UK North Sea can be a storage hub
UK licence awards set stage for CO₂ storage push
Shell, Eni and independent operator Enquest dominate list of new licences as UK ramps up offshore storage push
Shell, Italy’s Eni and independent operator Enquest have positioned themselves as leading players in the development of carbon storage in the UK North Sea. The three companies feature prominently in a list of 21 confirmed storage licences awarded to 14 companies in the UK’s inaugural licensing round, according to regulator the North Sea Transition Authority (NSTA). Shell has three outright licences—including areas in the Southern North Sea Sean and Indefatigable fields—and interests in two licences held by Storegga-owned Pale Blue Dot Energy, including the Acorn project in the Central North Sea. Enquest has four licences in the north, while Eni has a licence in the southern section. Independ
Also in this section
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
