EnQuest is an integrated energy transition company focused on delivering energy to meet societal needs while pursuing decarbonisation opportunities. Our purpose is to provide creative solutions through the energy transition, as we harness the creative and innovative thinking of our people to deliver safely while reducing our environmental impact as we all transition to a cleaner world.
Through its Infrastructure and New Energy division, EnQuest’s new energy strategy is anchored in its unique infrastructure position, strong engineering, project management and subsurface capability, with development of a world-scale CCS project a key focus. The Sullom Voe Terminal (‘SVT’) site in Shetland offers several unique competitive advantages for a CCS project, including a 1,000-acre industrial site with access to an existing gas pipeline network linked to several well-understood offshore reservoirs, a deep-water port with four jetties and a highly skilled workforce and local supply chain. EnQuest believes this concept presents a unique opportunity to repurpose existing infrastructure and enable the import and permanent storage of material quantities of CO2 from isolated emitters in the UK, Europe and beyond.
EnQuest has conducted initial phases of feasibility and economic screening work in respect of this carbon storage concept. These studies indicate the capability of the existing infrastructure, including the EnQuest-operated East of Shetland pipeline system, and storage sites to support a project capable of storing 10 million tonnes of CO2 per annum. Regional screening supports the presence of additional storage sites which could be accessed in the area with total storage volumes in excess of one billion tonnes.
In support of its ambitions, EnQuest is establishing partnerships with key stakeholders in Shetland, the UK and continental Europe to deliver a carbon megastore in the northern North Sea, leveraging the infrastructure it owns and operates in and around Shetland.