V Net Zero is renamed Viking CCS
12 October 2022: V Net Zero, the carbon capture, transport and storage network led by Harbour Energy, has been renamed Viking CCS to better reflect the strength of its CO2 capture and storage capabilities.
Viking CCS will develop infrastructure in the Humber region, the UK’s most industrialised region, to transport and store CO2 in secure offshore storage sites. The network is targeting a reduction of 10 million tonnes of UK greenhouse gas emissions per annum by 2030, with first capture planned for as early as 2027.
Working with a wide range of emissions capture and infrastructure partners, the project will help to establish a world leading CO2 capture and storage (CCS) industry in the UK and meet the Government’s net zero emissions targets. The project will also play a key role in solving the issue of stranded emissions from UK businesses and industrial clusters by developing an extended pipeline-based network which will link key emitters to Viking CCS’s transport and storage network.
To mark the occasion, Viking CCS is relaunching its website today where visitors can find out more about the project and our decarbonisation plans for the Humber region and beyond: www.vikingccs.co.uk.
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About Harbour Energy
Harbour Energy is the largest London-listed independent oil and gas company. We have a leading position in the UK as well as interests in Indonesia, Vietnam, Mexico and Norway.
Our strategy is to continue to build a global, diversified oil and gas company focused on safe and responsible operations, value creation and shareholder returns. Across our operations we are committed to achieving our goal of net zero greenhouse gas emissions by 2035 with respect to our scope 1 and scope 2 emissions. In addition, we are well positioned to use our existing skills and infrastructure to help deliver the UK’s CCS goals and more broadly the country’s emissions reduction targets.