Eni Partners With Progressive Energy to Boost Carbon-Capture at UK Project
27 May 2021 - 7:40PM
Dow Jones News
By Giulia Petroni
Eni SpA on Thursday said that it has partnered with clean-energy
projects developer Progressive Energy Ltd to boost carbon capture
and storage within the U.K.'s HyNet low-carbon cluster project.
As part of the agreement, the Italian oil-and-gas major said it
would develop and operate the onshore and offshore transportation
and storage of carbon dioxide in the Liverpool Bay assets, while
Progressive Energy will be responsible for the capture and hydrogen
aspects of the project.
Eni also said it signed memoranda of understanding with multiple
industrial companies who aim to cut their CO2 emissions through
HyNet North West.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
May 27, 2021 05:40 ET (09:40 GMT)
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