LONDON — The North Sea Transition Authority has awarded Perenco UK and Carbon Catalyst Ltd. a license to progress their Poseidon carbon capture and storage (CCS) project at the Leman gas fields in the UK southern North Sea.
Leman provides a combination of depleted gas reservoirs and saline aquifers for permanent storage of recovered CO2.
The production complex is linked via pipeline to the PUK Bacton Terminal on the Norfolk coast, which will receive and process CO2 from various onshore sources before directing these offshore for injection into reservoir rocks for permanent subsurface storage.
Perenco expects to bring the development online by 2029, with initial CO2 injection rates of about 1.5 MM metric tons/year, rising to ~10MMt/year by 2030 and peaking at ~40MMt/year by 2040.
Work will now progress to further detailed appraisal of the storage sites and commence work.
The company’s new CCS Department in London is building a team of diverse competencies to assess and deliver this program and other potential carbon storage projects in the UK and elsewhere.
