Britain’s government has pledged more than £30 million ($41.7 million) of funding for initiatives linked to the Acorn carbon capture and storage project in eastern Scotland.
Offshore staff
ABERDEEN, UK – Britain’s government has pledged more than £30 million ($41.7 million) of funding for initiatives linked to the Acorn carbon capture and storage (CCS) project in eastern Scotland.
Since last June, Petrofac has provided engineering and project management office support for the development. Under Scotland’s Net Zero Infrastructure program, the company will lead offshore pipeline and subsea activities.
Acorn’s goals include transport of CO2 through subsea pipelines to depleted reservoirs in the UK central North Sea for storage.
Current priorities, according to Petrofac, are:
Detailed engineering required to move the Acorn CCS and Hydrogen projects to a final investment decision
Developing a new CCS-equipped power station at Peterhead that could make use of the Acorn infrastructure
Assessing the potential to re-use onshore pipelines to transport CO2 from central belt of Scotland to the Acorn facilities
An engineering design program for a carbon capture system on a gas-fired power station in Grangemouth
Development of a ‘fabrication yard ready’ design of a ship that could service the needs of coastal CO2 emitters around the UK for delivery at Peterhead port.
The associated onshore and offshore developments, Petrofac added, could cost more than £3 billion ($4 billion).