Danish drilling rig operator Maersk Drilling has joined a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea.

The consortium is currently maturing one of the most progressed carbon capture and storage projects inside Danish jurisdiction and targets the development of CO2 storage capacity offshore Denmark based on reusing discontinued offshore oil and gas fields for permanent CO2 storage.

As part of its commitment to the consortium Maersk Drilling has pledge to continue know-how and limited funding to the initial phases of the project.

“We’re really excited to be joining this effort to support the green transition by using the facilities and capabilities of the offshore industry and Maersk Drilling’s more than 40 years of experience with drilling wells in the North Sea,” said Jørn Madsen, CEO of Maersk Drilling.

“As the Danish government recently stated in its climate plan, carbon capture and storage is an important component in the efforts needed to reach the goal of reducing Denmark’s emissions by 70% by 2030.”

The project aims at building infrastructure capabilities that will enable CO2 captures in onshore facilities to be transported offshore for injection and storage beneath the seabed.

The target is to have the first well ready for injection from the Nini platform offshore Denmark in 2025. 

Longer term, the goal is to develop the capacity to store approximately 3.5 million tonnes CO2 per year by 2030, matching the Danish Climate Council’s recommendations of actions needed to meet Denmark’s 70% reduction target.