Carbon capture agreement will deliver major carbon store in North Sea

Article summary

The Crown Estate has awarded an Agreement for Lease in the North Sea on 5 October 2023. This will allow BP, as lead operator, to further progress its planned ‘Endurance’ carbon capture, usage and storage project, a reservoir in the rock deep below the North Sea, which would be used to store hard-to-abate carbon emissions captured from carbon-intensive heavy industry in Teesside and Humberside. The scale of the project means it could support the UK government’s ambitions to capture and store 20–30 million tonnes of CO2 equivalents per year by 2030.