The Viking carbon capture and storage (CCS) project proposed by the UK independent oil and gas company Harbour Energy and BP has entered the front-end engineering design (FEED) phase. Technip Energies has been awarded the contract to design the CO2 transportation and storage network. The project plans to reuse existing pipelines and utilise decommissioned gas fields in the Southern North Sea to provide competitive option for the transport and storage of the UK’s industries’ CO2 emissions. The project expects to reach a final investment decision (FID) in 2025.
In April 2023, Harbour Energy and BP agreed to develop the Viking CCS transportation and storage project (previously known as the V Net Zero) in the Humber region, giving a 40% stake to BP and the remaining 60% stake and operatorship to Harbour Energy. The Viking CCS has the potential to transport and store up to 10 MtCO2/year by 2030 and 15 MtCO2/year by 2035, with a storage capacity of 300 MtCO2 across Viking's depleted gas fields. The UK aims to store 20 to 30 MtCO2 by 2030.