MAN and Shell partner to develop low-carbon energy solutions
MAN Energy Solutions and Shell have agreed on a memorandum of understanding (MoU) to explore the potential of combining their individual competencies and technologies to achieve their climate goals and support their customers in their decarbonisation efforts.
The MoU was signed by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Allen Pertuit, vice president, Downstream Projects at Shell, in Houston, Texas, U.S.A., on June 27, 2023.
“As we navigate the transition to a net-zero future, strong partnerships become crucial in driving meaningful change,” said Lauber. “We are very excited to embark on this partnership with Shell. Together, we will leverage our collective strengths and expertise to accelerate the development and deployment of sustainable energy solutions. Catering to sectors that are essential to the world economy, we aim to provide future-ready technologies to bring down emissions that are considered hard to abate.”
“As we further operationalise our strategy, we see additional opportunities to decarbonise our assets and help our customers to lower their emissions, such as those in industry and transport. With hydrogen, biofuels and CCUS [carbon capture usage and storage] we are seeding growth for the energy businesses of the future. Collaboration with partners, like MAN Energy Solutions, is important in the design and delivery of new business models that should address the needs of complex, energy-intensive and hard-to abate sectors,” says Pertuit.
Together, the companies will work on optimising CCUS plants with the aim of reducing CO2 capturing costs. This will be achieved through the modularisation and standardisation of CCUS compressor solutions, which in turn will significantly decrease costs and speed up project implementation timelines.
Another area of focus is the marine industry, where the companies aim to promote the development of sustainable fuel options and integrated digital services for marine applications, and assess collaboration in the area of methane slip reduction, a crucial topic for environmental impact mitigation in the marine sector. Additionally, the companies are committed to developing and providing integrated decarbonisation solutions that help minimize CO2 emissions from their production plants and supply chains, as well as assisting their customers in reducing emissions from their operations.