United Kingdom – Wood has signed a Memorandum of Understanding (MoU) with Transitus Energy to explore potential for onshore and offshore decarbonization projects in the UK energy market.
Through this relationship, Wood will be positioned as a key partner, delivering asset management engineering and operational solutions for onshore and offshore lifecycle projects and supporting infrastructure investments.
Low-carbon energy future
Transitus Energy aims to develop operating models, capabilities, and solutions that enable responsible, efficient, and safe production while supporting the expansion of the energy transition and hydrogen production market by utilizing Wood’s extensive knowledge and experience in energy and infrastructure asset management.
Wood is dedicated to quickening the UK’s energy transition and aiding in the decarbonization of current assets. Wood is well-positioned to contribute to Transitus Energy’s decarbonization strategy because to their extensive expertise in the North Sea. Wood wants to make Transitus Energy’s decarbonization plans a reality and enable a low-carbon energy future by employing their experience throughout the project lifespan.
UK decarbonization
The decarbonization efforts in the UK energy sector could advance thanks to this agreement between Wood and Transitus Energy. The two businesses hope to accelerate the switch to low-carbon energy sources, encourage responsible and efficient production, and advance the UK’s decarbonization objectives by pooling their resources and knowledge.
