Climate love

Tabitha Kimani

6 w

Bp Plc

Climate love

UK's Harbour Energy and BP agree to develop Viking carbon capture project.


Harbour Energy, Britain's largest oil and gas producer, has reached an agreement with BP to develop a carbon capture and storage (CCS) project in the south of the North Sea.
BP will acquire a 40 per cent “non-operated share” in the project, located in the depleted Viking gasfield, in the Humber region.
Harbour will continue as operator of Viking CCS with a 60 per cent interest.
The company said the UK has the potential to become a global leader in carbon capture and storage, a technology that removes carbon emissions from the atmosphere and stores them underground.
The Viking CCS project could play a key role, with the potential to deliver one third of the UK’s target of 30 million tonnes of CO2 capture by 2030.
Estimates suggest the delivery of Viking could unlock up to £7 billion of investment across the full CO2 capture, transport, and storage value chain over the next decade, creating more than 10,000 jobs during construction, and providing an estimated £4 billion of gross value add to Humber and surrounding areas.

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UK's Harbour Energy and BP agree to develop Viking carbon capture project

BP will acquire a 40% 'non-operated share' in the project, situated in the depleted Viking gas field of the Humber region

https://www.thenationalnews.com/world/uk-news/2023/04/11/uks-harbour-energy-and-bp-agree-to-develop-viking-carbon-capture-project/




Do you agree?

21 more agrees trigger contact with the recipient

  • Harrison wambui

    4 w

    Amazing in deed

    3
    • john linus Tom

      5 w

      This is amazing 🤩

      2
      • john linus Tom

        6 w

        Wonderful

        2
        • Tabitha Kimani

          6 w

          The great polluters should be forced to take care of the mess they have created.

          9
          • Gorffly mokua

            6 w

            Such investments should be increased in every region!

            4
          • Thomas Tienso

            6 w

            Good of course. Continue investing in this BP. But I guess this investment only is a small part of what you earn on the fossil fuel? Tell me I am wrong.

            4
            • Timothy Ndegwa

              6 w

              Awesome!

              9
              • Ajema Lydiah

                6 w

                This is great

                4
                • Joseph Githinji

                  6 w

                  This is a great innovation and technology.

                  10
                  Welcome, let's solve the climate crisis together
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