CO₂ will be piped via the Port of Rotterdam
Dutch government backs North Sea Porthos CCS project
FID expected this year as developers target 2024 startup for one of world’s largest CCS projects
The Dutch government has agreed to grant subsidies of up to €2.1bn ($2.55bn) to one of the world’s largest carbon capture and storage (CCS) projects in the North Sea. The Dutch government’s backing is expected to allow the developers of the 250mn t/yr Porthos CCS project—Shell, ExxonMobil, Air Liquide and Air Products—to reach FID by the end of this year, followed by a two-year construction phase and commissioning in 2024. 2.5mn t/yr – Potential capacity of Porthos CCS project Permitting for the project, which will use depleted gas reservoirs in the North Sea P18 blocks to store CO₂ piped via the Port of Rotterdam, is already in progress and is expected to take less than a year to co
Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
