Carbon capture license awarded to Eni
18 November 2020
The Oil and Gas Authority (OGA) is pleased to announce it has awarded a carbon dioxide (CO2) appraisal and storage license (CS licence) to Eni UK Limited (Eni).
The CS license will cover an area located within the Liverpool Bay area of the East Irish Sea. Under the CS license, Eni plans to reuse and repurpose depleted hydrocarbon reservoirs (the Hamilton, Hamilton North and Lennox fields) and associated infrastructure to permanently store CO2 captured in NW England and N Wales.
The application for a CS license was made by Eni in order to help address the decarbonization needs of NW England and N Wales and aims to be part of a collaborative effort with industrial companies to capture and transport CO2 from existing industries and future hydrogen production sites for fuel switching, heating, power and transportation in the context of UK targets for net zero emissions by 2050.
Eni expects the project to benefit local communities by creating new job opportunities and assist to develop the economy of the area whilst providing a tangible pathway to energy transition and decarbonization.
Press Release Courtesy of Eni.