Transitus eyes North Sea assets for hydrogen play

Startup aims to invest in natural gas infrastructure to create a vertically integrated hydrogen company, CEO Jack Peck tells Hydrogen Economist

UK-based Transitus Energy recently secured backing from Thai energy conglomerate Bangchak and expects to make its first investments in offshore natural gas assets within the next year. Hydrogen Economist spoke to Transitus CEO Jack Peck about the company’s strategy and the development of a market for low-carbon hydrogen. Talk us through your business model Peck: We are building a vertically integrated hydrogen company. From this perspective, we view natural gas as a feedstock, we do not view it as the endgame. We are not an oil and gas company, so we will not make a return for shareholders from exploring for natural gas or greenfield development of oil and gas properties. We would want to ma