Entitled Forecasting the North Sea CCUS infrastructure to 2050, the report, which was produced in partnership with Subsea7, is designed to be used as a tool for assessing the relative cost efficiency of CCUS projects and when they would become viable.
North Sea CCUS requires repurposing existing hydrocarbon infrastructure upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
The volume of CO₂ being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, requiring a vast infrastructure investment, a new report has found.