Welcome
Our Service
We deliver a fast-track flare gas recovery service that requires zero capital investment from our customers. We receive waste gas, that otherwise would be burned in flares, and return useful products or energy. In order to provide this service, we develop, finance, build, own, and operate our flare gas capture and conversion facilities.
Frigyes Lestak , CEO and founding partner of F2V
What Problems Do We Solve
The oil and gas industry burns 140 billion cubic meters of gas year after year from 16,000 flares around the world. To put it into perspective, this amount of gas burned would be enough to heat 45 million homes. Flaring gas is not only a waste of resources it is polluting. These flares emit CO2 and Methane and hence contribute to climate change. Not only is this having a substantial impact on our environment, it is an avoidable waste of valuable energy resources.
What Problems Do We Solve
In 2015, governments and oil companies around the world committed to eliminate routine flaring by 2030. To achieve this, the flat trend needs to change radically, thousands of projects will need to be developed and hundreds of billions of dollars invested by the end of the decade; a formidable challenge that requires truly innovative solutions. F2V is one of them.
Global Flaring Trend
The Benefits We Bring
Goal Zero with Zero Capital Investment
Economic Value and Energy Security
Goal Zero with Zero Investment
Experts
Local Partnerships and Global Networks
Speed to Delivery
Our Story
- Investments from Climate Investments (CI) at a project and enterprise level
- EPC of CPF starts
- Tolling contract for first project (CPF) signed
- 7 projects identified
- 3 FEEDs completed
- CPF Tolling Contract
Funding from RMI/Virgin Unite
Oman Roadmap
Fast-Track solutions that enable operators to reduce emissions and achieve Net Zero
Delivery Focused Culture
Global capability, local execution
Fast Track Solutions
Develop Local Talent
