UK: Eni and Progressive Energy join forces to accelerate UK CCS development
27 May 2021
Progressive Energy have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the
HyNet North West low carbon cluster project.
Under the agreement, Eni will develop and operate both the onshore and offshore transportation and storage of CO2 in their Liverpool Bay assets, whilst Progressive Energy will lead and coordinate the capture and hydrogen aspects of the project on behalf of Hynet North West, thereby linking together the sources of CO2 emissions to Eni’s transportation and storage infrastructure.
Memoranda of understanding in respect of the capture and storage of future CO2 emissions across the region have been signed between Eni and multiple industrial companies who wish to reduce their CO2 emissions through HyNet North West.