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Ørsted A/S is a Danish multinational energy company primarily involved in the development, construction, and operation of offshore wind farms, onshore wind farms, bioenergy plants, and renewable hydrogen solutions. Headquartered in Fredericia, Denmark, Ørsted has played a significant role in the transition from fossil fuels to renewable energy. The company has a strong geographic presence in Europe, North America, and Asia-Pacific, focusing on sustainable energy solutions. Ørsted’s competitive strengths include its extensive expertise in offshore wind and its commitment to sustainability and innovation in energy transformation. Historically, the company was known as DONG Energy until it rebranded to Ørsted in 2017 to reflect its shift away from fossil fuels.

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2025, reserves stood at 8.1 billion barrels of oil equivalent, 44% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with a capacity of 1.4 mmb/d located in the Americas, Asia, and Europe, and sells about 9 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in NorthWestern Europe, China, and North America.