The Liverpool Bay CCS project will operate as the backbone of the HyNet Cluster to transport carbon dioxide to safe and permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay.
The three companies will conduct a comprehensive analysis and evaluation of the most sustainable alternatives to support the maritime decarbonisation pathway.
To support the application, Eni UK announces the creation of the Bacton Thames Net Zero initiative targeting substantive decarbonisation of the UK South East
The block has been awarded following Abu Dhabi’s second competitive block licensing round aimed to unlock value from its substantial hydrocarbon resources.