Viking will repurpose existing pipelines and decommissioned gas fields
BP takes stake in Viking CCS
The project is a ‘leading contender’ for track two sequencing and could take FID by next year
BP has taken a 40pc stake in the proposed Viking CCS project. UK independent Harbour Energy will continue as the network’s operator with a 60pc stake. Viking could potentially capture up to 10mn t/yr of CO₂ by 2030 and will be sited near the Humber industrial region in northern England. Viking was previously cited by the UK government as a “leading contender”, along with the Acorn CCS project in Scotland, to be selected in the recently announced track of its CCS cluster sequencing process. The cluster sequencing process will allocate funding toward meeting an ambition for 20–30mn t/yr of CO₂ storage and four operational clusters by 2030. The UK government had previously selected the Hynet an
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
