Global Infrastructure SherpaStanlow Terminals, Spirit Energy, and Progressive Energy form collaboration for CO2 infrastructure development
development
Stage
Stanlow Terminals Limited, a subsidiary of Essar Energy Transition, has entered into a collaboration agreement with Spirit Energy and Progressive Energy Limited to explore the feasibility and development planning of a new, integrated carbon capture, storage, and shipping facility at the Port of Live...
Counterparts (5)
Partner
Progressive Energy
Progressive Energy is a UK-based company focused on developing decarbonisation projects, particularl...
Stanlow Terminals Limited
Stanlow Terminals Limited operates the largest independent bulk liquid storage terminal in the UK, p...
Essar Energy Transition
Essar Energy Transition focuses on investing in and developing projects related to energy transition...
HES International
HES International is an independent global bulk handling company, operating a network of terminals a...
S
Spirit Energy
Spirit Energy is an oil and gas company focused on exploration and production in the North Sea regio...
Deal Analysis
This announced collaboration agreement brings together Stanlow Terminals (a subsidiary of Essar Energy Transition), Spirit Energy, and Progressive Energy Limited to explore and plan integrated CO2 infrastructure at the Port of Liverpool and Stanlow, connecting to Spirit Energy’s Morecambe Net Zero carbon store in the UK. The partnership aims to develop facilities for carbon capture, shipping, and ...
- Development of integrated CO2 capture, shipping, and storage infrastructure.
- Partnership between industrial terminal operator (Stanlow/Essar), offshore storage provider (Spirit Energy), and decarbonization developer (Progressive Energy).
- Strategic location connecting Port of Liverpool/Stanlow industrial cluster to the Morecambe Net Zero carbon store in the UK.
- Early-stage commitment focused on feasibility and development planning.
Timeline
Announced
Feb 23, 2026
Signed
Closed