There are deals to be done in CCUS sector
CCUS sector set for flurry of M&A
More deals expected this year as developers seek capital and large firms look to build up portfolios, says Wood Mackenzie
M&A activity in CCUS will accelerate this year as the sector makes the transition from niche concept to mainstream investment theme. Developers with large shareholdings in projects will increasingly look to sell stakes to raise capital at they move to FID. At the same time, companies that have put CCUS at the heart of their strategies but have yet to build significant development portfolios will be potential buyers of stakes. "The scene is set for more deals with CCUS positions at their centre," says Scott Norlin, Canada upstream analyst at consultancy Wood Mackenzie. “Given the multitude of projects with 100pc equity, there is significant opportunity for farm-in partners or sales.” Norw
Also in this section
4 April 2025
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
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
