Petrofac Builds Direct Air Capture into its Net Zero plan
Leading international service provider to the energy sectors Petrofac announced that it has become the first company to sign a Memorandum of Understanding as a customer for Storegga’s proposed UK-based, large scale Direct Air Captur facility. Petrofac has committed to purchase the permanent removal of carbon dioxide from the atmosphere at the facility, delivering a key tool to supplement existing decarbonisation initiatives in support of its Net Zero goals.
Storegga and its partner, Carbon Engineering, a leading DAC provider and developer of the technology, have commenced preliminary engineering and design of the proposed UK facility. Under its Technical Delivery Alliance with Storegga, Petrofac is supporting this Pre-Front End Engineering and Design phase.
The facility aims to permanently remove one million tonnes of carbon dioxide from the atmosphere annually. Targeted for North-East Scotland, the proposed facility will be the first large-scale facility of its kind in Europe. The partners are targeting first operations for 2026.
DAC technology, when combined with secure geological storage, delivers the permanent and verifiable removal of carbon dioxide from the air, reversing the emissions process. DAC is a high quality, technological solution for greenhouse gas removal that can be scaled to meet demand, with very low land and water use. For sectors of the economy that are currently challenging to decarbonise directly, such as aviation, shipping, and oil and gas, this form of greenhouse gas removal provides an effective way to address their carbon footprint and achieve net zero targets. It also delivers a mechanism to eliminate emissions from the past, and as a tool towards achieving full climate restoration.