executive Officer, Bangchak Group commented:

“Bangchak is accelerating our policy of investing in world-changing business, such as hydrogen and carbon capture, utilization and storage (CCUS), which are critical technologies that will help the world transition to zero greenhouse gases emissions in the coming decades.

 Hydrogen will be a major enabler of pollution-free energy in the future, with natural gas as a transitional energy source from which hydrogen can be refined (natural gas is a hydrocarbon mixture having both hydrogen and carbon). Blue Hydrogen is when natural gas is split into hydrogen and CO2, and the separated CO2 is stored in depleted natural gas fields or aquifers. Bangchak is proud to take part in this world-changing technology and business model with Transitus. Once proven, we may look into opportunities to use this technology in Thailand.”

For more information about Transitus Energy: https://www.transitusenergy.com/

For more information about Bangchak Corporation PCL: www.bangchak.co.th

You can read the press release from Bangchak here.

About Bangchak

Bangchak Corporation Public Company Limited, the Energy Transition Leader, operates 5 main businesses, namely
1) Refinery Business Group is a modern Complex Refinery and is a Niche Product Refinery to produce low emission products 2) Marketing Business Group has a network of over 1,200 service stations, completed by various non-oil business such as Inthanin Coffee, Furio lubricants, and EV Chargers 3) Green Power Business from the renewable energy businesses operated by BCPG, and entering the battery business for large energy storage 4) Bio-Based Product Business, operated by BBGI, the largest producer and retailer of biofuels in Thailand and expanding bio-based High Value Products (HVP) 5) Natural Resources and New Business, investing in petroleum exploration and production through investments in OKEA ASA, Norway which is renowned for its environmental policies and Bangchak Initiative and Innovation Center (BiiC) a Corporate Venture Capital investor focused on new businesses domestically and internationally, as well as building green innovation ecosystem promoting green energy and bio-based innovation. Additionally, it has established the Carbon Markets Club to promote carbon credit trading supporting the Energy Transition and setting a network for future bio-based technology, the Syn Bio Consortium. Bangchak was assessed by S&P Global, the assessor of the Dow Jones Sustainability Indices (DJSI) and awarded the S&P Global Sustainability Award 2022 – Silver Class, Global Top 3, and received the MSCI ESG Rating of AA, which is the highest for the Energy Sector in Thailand, and has consecutively received the recognition since 2018. It targets Carbon Neutrality by 2030, and Net Zero GHG Emission by 2050.

12 October 2021:
Transitus announced as a participant
in Bacton Special Interest Groups

Transitus Energy is delighted to announce it has been selected by the OGA to participate in the Bacton Energy Hub special interest groups (“SIG”s) on hydrogen and infrastructure. We are pleased to be working with the SIG leads Xodus in respect of the Infrastructure SIG and with Summit in respect of the Hydrogen SIG.

This work will help develop research and strategy on key issues for the hydrogen economy, such as the relative roles for blue and green hydrogen, CCS storage opportunities, onshore and offshore requirements, repurposing of infrastructure assets, and blending hydrogen into the natural gas grid.

Working with the OGA, the leads, and other members of the SIGs will position Transitus well to build the business case for hydrogen in the East England area, and establish the best conditions for an accelerated decarbonisation of our energy sector.