Wednesday, February 4, 2026
INEOS-led Greensand to become first full-scale carbon storage facility in EU- oil and gas 360

INEOS-led Greensand to become first full-scale carbon storage facility in EU

(World Oil) – INEOS with its partners Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) on the first commercial phase of Project Greensand, with storage operations set to begin at the end of 2025/early 2026. This decision paves the way for expected investments of more than $150 million across the Greensand CCS value chain. As the first