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There are deals to be done in CCUS sector
Carbon capture
Stuart Penson
9 January 2023
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CCUS sector set for flurry of M&A

More deals expected this year as developers seek capital and large firms look to build up portfolios, says Wood Mackenzie

M&A activity in CCUS will accelerate this year as the sector makes the transition from niche concept to mainstream investment theme. Developers with large shareholdings in projects will increasingly look to sell stakes to raise capital at they move to FID. At the same time, companies that have put CCUS at the heart of their strategies but have yet to build significant development portfolios will be potential buyers of stakes. "The scene is set for more deals with CCUS positions at their centre," says Scott Norlin, Canada upstream analyst at consultancy Wood Mackenzie. “Given the multitude of projects with 100pc equity, there is significant opportunity for farm-in partners or sales.” Norw

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Letter on carbon: Direct action
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
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21 September 2023
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Carbon markets primed for key role in net-zero push
20 September 2023
Curbing emissions globally by using international carbon market mechanisms reduces the cost of mitigation, Andrea Bonzanni, international policy director at the IETA, tells Carbon Economist
UAE energy sector decarbonisation drive intensifies
19 September 2023
Mideast Gulf state keen to highlight progress made on expanding carbon sequestration capacity and diversifying e-fuels production ahead of COP28

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