Greensand Future partners commit to full-scale North Sea CCS development

Dec. 10, 2024
INEOS and its partners have taken FID on their carbon capture and storage project.

INEOS and partners Harbour Energy, and Nordsøfonden have taken FID on proceeding with their Greensand Future carbon capture and storage project.

This will be designed to safely capture and store carbon dioxide collected from various emitters in Denmark in the depleted Nini oil field in the Danish North Sea. 

They aim to start storage operations at the field around the end of 2025 or early 2026, and expect the decision to lead to investments of more than $150 million.

Greensand Future, according to INEOS, is “a full industrial CCS value chain built on a scalable platform,” which will enable gradual expansion of storage capacity as CO2 volumes increase. It can also be applied directly to other offshore and onshore storage projects.

For the development, the partners will seek to capture and permanently store in the subsurface 400,000 metric tons/yr of CO2 initially. Gradual expansion of the storage capacity towards 2030 should eventually allow stored volumes to rise to 8 MMmt/yr.

CCS is also a key technology for Denmark to achieve its 2045 net-zero targets, INEOS added. 

The CO2 for the first phase of Greensand Future will be captured and liquefied at Danish biomethane production plants, then transported to the port of Esbjerg on the west coast of Jutland. From there Royal Wagenborg will ship the liquefied CO2 to the Nini field for permanent storage. 

In March 2023, the INEOS-led pilot Project Greensand performed the first injection of CO2 volumes into the Nini field.

Mads Gade, head of Denmark, INEOS Energy, said: “Last year we were the first in the world to succeed in developing a value chain for safe and efficient capture, transport and storage of CO2 across national borders. Now we are proud to take the next step, building on the learnings from the pilot.”

The results of Project Greensand have been verified by DNV, confirming that the stored CO2 remains safely and permanently in the closed Nini West reservoir 1,800 m subsurface, as expected.