Carbon Catalyst Limited (CCL) has completed the farmout of a 10% working interest in the Poseidon carbon storage licence located in the Southern North Sea sector of the UK Continental Shelf. Wintershall Dea joins CCL and licence operator, Perenco, in this potentially world-class mass decarbonisation project.

Poseidon marks Wintershall Dea’s entry into a second UK CCS project and fifth in the wider North Sea, including the Greensands CCS project in the Danish North Sea. In March 2023, together with INEOS, Wintershall Dea successfully demonstrated the first full cross-border CCS value chain in Europe with the pilot injection of CO2 from a Belgian emitter which were safely stored in the depleted Nini West oil field.

Fergus Marcroft, Executive Director at Carbon Catalyst, commented:
“CCL is delighted to welcome Wintershall Dea to the Poseidon CCS project. Wintershall Dea brings considerable relevant experience to the project, not least its experience of the Greensands CCS project in Denmark which earlier this year performed the first cross-border CO2 injectivity test.”

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