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HBR Harbour Energy Plc

287.70
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Harbour Energy Plc LSE:HBR London Ordinary Share GB00BMBVGQ36 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 287.70 287.30 288.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Storegga, Shell, Harbour Energy Sign Deal to Develop Acorn CCS, Hydrogen Project

16/04/2021 8:12am

Dow Jones News


Harbour Energy (LSE:HBR)
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From May 2019 to May 2024

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By Jaime Llinares Taboada

 

Storegga Geotechnologies, Royal Dutch Shell PLC and Harbour Energy PLC said Friday they have signed an agreement for the development of the Acorn CCS and hydrogen project in Scotland.

The companies said they have become equal partners and will develop the carbon-capture and hydrogen project through to final investment decision, construction, operation and beyond.

Acorn is expected to be storing at least 5 million metric tons a year of carbon dioxide by 2030, half the emissions set out in the U.K. Government's targets for 2030.

In addition, Acorn could be reforming North Sea natural gas into hydrogen by the middle of the decade, with associated emissions being captured and stored under the sea.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

April 16, 2021 02:57 ET (06:57 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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