MAKEEN Energy joins Project Greensand – Europe’s first full chain Climate Carbon Capture and Storage pilot project

29 consortium members, including MAKEEN Energy, have signed up to phase 2 of Greensand, a carbon storage pilot project in support of Denmark’s ambitious CO2 reduction targets.

Project Greensand is amongst the frontrunners of CO2 storage projects in Europe and now MAKEEN Energy officially joins, enabling a crucial part of the technical handling. The objective of Greensand is to safely and permanently store potentially up to 8m tonnes of CO2 per year in depleted Danish oil and gas fields, the so-called Siri area of the North Sea. If the project receives sufficient funding and succeeds in moving from pilot to full project execution, it will be able to account for all the CO2 storage currently proposed in the Danish Climate Program.

MAKEEN Energy has agreed to participate in Greensand with its liquefaction technology – thereby bridging a crucial gap between the captured CO2 and a liquid end-product capable of being injected into the depleted oil and gas fields.

Likewise participating in phase 2 is the Danish cement producer Aalborg Portland. Carbon emissions from Aalborg Portland’s activities will be captured, cleaned and transported to MAKEEN Energy, where the CO2 will be liquefied using existing in-house technology, after which it is made ready for onward transportation and offshore injection.

Greensand recently cleared a major hurdle as DNV GL independently certified that the Nini West field is conceptually suitable for injecting 0.45 million tons of CO2 per year per well for a 10-year period, and that the subsea reservoir can safely contain the CO2. The Paleocene sandstone fields of the Siri Area in the Danish North Sea are located at an optimal depth of 1.5-2.2km and are encased in one of the most competent cap rocks in the North Sea. The area is geologically extremely stable and has retained gas and oil for 10-20 million years.

Anders Bjørn, COO/Project Director, MAKEEN Energy, elaborates:

“We’re excited to join this project, as it further cements MAKEEN Energy’s ambition of playing an active role in sustainable transformation processes. We’re looking forward to putting our expertise to responsible use by collaborating on a pioneering project that might contribute to solving the biggest challenge of our time – the reduction of CO2 emissions in the heavy industry.”

The consortium will now file a grant application with the Energy Technology Development and Demonstration Program. If the application is successful the consortium expects to commence work in end-2021, with the offshore injection pilot taking place in late 2022.