Oil and Gas
Key producing offshore assets in the UK and Danish North Sea, onshore assets in South Texas, USA, and a non-operated position in the US Gulf.
Greensand is the EU's first full-scale CO2 storage site in operation, and it is a world-leading CO2 storage facility forming part of a complete carbon capture and storage (CCS) value chain: capturing CO2, transporting it by ship, and permanently storing it deep beneath the seabed in the Danish North Sea.
Greensand expects to store up to 400,000 tonnes of CO2 annually in this first commercial phase, scaling toward an expected 4-8 million tonnes annually at full capacity. The project is led by INEOS Energy, with partners Harbour Energy and the Danish North Sea Fund (Nordsøfonden).
Greensand works with partners to ensure residual CO2 can be captured, transported to harbour sites, and sailed to the North Sea for permanent storage.
We are currently working with Port Esbjerg along with many other actors in the CCS value chain including biogas producers. We are continuously exploring new partnership opportunities which can help strengthen the CCS value chain - from capture, transport and storage.
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We are thankful for the trust that has been shown to the entire consortium behind Project Greensand. Carbon capture storage is one of the steps needed to reach the ambitious climate goals in Denmark, and we as a consortium are very proud to be allowed to contribute to that through this project
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Climate, Infrastructure and Environment Executive Agency (CINEA). Neither the European Union nor the granting authority can be held responsible for them.