PHOTO: STOCK
May 1, 2025
BY David Elam
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Backed by an EU Connecting Europe Facility Grant, the project will deliver world-scale CO₂ reception infrastructure and unlock economies of scale for Denmark and the European Union.
Eni has signed an agreement to enter into a period of exclusivity with Global Infrastructure Partners (GIP) aimed at progressing the confirmatory due diligence phase and completing the drafting of the documents related to the sale of a co-control stake of 49.99% in Eni CCUS Holding.
Worley Consulting has been chosen to continue delivering Lender’s Technical Advisor services for the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power). NEP is the CO2 transportation and storage provider to carbon capture projects across Teesside and the Humber in North-East England, while NZT Power aims to become the world’s first gas-fired power station with carbon capture and storage.
INEOS Energy and Royal Wagenborg launched and named the first European built offshore CO2 carrier to enable carbon capture storage across Europe. The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.
BKV Corporation announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration projects.