Framework agreement with the Nini Joint Venture confirms Maersk Drilling as the preferred contractor with a right to all drilling rig work involved in Project Greensand on market-rate terms until the end of 2027.
The mission to store CO2 beneath the Danish North Sea has cleared the first major hurdle after the intended subsea reservoir was confirmed feasible for CO2 injection by independent certification body DNV GL.
As part of an overall sustainability strategy, Maersk Drilling has set an ambitious target of lowering the intensity of CO2 emissions from its drilling operations by 50% by 2030. The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced CO2 emissions.
Maersk Drilling has entered an agreement with the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. For Maersk Drilling, this is one of several opportunities being pursued in order to help the company’s customers move towards carbon-neutral drilling.
Maersk Drilling is joining a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea. The consortium is 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.