Independent UK company, Carbon Catalyst and independent hydrocarbon producer Perenco UK (PUK) has announced it has been the awarded of two carbon storage licences by the North Sea Transition Authority (NSTA) to progress the Orion carbon storage project in the Southern North Sea sector of the UK Continental Shelf.
The two carbon storage licenses cover the PUK-operated and decommissioned Amethyst and depleted West Sole gas fields.
These high-quality geological stores represent the most geographically proximal offshore storage sites to Humberside, the UK’s largest industrial cluster, and are directly connected by pipeline to the PUK-operated onshore Dimlington Gas Terminal.
Orion will play a crucial role in providing additional, cost-effective CO2 transport and storage services to various industrial and power generation emitters across the broader Humberside area.
The project is planned to be operational by 2031, with initial CO2 injection rates of 1 MTPA.
Nick Terrell, executive director at Carbon Catalyst says: ‘Orion is strategically positioned to support the accelerated decarbonisation of the Humberside industrial area, with the project’s storage sites located a mere 46 km offshore from Perenco’s Dimlington gas processing terminal. CCL is looking forward to supporting Perenco as they advance this important project towards final investment decision, ultimately aiming for first CO2 injection by 2031.’