Equinor and partners approve execution of UK’s first carbon capture and storage projects
Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power). The project expects to commence construction from mid-2025 with […]
UK: Nearly £22bn pledged for carbon capture projects
The UK government has pledged nearly £22bn for projects to capture and store carbon emissions from energy, industry and hydrogen production. (BBC.com) It said the funding for two ”carbon capture clusters” on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate […]
UK CCS project enters FEED phase as Technip Energies snatches contract
The Viking Link carbon capture and storage (CCS) project in the UK has entered the front-end engineering design (FEED) phase with the award of the contract to Technip Energies. Viking CCS, previously known as V Net Zero, is the Humber-based CO2 transportation and storage network led by UK oil and gas producer Harbour Energy with energy […]