The Danish Energy Agency (DEA) has awarded the first licenses for exploration of full-scale carbon dioxide (CO2) storage in the Danish North Sea to TotalEnergies EP Danmark, and consortium consisting of INEOS E&P and Wintershall DEA International.
The licenses cover areas in depleted oil and gas fields and previously unexplored saline aquifers, and contain the necessary geological structures that are suited to serve as permanent CO2 storage locations in future. The timing and design of the final storage facilities will depend on the upcoming exploration and research work.
In Denmark, the technology will be tested in connection with Project Greensand, which is a pilot and demonstration project by INEOS E&P funded by the EUDP.
Permissions can initially be granted for exploration for up to six years, during which the exploring company has exclusive rights to the area. If a suitable location for CO2 storage is found, the permit can be extended for up to 30 years for storage operations.
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