The two companies are jointly progressing process design studies with the intent to enter the FEED stage by 2023.
The Humber Hub Blue Project consists of a blue hydrogen facility with a capacity of up to 720 MW combined with gas reformation and carbon capture and storage technology.
Captured carbon from the development will be fed through the proposed Zero Carbon Humber onshore pipeline.
The Humber Hub Blue Project has passed the eligibility criteria for the second phase of the state’s Cluster Sequencing Process and may receive government funding. Second phase projects are expected to reach FIDs from 2024 and come on line from 2027.
The development would capture around 1.6 million tonnes of carbon per year and is in line with the government’s target to capture 10 million tonnes of carbon by 2030.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.