HydrogenOne Capital Growth plc, a London-listed fund focusing on clean hydrogen investments, celebrates a significant achievement through its portfolio holding, Strohm BV. Strohm, a leading thermoplastic composite pipeline technology company based in the Netherlands, secures a major contract from TotalEnergies, marking a historic milestone in its 16-year history. The contract involves supplying pipelines with a 50% lower CO2 footprint than traditional options, addressing the oil & gas sector's environmental goals. Strohm's innovative pipelines not only reduce CO2 emissions but also offer corrosion-resistant solutions for CO2 transportation, establishing the company as a market leader in low-carbon footprint solutions. The upcoming installation of these pipelines in the Santos Basin, Brazil, at a water depth of 2,200 meters, highlights the technology's applicability in challenging offshore environments. TotalEnergies, the recipient of the contract, emphasizes the significance of Strohm's technology in improving design life, performance, and reducing carbon footprint. The partnership signifies a step towards sustainable operations in the energy industry, with a focus on addressing corrosion issues while maintaining cost competitiveness in ultra-deepwater projects. The announcement showcases the positive impact of innovative clean energy solutions like Strohm's TCP technology and signifies a shift towards environmentally conscious practices in the oil & gas industry. With HydrogenOne's substantial investment in Strohm and the company's commitment to sustainability and market leadership, the contract award underscores the growing importance of low-carbon technologies in shaping the future of offshore operations.