INEOS plans to transform the Nini oil field in the North Sea into a carbon storage site. The company aims to inject liquefied CO2 into depleted oil reservoirs beneath the seabed.
Used to extract fossil fuels, the field is now getting a second lease on life as a means of permanently storing planet-warming carbon dioxide beneath the seabed.
If you take them by their word, it sounds perfect.
I’m worried about Ineos’ ulterior motives. It would not take a lot of change or investment to start up EOR there if any drilling equipment is still in place.
If you take them by their word, it sounds perfect.
I’m worried about Ineos’ ulterior motives. It would not take a lot of change or investment to start up EOR there if any drilling equipment is still in place.