BP and Equinor granted UK carbon storage licences
East Coast Cluster reaches milestone as licences granted for four more sites in Southern North Sea
The UK has granted carbon storage licences to oil major BP and Norway’s Equinor for four new sites in the North Sea, marking a key milestone for the development of the low-carbon East Coast Cluster project in northeast England. The licences grant BP and Equinor a window of up to eight years to carry out seismic surveys and drill wells to acquire data before applying for storage permits for the four sites, which are around 70km off the coast of Humberside. “This is a major milestone for the East Coast Cluster project that will make a tangible impact on the UK's climate change ambitions,” says Grete Tveit, senior vice-president for low-carbon solutions at Equinor. When combined with the nearb
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