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OGCI Climate Investments announces progression of the UK’s first commercial full-chain CCUS project

OGCI is entering into a strategic partnership with BP, ENI, Equinor, Occidental Petroleum, Shell and Total to progress the Clean Gas Project, the UK’s first commercial full-chain Carbon Capture Utilization and Storage (CCUS) project in Teesside.

The Clean Gas Project could form the heart of the Tees Valley CCUS Cluster that will deploy commercially viable, safe, environmentally responsible CCUS at scale. It will combine CO2 capture from new efficient low-carbon power generation and local industrial emitters in Teesside. The project is a result of collaboration between OGCI Climate Investments, its member companies, central and local government and local industry.

The partnership will support the technical and commercial progression of the Clean Gas Project on to the next stage of development. As the project reaches this important phase, it becomes the anchor project for a decarbonized industrial cluster in Tees Valley, home to British industry. The partnership will continue to work with the government on commercial terms that support the stakeholders involved, including the Tees Valley Mayor, the Tees Valley Combined Authority (TVCA), local industry, and the community.