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Dutch CO₂ Storage Project L10CCS Advances to FEED Phase – Next Step of the Project.

Written by Paulo Nogueira
Published on 13/12/2023 at 08:32
Projeto L10CCS, Projeto de armazenamento de CO2, iniciativa de transporte e armazenamento de CO2, acordos contratuais
Projeto L10CCS atinge a próxima fase – FOTO: ©2023 AtCoMedia. Inc
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L10CCS Connected to the CO2 Transport and Storage Project in the North Sea, with Storage License and CO2 Transport System.

The L10CCS Project is one of the major stores connected to Aramis’ CO₂ transport and storage initiative in the Dutch part of the North Sea. It has now entered the next phase of the project, Front End Engineering Design (FEED).

Neptune Energy and its partners EBN, Tenaz Energy, and ExxonMobil Netherlands CCS have successfully advanced the L10CCS Project from the concept selection phase, which includes various technical and economic assessments, to the next phase of definition/feed. This progress demonstrates the commitment of the parties involved to the contractual agreements made and to the development of the CO₂ storage project in the region. FEED Contract

Details of the Dutch CO₂ Storage Project

The L10CCS Project aims to store 5 million tons of CO₂ annually, equivalent to approximately one-third of the total CO2 emissions from Dutch vehicles in a year. This CO2 storage project is part of a transport and storage initiative involving various partners. All of them signed a FEED Cooperation Agreement, and Neptune granted the FEED contract for Facilities to Petrofac, starting last month. This is a significant milestone for the project’s advancement.

Progress of the Process and Contractual Agreements of the L10CCS Project

The storage license application for L10CCS was submitted in the second quarter of 2023 and is awaiting the granting of the license by the Dutch Ministry of Economic Affairs and Climate Policy. Meanwhile, discussions are underway with emitters seeking a safe location to store their carbon in depleted gas fields under the North Sea. During this phase of the project, the necessary contractual agreements will be made to ensure the advancement of operations.

Technical Progress and Timeline of the Project

The completion of the technical aspects of the FEED is ongoing and is expected in the second half of 2024. Following this stage, a Final Investment Decision (FID) for the project is anticipated for 2025. The timeline for L10CCS is fully aligned with the Aramis project, and the operational connection is planned to coincide with the opening of the CO2 transport system, now expected in 2028.

Technology
Carbon Capture
CCUS

Source: AtCoMedia, Inc

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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