REINERTSEN New Energy AS (RENE) and its subsidiary HYDROGEN Mem-Tech AS (HMT) were established by Torkild R. Reinertsen, former owner and CEO of REINERTSEN AS.
The new company is based on Reinertsen's proud history of oil and gas, where we for over 35 years carried out large complex projects for the oil and gas companies. This covered engineering, design, planning, construction and installation of oil and gas facilities on both subsea and topside.
In 2011, Reinertsen acquired the rights to Sintef's Palladium membrane technology and started a comprehensive program to further develop and commercialize the technology.
The goal was to participate in Prime Minister Jens Stoltenberg's "moon landing project" at Mongstad where pioneering CO₂ capture technology was to be developed and tested.
Our technology splits natural gas into two parts, namely CO₂ and hydrogen. We eventually became very interested in the "by-product" hydrogen. We had already captured the CO₂!