Denmark is keen to attract investment in CCS
Denmark awards licences to CCS frontrunners
TotalEnergies, Wintershall Dea and Ineos secure first exclusive licences to explore potential offshore storage sites
France’s TotalEnergies and a consortium of German oil and gas producer Wintershall Dea and UK-based chemicals firm Ineos have cemented their frontrunner status in Denmark’s emerging CCS sector by securing the country’s first exclusive licences to explore potential large-scale storage sites in the North Sea. The licence awards, which cover an area of 2,800km², are for an initial exploration period of up to six years, with potential to extend to 30 years if final project proposals are approved by the Danish Energy Agency (DEA). Danish state-owned oil and gas licensing company Nordsofonden holds a 20pc stake in each of the new licences. All three companies are already working on CCS projects in
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