17 December 2020
Carbon capture and storage
Official announcements about projects or comments we may make on topics of discussion relating to carbon capture and storage, can be found here.
Notice on the Endurance CO2 Store
The Crown Estate has received a request from its tenant, Carbon Sentinel Limited (previously known as National Grid Twenty Nine Limited), to extend the option period under its agreement for lease of the proposed CO2 storage site known as “Endurance” (AfL) from 13 February 2021 to 13 February 2023.
The Crown Estate intends to grant the extension of the option period and before granting any lease under the AfL will need to be satisfied that any liabilities arising from its grant of any seabed rights are acceptable to it. This will include the continued application of an appropriate legislative and regulatory regime.
The Crown Estate has also received an application from Carbon Sentinel Limited to assign the AfL to BP Exploration Company Limited, the proposed operator under the Northern Endurance Partnership between National Grid, BP, Eni, Equinor, Shell and Total to develop offshore CO2 transport and storage infrastructure in the UK North Sea, which it is in the process of considering.
The Crown Estate intends to grant the extension of the option period requested by Carbon Sentinel Limited before 13 February 2021. If you would like any further information in relation to the proposed extension, please contact [email protected] by no later than 1 February 2021.
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