The DCO will allow the construction, operation, and maintenance of infrastructure to transport captured CO 2 as part of the HyNet CCS cluster. Within the HyNet Cluster, Eni’s T&S system will significantly and safely abate emissions from third party industries. It is also spearheading the Bacton Thames Net Zero project, which aims to decarbonise the South East of England and Thames region. In addition, the recent acquisition of Neptune Energy, has opened up access to three more CO 2 storage licenses strategically located in the North Sea. These licenses further reinforce Eni UK CCS portfolio, which currently accounts for a total gross storage capacity of about 1 giga tons in the Country.

Source: The North Africa Journal June 19, 2024 14:20 UTC