Chrysaor to offer North Sea reservoir for Humberside CO2 storage

Offshore staff

LONDON – Chrysaor has submitted an application for a CO₂ storage license in a depleted gas reservoir in the UK southern North Sea.

In parallel, the company will seek agreement for a Storage Lease with the UK’s Crown Estate.

Both applications are in support of the V Net Zero Project, the aim of which is to store and transport CO₂ from the Immingham cluster on Humberside on the English east coast.

The Humber Zero project, a coalition of companies including Vitol and Phillips 66, will capture, compress, and condition the CO₂.

Chrysaor described the project as ‘critical to delivering low carbon infrastructure on Humberside, the UK’s most carbon-intensive industrial region.’

11/19/2020