Penspen Expands Energy Transition in Africa

February 02, 2025 • Estimated Reading Time: 2 minutes

Key Figures & Findings: Penspen, a UK-based global energy consultancy, has secured $120 million in new contracts to expand its footprint in the Middle East and Africa. With rising demand for energy transition solutions, the firm is ramping up its expertise in hydrogen feasibility studies, carbon capture integration, and modernizing oil and gas infrastructure. CEO Peter O’Sullivan highlighted the contracts as a testament to Penspen’s growing role in shaping Africa’s sustainable energy future.

Statistics & Insights: Penspen has seen a 30% increase in demand for energy transition services. A major portion of the contracts will focus on Africa’s evolving energy landscape, including pipeline integrity projects and decarbonization efforts.

Future Implications: By 2026, Penspen’s investments could significantly help in enhancing  Africa’s energy transition, supporting countries aiming for cleaner, more efficient energy systems.