Storegga, Harbour Energy (HBR.L) and Shell have 30% each in the project, while North Sea Midstream Partners (NSMP) hold the remaining 10%. * Acorn CCS, the project operated by Storegga, aims to develop a CO2 storage site off the coast of Scotland, with a capacity to inject 5-10 mtpa of CO2 by 2030. Two previous partners, Notional Grid and Shell (SHEL.L) left the project in April 2023 to focus on other activities. ![]() The project includes BP, Equinor and TotalEnergies. The project could potentially transport and store up to 27 mtpa by 2030, with the first injections expected to start in 2027. * Northern Endurance, a BP-led (BP.L) partnership, aims to develop infrastructure to transport and store CO2 captured at industrial site in Humber and Teesside under the seabed in the southern North Sea. Operations are expected to start in 2025, initially injecting about 4.5 mtpa of CO2 into the storage, and increasing the volume to 10 mtpa by 2030. Italian energy group Eni (ENI.MI) will operate a CO2 pipeline and an offshore storage at a depleted gas field. * HyNet North West project aims to convert gas and fuel gas from the Stanlow refinery in Cheshire into low-carbon hydrogen, capturing and transferring the CO2 produced during the process by pipelines to offshore storage in the Liverpool Bay. By 2030, it aims to capture and store 20-30 mtpa of CO2. ![]() The British government has pledged to invest 20 billion pounds ($25.50 billion) over the next 20 years in projects to capture, utilize and store carbon dioxide, as part of its plan to meet climate goals. The site could potentially store emissions from OMV's majority-owned Austrian plastics group Borealis (BESGR.UL). Aker BP, Norway's second-largest listed oil and gas firm, has a 60% stake and Austria's OMV has a 40% stake. * Poseidon, an Aker BP-led project to explore for a CO2 storage in the North Sea with potential capacity to inject more than 5 mtpa.
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