Harbour Energy plc has agreed with bp to develop the Viking carbon capture storage (CCS) and transportation project close to the Humber region in the southern North Sea. VIKING CCS The company continues as operator holding 60% of the project with bp acquiring a 40% non-operated share. Viking CCS comprises four main components relating to […]
Tag: carbon capture storage
Neptune to invest $1bn to secure UK energy
Neptune Energy today said it would spend more than $1 billion (£800m) over the next five years to secure energy supplies for the UK and speed the transition to net zero. CARBON INTENSITY The company operates around 11% of the country’s gas supply from fields in the UK’s Southern North Sea and the Norwegian North […]
Neptune plans to exceed net zero targets
Neptune Energy said it planned to exceed net zero targets and store more carbon than it emits by 2030 from its operations in the North Sea. CCS The company is working on two carbon capture and storage (CCS) developments in the Dutch and UK sectors of the North Sea. In a statement Neptune added that […]