Funding for study on offshore CO2 storage project in Denmark
Wintershall Dea welcomes a decision by the Danish Energy Technology Development and Demonstration Program (EUDP) to award funding for a feasibility study into offshore CO2 storage in Denmark.
The funding has been awarded to a new CO2 storage consortium involving Wintershall Dea, INEOS Oil and Gas Denmark, Maersk Drilling, and a research partner - the Geological Survey of Denmark and Greenland (GEUS). The consortium aims to use depleted offshore oil reservoirs to permanently store CO2 captured at onshore industrial facilities. The EUDP funding will support a feasibility study to validate compatibility of the reservoirs. Wintershall Dea has been producing from the oil fields in question, Nini and Cecilie, for decades, so knows them well.
Hugo Dijkgraaf, Chief Technology Officer at Wintershall Dea, says “Offshore CO2 storage plays an important role for a cleaner energy future, so we are pleased to be a part of this project which has the potential to significantly mitigate CO2 emissions in Denmark. We bring to the table Wintershall Dea’s world class offshore and subsurface expertise and knowledge to the handling of CO2.”