Technip Energies secures FEED contract for massive Viking CCS project
(WO) – Viking CCS, the Humber-based CO2 transportation and storage network led by Harbour Energy (together with partner bp), announced that Technip Energies has been awarded the Front-End Engineering Design (FEED) contract for the project.
The contract includes responsibility for the design of the CO2 transportation system and is another important milestone for the project as it progresses its design, costs and schedule towards a final investment decision (FID).
Once operational, Viking CCS is expected to be one of the largest CCS projects in the world, aiming to capture and store 10m tonnes of CO2 a year by 2030, up to a third of the UK’s CCS target. It could help establish the UK as a leading hub for CCS and promote inward investment.
With an independently verified storage capacity of 300 million tonnes of CO2 across the depleted Viking gas fields, the project could be transformational for the Humber region. It could potentially unlock up to £7 billion of investment across the full carbon capture, transport and storage value chain between 2025 and 2035, and provide an estimated £4 billion of gross value add (GVA) to the Humber and its surrounding areas.
"The Humber region has long been a global leader in the energy sector, and Viking CCS will help to protect around 20,000 jobs in local industries, while also creating up to 10,000 jobs during construction across all Cluster projects,” said Graeme Davies, Harbour Energy’s Viking CCS Project Director.