A new case-study video from Progressive TSL highlights how the Company successfully delivered a finance and procurement solution to the low-carbon and hydrogen company, Storegga.

With a portfolio of CCS and hydrogen projects in the United Kingdom, the United States and Norway, Storegga is advancing industrial decarbonisation in sectors such as manufacturing, power generation, distilling, chemicals and others. Storegga is developing the Acorn CCS and Cromarty Hydrogen projects in the UK, Trudvang CCS in Norway and Harvest Bend CCS in Louisiana.

Procurement and finance solutions for Storegga’s net-zero initiatives

Storegga is advancing a collection of net-zero infrastructure initiatives involving multiple partners. Among these initiatives is its role as the lead developer of the Acorn Carbon Capture and Storage (CCS) and Hydrogen Project located in northeast Scotland.

As its portfolio expands at a rapid pace, Storegga acknowledged the need for a robust solution to support its accounting, financial reporting, and procurement processes. This solution must also ensure the delivery of accurate and timely financial statements to its joint venture and investment partners.

To address these challenges, Storegga selected Progressive to implement Infor SunSystems, alongside HxGN EAM and Infor OS, as the foundation for its groundbreaking CO2 reduction and removal infrastructure.

Progressive can also configure HxGN EAM to include other features, such as Asset Maintenance, as Storegga’s operations develop.

Watch the video   l   KeyFacts Energy Industry Directory: Progressive TSL  l   Storegga