Italy's Eni Wins Second UK Offshore Carbon Storage Licence

Published

Credit: BGStock72/AdobeStock
Credit: BGStock72/AdobeStock

Italian energy group Eni has won a second carbon dioxide storage licence in Britain, the company said on Friday. The new licence is for the depleted Hewett gas field located 20 kilometers (12.4 miles) offshore Bacton, in the southern North Sea sector of Britain. 

It follows the one obtained by the Italian group in the Liverpool Bay Area in 2020, where Eni is the carbon dioxide transport and storage operator for the so-called HyNet North West project. 

The CCS technology removes from the atmosphere carbon dioxide (CO2) produced by industrial processes or captures it at the point of emission and stores it underground. 

Talking about the new licence, Eni said that the initial CO2 storage capacity is estimated at around 6 million tonnes per year starting at the end of the current decade and will be progressively increased to over 10 million tons after 2030. 

Britain aims to reach a target of 20-30 million tonnes per year of carbon dioxide stored by 2030 as part of its decarbonization plan.


 (Reuters - Reporting by Francesca Landini, editing by Kim Coghill)


Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine