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Northern Endurance Partnership Launches the First CCS Project in the UK With the Participation of TotalEnergies

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TotalEnergies announces participation in the UK's first Carbon Capture and Storage (CCS) project through the Northern Endurance Partnership (NEP), where it holds a 10% stake. The project will store up to 4 million tonnes of CO2 annually, serving three carbon capture projects in the Teesside region. The infrastructure includes an onshore CO2 gathering network, compression facilities, and a 145 km offshore pipeline connected to subsea injection facilities in the Endurance saline aquifer.

Construction is scheduled to begin in mid-2025, with first CO2 storage expected in 2028. The project aims to support the UK's net zero emissions target by 2050 and will contribute to TotalEnergies' objective of developing significant CO2 storage capacities in the North Sea.

TotalEnergies annuncia la partecipazione al primo progetto di cattura e stoccaggio del carbonio (CCS) nel Regno Unito attraverso il Northern Endurance Partnership (NEP), di cui detiene una partecipazione del 10%. Il progetto immagazzinerà fino a 4 milioni di tonnellate di CO2 all'anno, servendo tre progetti di cattura del carbonio nella regione di Teesside. L'infrastruttura include una rete di raccolta di CO2 onshore, impianti di compressione e un gasdotto offshore di 145 km collegato a strutture di iniezione sottomarine nell'acquifero salino di Endurance.

La costruzione è prevista per metà 2025, con il primo stoccaggio di CO2 atteso nel 2028. Il progetto ha l'obiettivo di supportare la centrale del Regno Unito per le emissioni nette zero entro il 2050 e contribuirà all'obiettivo di TotalEnergies di sviluppare capacità significative di stoccaggio di CO2 nel Mare del Nord.

TotalEnergies anuncia su participación en el primer proyecto de captura y almacenamiento de carbono (CCS) en el Reino Unido a través de la Northern Endurance Partnership (NEP), donde posee una participación del 10%. El proyecto almacenará hasta 4 millones de toneladas de CO2 anualmente, sirviendo a tres proyectos de captura de carbono en la región de Teesside. La infraestructura incluye una red de recolección de CO2 en tierra, instalaciones de compresión y un oleoducto marino de 145 km conectado a instalaciones de inyección submarina en el acuífero salino de Endurance.

La construcción está programada para comenzar a mediados de 2025, con el primer almacenamiento de CO2 previsto para 2028. El proyecto tiene como objetivo apoyar la meta de emisiones netas cero del Reino Unido para 2050 y contribuir al objetivo de TotalEnergies de desarrollar capacidades significativas de almacenamiento de CO2 en el Mar del Norte.

TotalEnergiesNorthern Endurance Partnership (NEP)을 통해 영국의 첫 탄소 포집 및 저장(CCS) 프로젝트에 참여한다고 발표했습니다. 회사는 10%의 지분을 보유하고 있습니다. 이 프로젝트는 테스사이드 지역에서 세 개의 탄소 포집 프로젝트에 서비스를 제공하면서 연간 최대 400만 톤의 CO2를 저장할 것입니다. 인프라에는 육상 CO2 수집 네트워크, 압축 시설, 그리고 Endurance 염수 대수층에 연결된 145km의 해저 파이프라인이 포함됩니다.

건설은 2025년 중반에 시작될 예정이며, 첫 번째 CO2 저장은 2028년에 예상됩니다. 이 프로젝트는 영국의 2050년까지의 탄소 중립 목표를 지원하고 TotalEnergies의 북해에서의 상당한 CO2 저장 용량 개발 목표에 기여할 것입니다.

TotalEnergies annonce sa participation au premier projet de capture et de stockage de carbone (CCS) au Royaume-Uni à travers le Northern Endurance Partnership (NEP), dont il détient une participation de 10%. Le projet stockera jusqu'à 4 millions de tonnes de CO2 par an, desservant trois projets de capture de carbone dans la région de Teesside. L'infrastructure comprend un réseau de collecte de CO2 à terre, des installations de compression et un pipeline offshore de 145 km connecté à des installations d'injection sous-marines dans l'aquifère salin Endurance.

La construction devrait commencer mi-2025, avec un premier stockage de CO2 prévu pour 2028. Le projet vise à soutenir l'objectif de zéro émission nette du Royaume-Uni d'ici 2050 et contribuera à l'objectif de TotalEnergies de développer des capacités significatives de stockage de CO2 en mer du Nord.

TotalEnergies kündigt die Teilnahme am ersten Projekt zur Kohlenstoffabscheidung und -speicherung (CCS) im Vereinigten Königreich durch die Northern Endurance Partnership (NEP) an, an dem es mit 10% beteiligt ist. Das Projekt wird jährlich bis zu 4 Millionen Tonnen CO2 speichern und drei Projekte zur Kohlenstoffabscheidung in der Region Teesside versorgen. Die Infrastruktur umfasst ein onshore CO2-Sammelsystem, Druckeinrichtungen und eine 145 km lange Offshore-Pipeline, die mit Unterseeinjektionsanlagen im Endurance-Salin aquifer verbunden ist.

Der Bau ist für Mitte 2025 geplant, wobei die erste CO2-Speicherung für 2028 erwartet wird. Das Projekt zielt darauf ab, das Ziel des Vereinigten Königreichs für netto null Emissionen bis 2050 zu unterstützen und wird zum Ziel von TotalEnergies beitragen, bedeutende CO2-Speicherkapazitäten in der Nordsee zu entwickeln.

Positive
  • First mover advantage in UK's CCS infrastructure development
  • Secured financial close for project execution
  • Initial storage capacity of 4 million tonnes CO2 per year
  • Government backing enhances project stability
Negative
  • Project operations won't start until 2028
  • 10% ownership stake in the project

Insights

The launch of UK's first Carbon Capture and Storage (CCS) project through the Northern Endurance Partnership marks a significant milestone in industrial decarbonization. The 4 million tonnes per year CO2 storage capacity represents a substantial advancement in carbon reduction infrastructure. The project's comprehensive scope, including a 145 km offshore pipeline and underwater storage facilities, demonstrates robust technical planning. The 2028 operational timeline aligns with growing market demand for carbon storage solutions. TotalEnergies' 10% stake positions them strategically in the emerging CCS market, particularly valuable given their existing North Sea expertise. This infrastructure investment significantly enhances the UK's position in the global carbon capture market while supporting industrial decarbonization efforts in the Teesside region.

This project represents a strategic expansion of TotalEnergies' carbon neutrality portfolio, strengthening their position in the growing CCS market. The financial close signals strong investor confidence and government support, reducing project execution risks. While the 10% ownership stake is modest, it provides TotalEnergies with valuable operational experience and market positioning in the UK's emerging CCS sector. The project's ability to serve multiple industrial customers through three carbon capture projects ensures steady revenue streams. The government backing and alignment with UK's net-zero targets provide regulatory certainty and potential for future expansion. This investment enhances TotalEnergies' ESG profile while creating new revenue opportunities in the carbon storage market.

PARIS--(BUSINESS WIRE)-- Regulatory News:

Northern Endurance Partnership (NEP) announced today financial close, allowing to proceed with the execution of the first CCS project in the UK. NEP, in which TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) holds a 10% shareholding interest, will permanently store up to an initial 4 million tonnes of CO2 per year.

The NEP infrastructure will initially serve three carbon capture projects in the Teesside region (NZT Power, H2Teesside and Teesside Hydrogen CO2 Capture). Infrastructure includes an onshore CO2 gathering network, compression facilities and a 145 km offshore pipeline connected to subsea injection facilities in the Endurance saline aquifer located around 1,000m below the seabed.

Construction is expected to start from mid-2025 with first CO2 storage expected in 2028.

Arnaud Le Foll, Senior Vice President New Business – Carbon Neutrality, TotalEnergies, said: “We are very pleased to be a part of this significant moment in the development of the UK’s CCS industry. NEP is a frontrunner project and we look forward to transporting and permanently storing CO2 from one of the UK’s largest industrial regions. Our stake in NEP contributes to TotalEnergies’ objective to develop significant CO2 storage capacities in the North Sea, where we can leverage our expertise in operations and geosciences.”

Chris Daykin, Director, Northern Endurance Partnership, said: “This is a landmark moment in the development of CCUS infrastructure and the UK’s ambition to reach net zero emissions by 2050. With joint backing from shareholders and the UK Government, Northern Endurance Partnership is entering its execution phase ahead of start-up expected in 2028.”

Ed Miliband, Secretary of State for Energy Security and Net Zero, said: “This investment launches a new era for clean energy in Britain - boosting energy security, backing industries, and supporting thousands of highly skilled jobs in Teesside and the North East. This is the Government’s mission to make the UK a clean energy superpower in action- replacing Britain’s energy insecurity with homegrown clean power that rebuilds the strength of our industrial heartlands.”

***

About Northern Endurance Partnership (NEP)
NEP is the CO2 transportation and storage provider for the East Coast Cluster (ECC). The NEP infrastructure will initially serve the Teesside-based carbon capture projects – NZT Power, H2Teesside and Teesside Hydrogen CO2 Capture – that were selected for first connection to NEP by Department of Energy Security and Net Zero (DESNZ) in March 2023 as part of the UK’s cluster sequencing process for carbon capture usage and storage (CCUS).
NEP has been granted the first Carbon Dioxide Transport and Storage Licence in the UK under the Transportation and storage Regulatory Investment (TRI) regime – a regulatory regime that unlocks private investment in long-term infrastructure by providing incentives and protections in developing a nascent CCUS market in the UK.
NEP has also been granted a CO2 Storage Permit by the North Sea Transition Authority which will enable CO2 injection and storage to commence when the infrastructure is complete.
bp (45%), Equinor (45%), and TotalEnergies (10%) are NEP shareholders.

About TotalEnergies and Carbon Storage
TotalEnergies’ focus is first to avoid emissions and then to reduce them by developing and deploying a systematic approach, asset-by-asset, to implement the best available technologies. For residual emissions, the Company is developing industrial projects for carbon storage. Backed by core competencies in large-scale project management, gas processing and geosciences, TotalEnergies is on track to enable significant decarbonization of hard-to-abate industrial businesses through projects such as Northern Lights in Norway, Norther Endurance Partnership in the UK, Bayou-Bend in the US, Aramis in the Netherlands and Bifrost in Denmark.

About TotalEnergies in the United Kingdom
TotalEnergies has been present in the UK for more than 60 years, employing more than 1,800 people across the energy value chain. As one of the country’s leading oil and gas operators, the Company operates around 30% of the UK Continental Shelf’s gas production, with average daily production of 142,000 barrels of oil equivalent per day (boe/d) in 2023 in company share.
TotalEnergies is deploying its Integrated Power strategy in the UK, which combines renewable power production and flexible power generation capacities. Its renewable portfolio in the county includes 1.1 GW of gross installed capacity (Seagreen offshore wind farm) and 4.5 GW under development. It was complemented in 2024 by the acquisition of gas-fired power plants (CCGT) with total output of 1.3 GW.
The Company is one of the UK’s largest suppliers of gas and electricity to businesses and the public sector. TotalEnergies also offers EV charging solutions and markets petroleum products including lubricants, aviation fuel, bitumen and specialty fluids.

About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TotalEnergies SE

FAQ

When will TotalEnergies (TTE) begin CO2 storage operations in the Northern Endurance Partnership project?

TotalEnergies expects to begin CO2 storage operations through the Northern Endurance Partnership project in 2028.

What is TotalEnergies' (TTE) ownership stake in the Northern Endurance Partnership?

TotalEnergies holds a 10% shareholding interest in the Northern Endurance Partnership.

How much CO2 will the Northern Endurance Partnership store annually with TotalEnergies (TTE)?

The project will have the capacity to store up to 4 million tonnes of CO2 per year initially.

When will construction begin on TotalEnergies' (TTE) UK CCS project?

Construction of the Northern Endurance Partnership project is expected to start from mid-2025.

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