Scottish Startup Secures Pioneering North Sea Deal for Full-Scale Carbon Storage Facility, in European First

­The Carbon Removers have signed a breakthrough deal to sequester 50 000 tonnes of CO2 permanently in a depleted oil field, 1,800 metres below the North Sea seabed.

This is part of Greensand Future, the EU’s first operational CO₂ storage facility intended to mitigate climate change, operated by INEOS. Greensand Future aims to safely capture and permanently store 400.000 tons of CO₂ each year from the end of 2025, with a potential to store up to 8.000.000 tons of CO₂ per annum.

Richard Nimmons, CEO of The Carbon Removers, says “We believe the North Sea has a huge role to play in helping Europe achieve its Net Zero target. We’re delighted to be the first UK company to partner with Greensand Future operators, who share our ethos of finding practical ways to address emissions today, not in the distant future.”

The deal will help The Carbon Removers scale up its offering of high quality, permanent carbon removal credits, to offer real, practical solutions to decarbonization targets and accelerate the transition to Net Zero.

This comes after the first minister of Scotland John Swinney visited The Carbon Removers on site in Dumfries this week. John Swinney said: " It is inspiring to see companies like The Carbon Removers leading the way in delivering permanent carbon solutions.” His visit was a strong signal of Scotland’s support for local climate innovators such as The Carbon Removers.