Magseis Renewables, wholly owned by earthquake firm Magseis Fairfield, has entered into a letter of intent to join the Greensand Carbon Capture and Carbon Storage project in Denmark, a statement said.
Magseis Renewables will join Phase Two of the Greensand Consortium.
The Greensand project’s goals are to show that carbon can be injected into the Nini West Reservoir on the Danish Shelf and to validate cost-effective and environmentally friendly monitoring techniques, she says.
The project is led by INEOS Energy, with Wintershall Dea and Maersk Driling as other trading partners and GEUS (National Geological Survey of Denmark and Greenland) as research partners.
“We are pleased to be a partner on this important CCS project and look forward to using our industry-leading seabed node technology and imaging solutions to contribute to the development of CCS monitoring technologies,” says Renewable Director Tone Trudeng at Magseis Fairfield.
Greensand will be a pilot project under Carbon Capture and Storage (CCS) in Denmark, it is reported. The Danes set a goal of reducing carbon dioxide emissions by 70 percent from 1990 to 2030, and identified carbon dioxide capture and storage solutions as necessary to achieve that goal.
According to Magseis Fairfield, the Greensand consortium will submit an EUDP application by September this year, and work on the pilot project is expected to begin by the new year. The first overseas injections are expected to take place late next year.
EDUP is Denmark’s public support scheme, which will support new technology that can contribute to Denmark achieving its energy and climate goals.
“Web specialist. Lifelong zombie maven. Coffee ninja. Hipster-friendly analyst.”