Hunting PLC has entered into a collaboration agreement with CRA-Tubulars BV (CRA) to develop mutual energy transition market opportunities in North America. The agreement provides Hunting with access to CRA’s novel Titanium Composite Tubing (TCT) technology and will utilise the Group’s Oil Country Tubular Goods (OCTG) connection technology to target Carbon Capture, Utilisation and Storage (CCUS) and traditional corrosion-resistant OCTG applications.
CRA’s highly experienced team have developed a novel tubular technology for the upstream oil and gas industry and is believed to be an enabling technology to accelerate carbon dioxide (CO2) sequestration projects around the globe.
With its lightweight and superior anti-corrosion performance, TCT is a game-changer technology for production and injection wells in highly corrosive environments. Customers can anticipate a host of benefits from this collaboration, specifically in the North American CCUS industry.