Porthos CCUS Project Getting Ready

Laxman Pai
Tuesday, February 12, 2019

Port of Rotterdam Authority, Dutch natural gas infrastructure and transportation company  Gasunie and Energie Beheer Nederland (EBN) are preparing a CCUS (Carbon Capture Usage and Storage) project, in which CO₂ from industry will be transported to storage sites in depleted gas fields deep beneath the North Sea seabed.

The three companies are working together on the preparation of this project under the name Porthos: Port of Rotterdam CO₂ Transport Hub & Offshore Storage.

The Porthos project is being developed as an open access transport and storage infrastructure which can be used by multiple parties to store CO₂.

 A so-called Expression of Interest process has been launched in order to obtain a clear picture of which companies are interested to become a customer, and when and how much CO₂ they are willing and able to supply. Companies can express their interest before 1 April 2019.

The Expression of Interest process is part of the preparations for the Porthos project. A decision about the realisation of the Porthos project is expected to be taken in the course of 2020.

CCUS is already successfully utilised at a number of locations around the world – most of them outside Europe. Previous initiatives in the Netherlands were all called off. The reason why this new project is considered particularly promising is that it concerns the storage of CO₂ in the North Sea seabed (opposed to land, as had been suggested for a site near Barendrecht).

On top of this, the CO₂ is generated by industrial companies (rather than coal-fired power plants, as was the case in the recently-cancelled ROAD initiative) that lack fully circular or biobased alternatives in the short term. All parties involved are aware that in the realisation of this project, gaining broad public support is just as vital as technical, financial and economic aspects.

Categories: Ports Environmental Energy Offshore Energy

Related Stories

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Current News

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

CNOOC Set to Restore Production at Major South China Sea Gas Field

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com