Denmark is keen to attract investment in CCS
Denmark awards licences to CCS frontrunners
TotalEnergies, Wintershall Dea and Ineos secure first exclusive licences to explore potential offshore storage sites
France’s TotalEnergies and a consortium of German oil and gas producer Wintershall Dea and UK-based chemicals firm Ineos have cemented their frontrunner status in Denmark’s emerging CCS sector by securing the country’s first exclusive licences to explore potential large-scale storage sites in the North Sea. The licence awards, which cover an area of 2,800km², are for an initial exploration period of up to six years, with potential to extend to 30 years if final project proposals are approved by the Danish Energy Agency (DEA). Danish state-owned oil and gas licensing company Nordsofonden holds a 20pc stake in each of the new licences. All three companies are already working on CCS projects in
Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
