1.0Westwoodhttps://www.westwoodenergy.comWestwood Insight – The UK’s 1st Carbon Storage Licence Round - Westwoodrich600338<blockquote class="wp-embedded-content" data-secret="qkHkIQ4bSl"><a href="https://www.westwoodenergy.com/news/westwood-insight/westwood-insight-the-uks-1st-carbon-storage-licence-round">Westwood Insight – The UK’s 1st Carbon Storage Licence Round</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.westwoodenergy.com/news/westwood-insight/westwood-insight-the-uks-1st-carbon-storage-licence-round/embed#?secret=qkHkIQ4bSl" width="600" height="338" title="“Westwood Insight – The UK’s 1st Carbon Storage Licence Round” — Westwood" data-secret="qkHkIQ4bSl" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.westwoodenergy.com/wp-content/uploads/2023/05/Carbon-Storage-Landing-Header-Image-scaled.jpg2560854On 18 May 2023, the North Sea Transition Authority (NSTA) announced the preliminary results of the UK’s 1st Carbon Storage Licensing Round with the offer of awards for 20 carbon storage licences to 12 companies. Westwood has reviewed each of the licences offered to identify the potential storage targets in depleted hydrocarbon reservoirs and saline aquifers.