SUBSCRIBE
PROFILE

Viking CCS Project: a response to the UK’s CCS objectives

BP is acquiring a 40% stake in the Viking CCS project for carbon capture and storage, which is expected to meet one-third of the UK's CCS targets by 2030, with a final investment decision expected in 2024.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Viking carbon capture and storage (CCS) project sees BP acquire a 40% stake. The project is expected to be operational by 2027, according to an announcement by British energy company Harbour Energy on April 11.

The Viking CCS Project: A Net Zero “SuperPlace” in the Humber Region

The project, located in the North Sea near the Humber region, is expected to meet one-third of the UK’s CCS targets by 2030. The CCS project involves transporting CO2 through a newly constructed pipeline to offshore storage sites, using the decommissioned Lincoln offshore gas gathering system.

The project aims to create a net-zero “SuperPlace” in the Humber region, combining green power generation and CCS infrastructure. It has access to a planned CO2 shipping terminal in Immingham, developed in partnership with Associated British Ports.

The Viking CCS project was recognized by the UK government as one of the top two candidates in the Transportation and Storage Systems (T&S) category of its CCS Track cluster sequencing process 2. The government aims to establish two T&S systems located in the UK, following the HyNet and East Coast Cluster proposals, which are part of the Track 1 cluster. A final investment decision on the Viking CCS project is expected in 2024, subject to the outcome of the Track 2 process.

A competitive alternative to alkaline electrolysis hydrogen

Harbour Energy retains a 60% stake in the project, which has the potential to unlock around £7 billion ($8.7 billion) of investment across the CO2 capture, transport and storage value chain over the next decade and could provide up to £4 billion in gross value added to the Humber region.

“Viking CCS has the potential to unlock billions of pounds of investment across the CCS value chain and is crucial for the UK to meet its emissions reduction targets,” said Harbour CEO Linda Cook.

BP’s senior vice president for Europe and UK country manager, Louise Kingham, says the Viking CCS project could help create thousands of local jobs and enable supply chains that support the growth of CCS in the UK.

Platts priced blue hydrogen (ATR with CCS, including capex, Netherlands) at EUR 3.35/kg (USD 3.65/kg) on April 6, while alkaline electrolysis hydrogen (including capex, Netherlands) was priced at EUR 6.45/kg.

  • Popular on energynews.pro
Condor raises $13.65mn to accelerate gas drilling programme in Uzbekistan
Stardust Power raises $15mn to launch its lithium refinery in Oklahoma
Woodside signs nine-year LNG supply deal with Turkish company BOTAŞ
CNOOC launches ninth offshore project in 2025 in the South China Sea
Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Gevo receives “A” rating for North Dakota site from BeZero Carbon
Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.
Technip Energies secures strategic contract for carbon capture project in Thailand
Technip Energies has secured a detailed engineering contract for a carbon capture and storage project led by PTTEP, marking a key industrial milestone in the Gulf of Thailand.
United Kingdom: Second CO₂ storage licensing wave redefines North Sea through 2050
The United Kingdom opens 14 new offshore geological storage zones, creating an industrial decarbonisation corridor and securing long-term capacity for domestic and European heavy industry.
Green Plains injects CO2 from Nebraska into Wyoming and receives $14mn payment
Green Plains has begun sequestering carbon dioxide from its three Nebraska facilities via a pipeline to Wyoming, while receiving a first $14mn payment under the 45Z tax credit programme.
JERA and Newlab partner to scale up industrial testing of CO₂ capture technologies
Japan's JERA has entered a strategic partnership with Newlab in New Orleans to fast-track the commercialisation of carbon capture solutions for power generation facilities.
Carbonova raises C$5.1mn to launch industrial nanofibre demonstrator in Calgary
The Canadian start-up has secured financing to complete a C$13.6mn project aimed at converting captured CO₂ and natural gas into high-value carbon nanofibres.
Carbon capture technologies emerge as industrial lever by 2035
CO₂ removal techniques are moving from lab-scale to national and corporate strategies, but their development remains constrained without a clear legal framework and targeted incentives on the carbon market.
Senegal and Norway sign deal to activate Article 6 carbon market mechanisms
Norway plans up to $740mn to fund verified emission reductions, supporting Senegal’s entry into cooperation frameworks under the Paris Agreement.
Technip Energies to deliver three electric marine arms for Northern Lights phase 2
Technip Energies strengthens its role in the Northern Lights project in Norway by supplying electric marine equipment for the transfer of liquefied CO2 at the Øygarden terminal.
Over 500 carbon capture representatives identified at COP30
An NGO identified 531 participants linked to carbon capture and storage technologies at COP30, illustrating the growing strategic interest of industry players in this technical lever within climate negotiations.
Carbon neutrality to reach $27.22bn by 2035, driven by Asia
Driven by rising demand from China and India, the global carbon neutrality market is expected to grow by 7.3 % annually through 2035, supported by sustained investment in capture technologies.
Japan targets 12.5 Mtpa carbon capture capacity by 2035 despite cross-border hurdles
Japan plans to increase its carbon capture, utilisation and storage capacity thirtyfold by 2035, but reliance on cross-border infrastructure may delay the government’s targets.
PETRONAS becomes key carbon storage player and expands operations in Suriname
PETRONAS secures Malaysia’s first CCS permit and strengthens its upstream presence in Suriname, aligning an integrated strategy between CO₂ capture and low-cost offshore exploration.
Peru bets on carbon markets with its NDC 3.0 climate commitment
The Peruvian government announces a 179 million tonne emissions target by 2035, integrating carbon market tools and international transfers to reach its climate goal.
The UN validates an Article 6.4 methodology for landfill methane
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Sinopec and BASF align their product carbon footprint accounting methods
Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.
NorthX injects $3.4mn into four Canadian carbon removal startups
NorthX Climate Tech strengthens its portfolio by investing in four carbon dioxide removal companies, reinforcing Canada’s position in a rapidly expanding global market.
Texas captures attention with over $10bn invested in carbon management
With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
GE Vernova and YTL PowerSeraya launch a carbon capture study in Singapore
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
Carbon removal investments hit $1 billion despite high operating costs
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.