Oil firms name wind power exec as CEO of OGCI Climate Investments

The Oil and Gas Climate Initiative (OGCI), the ten-company oil and gas industry initiative whose members represent more than 20% of the world’s oil and gas production, has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments.

Jointly funded by OGCI member companies, OGCI Climate Investments intends to invest $1 billion over the next ten years to develop and demonstrate innovative technologies that have the potential to significantly reduce greenhouse gas emissions. The member companies have said they also plan to enhance the impact of the investments via strategic partnerships with others working to limit climate change by the development and deployment of low emissions technologies.

Before joining OGCI Climate Investments, Dr. Rangarajan was the General Manager for GE’s Onshore Wind Product Line and the General Manager for GE’s Energy Storage startup. She had previously held the role of Deputy Chief Technology Officer and Senior Vice President, Emerging Technology and Research at Vestas Wind Systems. Pratima’s early career included technology and research development roles in both GE and ExxonMobil.

Pratima has a PhD in chemical engineering from Princeton University and a BS in chemical engineering from MIT. She will be based in London.

Bob Dudley, chair of the OGCI’s CEO Steering Committee and group chief executive of BP said: “Pratima has a proven track record in developing and growing innovative energy technologies and businesses and we look forward to working with her as we move this important initiative forward. Through carefully focused joint investment and multiplying its impact by working with others, we expect OGCI Climate Investments will accelerate development and deployment of technologies that have the potential to reduce carbon emissions on a significant scale.”

OGCI Climate Investments has identified four areas of initial focus: carbon capture, use and storage; methane detection and management; improving industrial energy efficiency and improving transport efficiency.

OGCI Climate Investments is based in London at Imperial College’s White City campus.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply