Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

U.S. getting 30% higher price for Venezuela oil says energy chief

January 16, 2026

Oil industry seeks abolition or review of OID cess on pre-NELP and nomination blocks, ETEnergyworld

January 16, 2026

Russia Eyes Lucrative Non-Energy Ventures with India, ETEnergyworld

January 16, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Aquaterra wins two major contracts for UK’s Northern Endurance Partnership
Executive Moves

Aquaterra wins two major contracts for UK’s Northern Endurance Partnership

omc_adminBy omc_adminJune 11, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Aquaterra Energy, a leader in offshore engineering solutions, has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster. The project, which will initially serve three carbon capture projects in the Teesside region is the first offshore carbon capture and storage (CCS) project in the UK to receive a carbon storage permit. 


The contracts were awarded following successful commercial and technical evaluations. The first will address the challenge of safely re-abandoning two legacy wells – a critical step in securing the long-term integrity of the site for safe CO2 storage. Aquaterra Energy will deploy its Legacy Well Re-entry and Re-abandonment services, which includes its patent-pending Recoverable Abandonment Frame (RAF). This innovative solution enables a vertical well re-entry tieback method that delivers both operational efficiency and assurance that legacy wells won’t compromise the security of stored CO2. 

The second contract covers seabed to surface well access services for the drilling of six new CO2 injection subsea wells. Aquaterra will supply its CCS-ready high-pressure subsea drilling riser system, which includes its proprietary AQC-CW connectors. The system, qualified to ISO 13628-7, has been engineered for repeated make-and-break cycles, with replaceable seal rings and field-serviceable components that ensure long-term integrity and performance. 

George Morrison, CEO of Aquaterra Energy, commented, “This is a milestone project for CCS in the UK, and we’re proud to be playing a central role. Our early recognition of the engineering challenges facing the sector has enabled us to be at the forefront of this pioneering initiative, providing the solutions needed for enabling long term, large-scale offshore CO2 storage. This project has the potential to set a global benchmark, and we’re excited to help lead the way.” 

The North Sea Transition Authority (NSTA) recently awarded the NEP with the first-ever carbon storage permit in the UK, and it is one of the most advanced developments of its kind globally. The project could see first injection could come as early as 2028 with a permitted injection rate of 4 million tonnes annually, making it key in moving the UK towards the government’s target of capturing and storing 20-30 million tonnes of CO₂ per year by 2030.

Ben Cannell, Innovation Director at Aquaterra Energy, added, “Securing both scopes for the Northern Endurance Partnership reinforces confidence in our specialist CCS technology and well access expertise. As the pace of carbon storage projects accelerates, the demand for efficient and CCS compliant drilling intervention and abandonment solutions will continue to grow. With thousands of wells to be both re-abandoned and drilled in the future globally, robust, field-proven systems like ours will be essential to deliver safe and scalable storage in order to de-carbonise hard to abate large static emitters such as steel manufacture, cement production and other large industrial processes quickly.

 



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

ADNOC weighs Venezuela investment as XRG eyes gas projects

January 16, 2026

Lime Rock Partners makes equity commitment to Eagle Ford-focused Athena Energy

January 15, 2026

Coterra, Devon in talks over potential Permian mega-merger

January 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20075 Views
Don't Miss

ADNOC weighs Venezuela investment as XRG eyes gas projects

By omc_adminJanuary 16, 2026

(Bloomberg) – The United Arab Emirates’s state oil giant is evaluating options for a potential…

Lime Rock Partners makes equity commitment to Eagle Ford-focused Athena Energy

January 15, 2026

Coterra, Devon in talks over potential Permian mega-merger

January 15, 2026

DNV awards ModuSpec technology qualification for BOP real-time monitoring platform

January 15, 2026
Top Trending

Rolls-Royce Appoints Former bp CSO Ivanka Mamic as New Chief Sustainability Officer

By omc_adminJanuary 15, 2026

Canaccord Acquires Energy Transition-Focused Investment Bank CRC-IB

By omc_adminJanuary 15, 2026

Microsoft Kicks Off 2026 With Flurry of Large-Scale Carbon Removal Purchase Deals

By omc_adminJanuary 15, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202510 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20257 Views
Our Picks

Trump ally says Venezuela must guarantee oil assets to attract U.S. producers

January 15, 2026

ADNOC weighs Venezuela investment as XRG eyes gas projects

January 15, 2026

Oil Falls Sharply as US Pauses Iran Action

January 15, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.