Stanlow Terminals, Spirit Energy, and Progressive Energy form collaboration for CO2 infrastructure development

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 storage, representing a strategic move towards decarbonizing industrial emissions in the region. This initiative is significant as it combines a terminal operator with an energy transition focus (Essar/Stanlow), an oil and gas company leveraging its assets for storage (Spirit Energy), and a specialist decarbonization project developer (Progressive Energy) to create a comprehensive solution for hard-to-abate industrial sectors. The deal is notable for its focus on establishing a full-chain carbon capture and storage (CCS) solution, from industrial capture points to offshore geological storage. While the value is undisclosed and the project is in its feasibility and development planning stage, the involvement of multiple established entities, including HES International as a global bulk handling company, underscores the potential scale and logistical complexity of the proposed infrastructure. This collaboration highlights the growing trend of cross-industry partnerships essential for de-risking and accelerating the deployment of large-scale CCS projects, which are critical for the UK to achieve its net-zero targets.