Hunting Launches Energy Transition Month

Focusing on Geothermal and Carbon Capture and Storage

We are pleased to announce the launch of its Energy Transition (ET) campaign- this month. The ET campaign aims to showcase the company's commitment to sustainable energy solutions, with a particular emphasis on Geothermal energy and Carbon Capture, Utilization and Storage (CCUS).

The global economy is witnessing an unprecedented shift towards sustainable energy. Energy Transition markets indicate robust growth to 2050 for geothermal and carbon capture. Numerous projects across North America, Europe, and Asia Pacific support factors such as growing industry investments and the immense transformational potential of Geothermal and CCUS on energy and environmental sustainability.

Outlined during the previous year's Capital Markets Day, Hunting 2030 presents a robust growth strategy designed for long-term resilience. This strategy aligns Hunting's technology portfolio and supply chain with high-growth, accessible markets. Hunting's diversified product portfolio, which includes robust proprietary OCTG Connection Technology solutions customized for these niche well construction and casing design challenges, Subsea Technology, Advanced Manufacturing, and well completion Perforating Systems, is set to expand into energy sectors beyond oil and gas as part of the Hunting 2030 Strategy. This strategic move promises sustainable growth over the next decade, leveraging the company's core competencies to meet the evolving demands of the energy market.

Hunting PLC is proactively participating in these markets, leveraging its comprehensive technology base and critical supply chain channels and capitalizing on growth opportunities. The company has actively engaged in several projects, demonstrating its technological prowess and commitment to unlocking the full potential of Geothermal and CCUS.

During January, Hunting will launch diverse marketing initiatives dedicated to showcasing its presence in the Geothermal and CCUS (Carbon Capture, Utilization, and Storage) markets. Follow us on LinkedIn to delve deeper into our strategic marketing initiatives aimed at raising awareness about our contributions in this space.

Sean O'Shea, Hunting's Director of Energy Transition, shares: "We are proud to be at the forefront of the energy transition. At Hunting, we are committed to providing unique technology offerings that align with the Energy Transition objectives of our partners. Our precision engineering prowess and industry expertise make us an ideal partner in this transition. “