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 ⛽ Gevo Sells $70M in 45Z Credits to a New Kind of Buyer 🌱 South Pole, Gaïago, and Gold Standard Issue European Soil Carbon Credits, Unlocking Verified Regenerative Agriculture Re...
Inside This Issue ✅ Verra's CCS Credits Just Got the Integrity Seal Buyers Want 💰 South Korea Unveils $747 Billion Energy Transition Plan Through 2035 💧 Hydrogen and Carbon Capture and Storage in ...
Inside This Issue 🌲 ARC Bio Tests a Refinery Shortcut to Forest-Based SAF 💧 Scientists Just Found a New Way to Make Hydrogen from Water 🤝 How Channel Partnerships Are Helping More Organizations Ta...
Mineral Europa: A Game Changer for Shipping
Antwerp, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Antwerp, 9 October 2026 – CMB.TECH NV (“CMB.TECH” or the “Company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) today announces th...
Download PDF (170.95 KB) Eni CCUS Holding, owned jointly by Eni and Global Infrastructure Partners ("GIP"), part of BlackRock, announces that Liverpool Bay CCS has completed the installation of th...
First-of-its-kind project in France and Belgium marks a major breakthrough for carbon credit buyers seeking high-integrity, high-impact regenerative agriculture removals in Europe; providing buyer...
Gevo and ClimeFi Complete Carbon Removal Transaction, Advancing Gevo's Growing Carbon Business
Transaction supports Gevo's path toward a carbon business exceeding $30 million in annual revenue from existing operations ENGLEWOOD, Colo., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: G...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.