In order to sustain economic growth, reduce poverty and avoid catastrophic environmental damage, we need to transition to cleaner and accessible energy systems. Change is on its way: more efficient energy solutions are being deployed, renewable resources are being harnessed and the role of natural gas, a cleaner fuel, is increasing. Meanwhile, $ 30 billion worth of gas continues to be wasted annually in 16 000 flares around the World, causing waste, environmental damage and contributing to climate change. Over 70 countries, companies and finance institutions have joined the World Bank “Zero Routine Flaring by 2030” initiative and committed to eliminate flaring. Thousands of projects will need to be developed and hundreds of billions invested to achieve this goal over the next 10 years. This is a formidable challenge that requires innovation and that is what F2V delivers.
Our mission is to keep our planet beautiful and our societies prosperous by delivering clean, efficient and affordable energy solutions. Our objective is to deliver material reduction in burning of waste gases in the oil and gas industry globally.