Published by Todd Bush on October 3, 2022
To support the application, Eni UK announces the creation of the Bacton Thames Net Zero initiative targeting substantive decarbonisation of the UK South East.
San Donato Milanese (Milan), 21 September 2022 – Eni UK announces that it has submitted through the North Sea Transition Authority (NSTA) system a Carbon Storage License Application for the Hewett depleted gas field on the Southern North Sea for the development of a CCS project aimed at decarbonising the Bacton and Thames Estuary area.
>> In Other News: Fidelis New Energy to Store 3 Million Tons of CO2 in Denmark in 2026 and 10 Million Tons by 2028
The Hewett depleted gas field is an ideal site for permanent and safe CO2 storage with a total capacity of about 330 million tonnes.
The CCS project will allow to avoid a significant volume of CO2 to the atmosphere, equivalent to the carbon dioxide emissions of over 3 million homes or over 6 million cars per year.
Eni UK can leverage its extensive experience and subsurface knowledge of the Hewett depleted gas field, having operated safely the gas production in the area for over 40 years.
In addition, Eni UK announces the set up of the Bacton Thames Net Zero initiative with the aim to decarbonise and to unlock new greener growth opportunities for the automotive, ceramics, food, materials, energy and waste disposal sectors in the UK South East, supporting materially the UK’s decarbonisation strategy.
Eni UK will play a pivotal role in this industry-led initiative by transporting and storing CO2 in its Hewett depleted gas field, that could be operational as early as 2027.
Eni UK will provide further added value to this initiative by leveraging on the ongoing technical and commercial experience gained from Liverpool Bay CCS and the wider HyNet NW Cluster, as an existing CO2 appraisal and storage license holder.
The collaboration of industrial partners under the Bacton Thames Net Zero initiative could contribute significantly to the development of a hydrogen economy in the UK and become a game-changer in addressing the decarbonisation needs of UK’s South-East, while supporting the UK ‘Net Zero’ targets.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ ExxonMobil Relinquishes 850,000 Acres of Gulf Federal CCS Leases as Interior Rulemaking Stalls 🌱 Climate Action Reserve Adopts Revised Permanence Approach 🧪 Mitsubishi Gas Che...
Inside This Issue 🍁 Inside the $1.2 Billion Deal Derisking Alberta CCUS 🌍 Nine Countries Join CCSA-Led Forum To Coordinate CCUS Policies Across Europe 🌀 Deep Sky Delivers North America's First Cer...
Inside This Issue 🔋 Captura's $12.5M Raise Reveals a Lithium Play in Pasadena 🍁 Max Power Confirms Basin-Scale Natural Hydrogen Potential in Saskatchewan with Bracken Well, 325 Km from Lawson Disc...
The accelerator seeks next cohort of carbontech startups SOMERVILLE, Mass. and HOUSTON and BROOKLYN, N.Y., June 30, 2026 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative)—a unique co...
We're excited to launch Rebond 300, the world’s first carbon-negative construction material with an EPD-verified footprint of -149 kg CO₂ per tonne. It marks the latest addition to our Rebond serie...
Deutsche Bank Is Investing in SAF With Lufthansa Group
Deutsche Bank is investing approximately 1600 metric tonnes of Sustainable Aviation Fuel (SAF) through its partnership with Lufthansa Group. The agreement will reduce the environmental impact of bu...
Mitsubishi Gas Chemical and ACME Group Sign Agreement for the Purchase and Sale of Green Methanol
Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Yoshinori Isahaya) is pleased to announce that on July 2, 2026, it entered into a purchase and sale agreement ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.