MOSCOW (MRC) -- BP has issued the first front-end engineering and design (FEED) contracts covering the Net Zero Teesside Power (NZT Power) project and the Northern Endurance Partnership’s carbon compression infrastructure, said the company.
With up to 860 MW of capacity, NZT Power is the world’s first commercial scale gas-fired power station with carbon capture, and is being developed as a joint venture between BP and Equinor, with BP leading as operator. It will share CO2 transport and storage infrastructure with the Northern Endurance Partnership (NEP) – a group comprised of BP, Eni, Equinor, National Grid, Shell and TotalEnergies – which will gather and compress CO2 from NZT Power and other regional sources and export it offshore sub-surface storage in the Endurance carbon store.
The infrastructure forms a major component of the East Coast Cluster scheme to decarbonise industrial emissions around the Humber and Teesside. One FEED consortium is led by Technip Energies alongside General Electric, with Shell as a subcontractor for the provision of the licensed Cansolv CO2 capture technology and Balfour Beatty as the nominated construction partner.
Another is led by Aker Solutions, alongside Doosan Babcock and Siemens Energy, with Aker Carbon Capture as a subcontractor for the provision of licensed CO2 capture technology. The two groups will now design and submit development plans for the proposed power station and carbon capture plant, and NEP’s compression and export facilities.
Each will each deliver a comprehensive FEED package, led from their UK offices, over the next 12 months. Following the completion of the FEED process, the two consortia will then submit engineering, procurement and construction (EPC) proposals for the execution phase.
As part of the final investment decision (FID) expected in 2023, a single group will then be selected to take the project forward into construction, BP confirmed.
As per MRC, BP acquired US shale assets from BHP Billiton for USD10.5 billion in the largest deal since the 1999 acquisition of Atlantic Richfield oil company. British oil and gas company BP bought US shale assets owned by mining company BHP Billiton.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,047,100 tonnes in the first ten months of 2021, up by 17% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,226,530 tonnes in January-October 2021, up by 26% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding stat-copolymers of propylene (PP random copolymers) decreased significantly.
BP is a British oil and gas company, one of the largest oil and gas companies in the world, headquartered in London. The company is engaged in oil and gas production. BP owns refining and petrochemical facilities, a network of filling stations, and produces oils under the Castrol brand. BP operates in over 80 countries. The total staff is about 86 thousand people.
MRC