Eni established Eni CCUS Holding as a subsidiary platform to hold the group’s carbon capture, utilisation and storage portfolio and develop carbon capture and storage projects through subsidiaries. It operates Liverpool Bay and Bacton in the UK and L10-CCS in the Netherlands through subsidiaries. The company holds the right to acquire Eni’s 50% interest in Italy’s Ravenna CCS project and can add other projects to a broader platform.
Bacton CCS could support decarbonisation for industries in South East England and continental Europe. Liverpool Bay CCS is under development as a transportation and storage network for industries within the HyNet cluster; its construction program repurposes part of the offshore platform and existing pipeline infrastructure and builds new pipelines to connect industries across North West England and North Wales. The projects provide infrastructure to capture and permanently sequester carbon dioxide emissions from hard-to-abate industries.
