Offshore staff
THE HAGUE, the Netherlands — Petrofac has started work on the FEED for the Neptune Energy-operated L10CCS project in the Dutch North Sea.
Neptune and partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, which previously completed the concept select studies, aim to store 5 MMt/year of CO₂ for connection to the Aramis CO₂ transport and storage initiative.
This spring they submitted a storage license application and are awaiting award of the license from the Dutch Ministry of Economic Affairs & Climate Policy.
Discussions continue with industrial emitters seeking to store their generated carbon in depleted North Sea gas fields, and contractual arrangements should progress during the current project phase.
Neptune anticipates completion of the technical FEED scopes during the second half of 2024, with FID targeted shortly afterward. The proposed timeline for L10CCS is aligned with the Aramis project schedule, and the facilities should be connected and operational when the new CO2 transport system opens, expected in 2028.
Lex de Groot, managing director of Neptune Energy in the Netherlands, said the region around the offshore L10 complex has a potential storage capacity of up to 120 MMt to 150 MMt.
12.13.2023
