Offshore staff
LONDON – Eni and Progressive Energy have signed a framework agreement to support carbon capture and storage (CCS) in the HyNet North West low carbon cluster project.
Eni will develop and operate offshore and onshore transportation and storage of CO2 captured from industrial sites in northwest England at the Liverpool Bay offshore oil and gas facilities.
Progressive Energy will coordinate the project’s capture and hydrogen aspects on behalf of HyNet North West.
Eni has also signed memoranda of understanding concerning capture and storage of future CO2Â emissions across the region with various industrial companies interested in participating.
Last October, Britain’s Oil and Gas Authority awarded Eni a CO2 storage appraisal license concerning re-use of the offshore fields in Liverpool Bay as a permanent store for CO2.
Earlier this year, the company created a wholly-owned affiliate, Liverpool Bay CCS Ltd., to act as the responsible entity for future licensed operations under the UK government’s proposed regulated regime for CO2 transport and storage.
In March, the project secured a funding commitment of £72 million ($102 million), supplied by UK Research and Innovation through the Industrial Decarbonisation Challenge fund, and the HyNet consortium.
Other members of HyNet are Cadent, CF Fertilisers, Essar, Hanson, INOVYN (part of the INEOS Group), and the University of Chester.
05/28/2021
