Eni obtains second license for carbon dioxide storage in the United Kingdom

Eni positions itself as the leading developer of CCS projects in the country

Eni announces that its affiliate in the United Kingdom (Eni UK) has been awarded by the British Authority the license for the storage of CO2 for the depleted Hewett gas field, located approximately 20 km offshore of Bacton, in the southern part of the UK North Sea.

The significant storage capacity of the field, equal to approximately 300 million tonnes, the possibility of reusing part of the infrastructure connected to it and the proximity to the industrial center of Bacton, makes Hewett an ideal site to permanently store the carbon dioxide coming from from industries in the south-east of England and the Thames Estuary area near London, and promote the production and distribution of blue hydrogen consistent with the UK's decarbonisation plans and objectives.

Furthermore, the realization of the project will allow important impacts on local communities, creating new job opportunities and promoting the economic development of the area. At present, 13 industrial partners in the energy, waste disposal and production sectors are already involved through the Bacton Thames Net Zero cooperation agreement. Initial CO2 storage capacity is estimated to be around 6 million tonnes per year from the latter part of the decade rising to over 10 million tonnes after 2030, making a significant contribution towards the UK's target of store 20-30 million tons of CO2.

This new license in the Bacton area adds to the one obtained in Liverpool Bay in 2020, where Eni is the carbon dioxide transport and storage operator within the HyNet North West Consortium, and will allow together with the other projects under construction, such as the Dogger Bank offshore wind project, to consolidate Eni's role as one of the main players in contributing to the decarbonisation process of the United Kingdom.

Eni obtains second license for carbon dioxide storage in the United Kingdom