Wintershall breaks into UK CCS market
German independent oil and gas firm secures licence to develop storage in Camelot area of North Sea in breakthrough for its growing carbon management business
German oil and gas company Wintershall DEA has broken into the UK CCS market by securing a licence to develop storage capacity in the Camelot area of the North Sea. The Camelot licence, awarded by UK regulator the North Sea Transition Authority, covers a combination of depleted gas fields and an overlying saline aquifer, giving a potential storage capacity of up to 6mn t. Wintershall will hold a 50% stake in the project together with Australia-based Synergia Energy, which will be project operator in the appraisal phase. Access to the UK’s rapidly developing CCS market is a significant breakthrough for Wintershall, which aims to make carbon management a mainstay of its business as it regroups

Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away