Viking CCS Project : Technip Energies wins FEED contract for CCS project in Humber

TAGS

Technip Energies has been awarded a crucial Front-End Engineering Design (FEED) contract for the Viking and Storage (CCS) project. This initiative, led by in partnership with bp, is set to revolutionize the UK’s approach to reducing carbon emissions. Situated in the region, the UK’s most industrialized area and largest source of CO2 emissions, the aims to significantly contribute to the UK government’s net-zero emissions target by 2050.

The Viking CCS project is a landmark initiative focused on capturing and storing CO2 emissions from the Humber region into the depleted Viking gas fields. With a target to reduce UK emissions by 10 million tonnes annually by 2030 and 15 million tonnes by 2035, the project is a cornerstone in the UK’s strategy to combat climate change and foster a sustainable energy future.

See also  Diamondback Energy wraps up $26bn merger with Endeavor Energy Resources; Stock dips slightly but shows after-hours promise

Technip Energies, alongside its subsidiary Genesis, will deliver FEED services for the CO2 transportation system. This includes the CO2 handling station, onshore and offshore pipeline, and a Not Permanently Attended Installation (NPAI) platform. This collaboration highlights the company’s dedication to supporting the UK’s transition to a more sustainable future, emphasizing its commitment to sustainable energy solutions.

Technip Energies Secures FEED Contract for Viking CCS Project to Advance UK's Carbon Capture Efforts

Technip Energies Secures FEED Contract for Viking CCS Project to Advance UK’s Carbon Capture Efforts

Charles Cessot, SVP T.EN X – Consulting and Products at Technip Energies, expressed pride in contributing to the UK’s green transition through the Viking CCS project. Harbour Energy’s Project Director, Graeme Davies, and bp’s JV Manager for Viking CCS, Jim Todd, also shared their enthusiasm for the project’s progression into the FEED phase, underlining its significance in creating jobs and safeguarding the region’s industrial sector.

See also  Reliance New Energy Solar to acquire 40% stake in Sterling and Wilson Solar

The Viking CCS project stands as a critical solution for achieving net-zero goals in the UK, with the Climate Change Committee asserting the indispensable role of CCS technology. By targeting a substantial reduction in emissions and fostering a world-leading CCS industry, Viking CCS aims to secure the Humber region’s position as a hub for low-carbon infrastructure, attracting investment and promoting new industries.

See also  Equinor and Vår Energi anchor Johan Castberg FPSO, production to start by late 2024

The awarding of the FEED contract to Technip Energies for the Viking CCS project marks a pivotal moment in the UK’s environmental and energy sectors. This project not only demonstrates the country’s commitment to innovative carbon capture and storage solutions but also underscores the collaborative efforts of industry leaders like Technip Energies, Harbour Energy, and bp to advance the UK’s net-zero objectives. With its potential to deliver significant economic benefits and job creation, the Viking CCS project is a beacon of progress in the global fight against climate change.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This