L10CCS, one of the large stores to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entered the next phase in the project, Front End Engineering Design (FEED).
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have successfully progressed the L10CCS project from the Concept Select phase, which includes various technical and economic assessments, into this next Define/FEED phase.
L10CCS seeks to store 5 million t of CO2 annually, equivalent to a third of the total CO2 emissions from Dutch domestic vehicles in one year. All partners have signed up to a FEED Cooperation Agreement and Neptune has awarded the Facilities FEED contract to Petrofac, with the contract having kicked off last month.
The storage licence application for L10CCS was submitted in the second quarter of 2023. The project is awaiting award of the licence by the Dutch Ministry of Economic Affairs & Climate Policy. Talks with emitters, looking for a safe place to store their carbon in depleted gas fields under the North Sea, are ongoing and necessary contractual arrangements will be progressed during this project phase.
Completion of the technical FEED scopes is anticipated during the second half of 2024, with a view to progressing towards a project Final Investment Decision (FID) shortly thereafter in 2025. The timeline of L10CCS is fully aligned with the Aramis project timeline and is planned to be connected and operational as of day one of the opening of this CO2 transport system, now planned in 2028.
Lex de Groot, Managing Director of Neptune Energy in the Netherlands, the operator of L10CCS, said: “CCS is expected to account for nearly 15% of the cumulative reduction in CO2 emissions in the EU, according to the IEA Sustainable Development Scenario.”
“Without CO2 storage it would not be possible to meet the climate goals. To create a well-functioning CCS market, both emitters and storage providers need CO2 transport. The region around L10 has a potential storage capacity up to 120 –150 MT, so will play a crucial role in helping achieve climate goals and open up possibilities for many emitters that need safe CO2 storage in the North Sea at low costs.”
EBN’s Business unit director CO2 transport and storage systems, Berte Simons, said: “We’re pleased to co-operate with our L10CCS joint venture partners in this carbon storage project where we can re-use existing infrastructure and that is linked to the Aramis project.”
“With our subsurface knowledge and experience on storage we’ll be able to contribute extensively to the development of this project. The offshore storage of CO2 is pivotal in meeting climate goals and EBN is determined to contribute to a carbon-neutral energy system.”
ExxonMobil’s Low Carbon Solutions EU Business Development Executive, Marie-Laure Halleman said: “ExxonMobil welcomes the opportunity to collaborate with industry and the government in support of the L10 carbon transportation and storage project. Carbon capture and storage is a proven, ready-to-deploy technology that can help reduce emissions in some of the highest-emitting sectors and advance society’s net-zero goals.”
Anthony Marino, President and CEO Tenaz Energy, said: “We’re proud to be part of this consortium with our industry partners as L10CCS progresses into FEED stage. The L10CCS project, with its application of promising CCS technology has the potential to help achieve climate goals for both the Netherlands and for other countries in northwest Europe.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/14122023/dutch-large-scale-co-storage-project-l10ccs-reaches-feed-phase/