First CO₂ Injection Test for Storage in the North Sea ##

Perenco and its partners launch the first UK test for CO₂ injection into a depleted gas reservoir in the North Sea. This experimental phase aims to provide crucial data for the long-term geological storage of CO₂. ##

Share:

The Poseidon project takes a major step forward with the first CO₂ injection test into an old gas reservoir in the British North Sea. Led by Perenco UK in collaboration with Carbon Catalyst Ltd and Harbour Energy, this test aims to validate the feasibility of long-term geological CO₂ storage. It is part of a broader effort to develop carbon capture and storage (CCS) technologies.

A Strategic Test for Geological Storage

The injection operation, carried out from Petrodec’s ERDA platform, represents a major technical milestone. This facility is the first in the UK to have received safety certification to support CO₂ injection operations. Preparatory work included the rehabilitation of an old gas well and the installation of infrastructure suitable for this new use.

The test will provide critical data on how CO₂ behaves once injected into a depleted reservoir. This information is essential to assess the site’s absorption capacity and long-term stability, which are fundamental for large-scale industrial operation.

A Potential Injection of 40 Mtpa

If the results are successful, the Poseidon project could enter an operational phase with an initial injection capacity of 1.5 million tonnes per year (Mtpa), with a gradual ramp-up to 40 Mtpa by 2029. This progression aligns with a regulatory framework supported by the UK government, which recently announced £22 billion in funding for CCS development.

The project is part of a broader strategy to leverage the expertise of the oil and gas industry to optimize existing infrastructure and foster new CO₂ management applications. The outcome of this test will provide valuable insight into the next steps for developing geological storage in the North Sea.

##

  • Populaires ​
Renewable energy: access improving, but financing still insufficient for Africa
Enbridge Gas Ohio challenges tariff ruling cutting its revenues by $30mn
Natural hydrogen: France on the verge of redefining its national and European energy strategy
Iberdrola increases supplementary dividend by 16.5% to €0.409 per share
Iberdrola launches metocean studies for Australian offshore wind farm
Colombian Carbon Market Under Pressure: Excess Credits and Waning Confidence
Colombia is experiencing a significant drop in voluntary carbon credit prices due to a major oversupply, destabilizing the financial balance of associated communities and projects.
France and Norway formalize an agreement on cross-border CO₂ transport
France and Norway sign an agreement facilitating the international transport of CO₂ to offshore geological storage facilities, notably through the Northern Lights project and the CO₂ Highway Europe infrastructure.
Frontier signs offtake agreement for 120 000 tonnes of BECCS credits
Frontier Infrastructure Holdings has signed an offtake agreement with manager Wild Assets for up to 120 000 tonnes of BECCS credits, underscoring the voluntary market’s growing appetite for traceable, high-permanence carbon removals.
Wood Mackenzie forecasts $1.35 trillion for CCUS and carbon credits markets
Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
Australian Carbon Credit Market: New Players Influence Price Dynamics
The Australian carbon credit market is experiencing temporary price stabilization, while the emergence of new alternative financial instruments gradually attracts corporate attention, subtly altering the commercial and financial dynamics of the sector.
Norway Launches Complete Industrial Chain for Carbon Capture and Storage
Norway has launched a major industrial project aimed at capturing, maritime transport, and geological storage of CO₂, mobilizing key energy players and significant public subsidies to ensure economic viability.
The EU grants €21mn to accelerate industrial decarbonisation in Egypt
A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Sweden and Norway Launch CCS Infrastructure Targeting 5 Mt Annual CO₂ Capture
Stockholm Exergi begins construction of a CO₂ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.
Global carbon coverage reaches 28%, compliance demand triples
Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
Vietnam Launches Pilot Carbon Market Targeting Three Major Industrial Sectors
Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
EPA delegates strategic management of CO₂ injection permits to Texas
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological CO₂ storage projects.
Höegh Evi and Aker BP receive DNV approval for next-generation CO₂ carrier
Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.
Norne and Port of Aalborg sign 30-year exclusive deal for CO2 hub
Norne and the Port of Aalborg begin construction of a 15 mn tonne per year CO2 terminal, supported by an EU grant.
Lagos launches carbon credit project for 80 million households in Nigeria
The Lagos State government has launched a programme to deploy 80 million improved cookstoves, generating up to 1.2 billion tonnes of tradable carbon credits.
Washington cancels $3.7bn in federal subsidies for carbon capture
The US Department of Energy has cancelled 24 projects funded under the Biden administration, citing their lack of profitability and alignment with national energy priorities.
U.S. Carbon Black Market: Growing Uncertainty Amid Industrial Tensions
In the United States, the carbon black market faces unprecedented fluctuations in the first half of 2025, driven by declining industrial demand and persistent raw material volatility, casting doubts over the sector's future stability.
EU and UK carbon prices stall pending regulatory clarification
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.
European Energy and Ammongas launch CO₂ capture project targeting 150,000 tons annually
A consortium led by European Energy has secured prequalification for a Danish carbon capture and storage project in Næstved, aiming to remove 150,000 tons of CO₂ per year under a national subsidy programme.
Gaia carbon capture project secures key pre-qualification in Denmark
The joint project by Copenhagen Infrastructure Partners and Vestforbrænding is among ten initiatives selected by the Danish Energy Agency for public carbon capture and storage funding.
One Exchange launches OX CO₂, a new platform for carbon trading
Canadian broker One Exchange partners with Stephen Avenue Marketing to create OX CO₂, a carbon trading platform combining digital technology and human expertise.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS