Eni UK signs 19 companies to HyNet CCS project
SUMMARY
Eni achieves a breakthrough for UK decarbonisation with 19 memorandums of understanding
By Maureen McCallPOSTED IN:
Italian energy group Eni signed memoranda of understanding with 19 companies to capture and store carbon emissions as part of the HyNet North West project in the UK, it said February 9.
The HyNet project intends to capture and sequester CO2 emissions from one of the most energy-intensive industrial districts in the UK – transforming it into the world’s first low-carbon industrial cluster.
The project will support the UK's decarbonisation process by contributing 100% of those emissions to the 10mn metric tons/year of CO2 storage capacity targeted for 2030.
Captured emissions will be transported and stored in Eni UK’s depleted hydrocarbon reservoirs in the North Sea and the company has recently signed further agreements with Cory, Uniper and the Cavendish Project to evaluate further storage solutions.
Eni UK currently operates Liverpool Bay facilities in the East Irish Sea and the depleted Hewett gas field, located off the Norfolk coast, which is currently in its decommissioning phase.
