TGS has sold of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of the UK.
TGS has sold of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of the UK.
The data is to be used to verify the suitability for storage of CO2 in offshore reservoirs located in the Permian Gas Basin in the Southern North Sea.
Net Zero Teesside is a CCUS project backed by OGCI Climate Investments, supported by BP, ENI, Equinor, Occidental Petroleum, Shell and Total. OGCI Climate Investments and its partners are working closely with the UK Government to enable the UK to become a leader and exporter of CCUS technologies globally.
Colin McGill, Net Zero Teesside project director, said: ‘To be able to remove carbon dioxide emissions and store them deep underground means that we need to be 100% sure that the reservoir chosen is fit-for-purpose. Our agreement with TGS allows us to carefully analyse the geology of the reservoirs and make the correct decisions.’
Fredrik Amundsen, TGS’ executive vice-president, Europe and Russia, said: ‘The use of seismic data from TGS in the development of this landmark UK CCUS project is marks the start of what could become a growing business area in the coming years.’
