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8 October 2020 - The Oil and Gas Authority (OGA) is pleased to announce it has awarded a carbon dioxide (CO2) appraisal and storage licence (CS licence) to Eni UK Limited (Eni).
The CS licence will cover an area located within the Liverpool Bay area of the East Irish Sea. Under the CS licence, Eni plans to reuse and repurpose depleted hydrocarbon reservoirs (the Hamilton, Hamilton North and Lennox fields) and associated infrastructure to permanently store CO2 captured in NW England and N Wales.
The application for a CS licence was made by Eni in order to help address the decarbonisation needs of NW England and N Wales and aims to be part of a collaborative effort with industrial companies to capture and transport CO2 from existing industries and future hydrogen production sites for fuel switching, heating, power and transportation in the context of UK targets for net zero emissions by 2050.
Eni expects the project to benefit local communities by creating new job opportunities and assist to develop the economy of the area whilst providing a tangible pathway to energy transition and decarbonisation.
Dr Andy Samuel, Chief Executive of the OGA said: “The OGA is very pleased to award this licence for what we hope will be a highly successful project. The Energy Integration work we’ve been leading shows that the combination of various energy systems, including carbon capture and hydrogen, can make a significant contribution to the UK’s net zero 2050 target. HyNet is an exciting example of energy integration in action – re-using existing infrastructure and depleted reservoirs for significant carbon storage, coupled with hydrogen generation for a variety of innovative uses.”
Claudio Descalzi, Eni Chief Executive commented: “I’m delighted and proud to announce the award of the licence CS004 for carbon storage in the UK, first licence of its kind for Eni. This is a vitally important project for Eni and represents a milestone for the 2050 Net Zero ambitions of the UK and a fundamental pillar for the strategy of energy transition and decarbonisation that Eni is strongly committed to.”
Eni has been awarded a CS Licence with a six-year ‘Appraisal Term’, allowing assessments and planning that may lead to a subsequent application to the OGA for a storage permit and the associated approvals required prior to any CO2 storage operations commencing.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
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Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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