Halliburton Wins Contract for Northern Endurance Partnership Carbon Capture and Storage Monitoring

Halliburton has been awarded a contract by the Northern Endurance Partnership to provide completions and downhole monitoring services for their carbon capture and storage system in northeast England's East Coast Cluster. The company will manufacture and deliver equipment from their UK facility and expects to expand their completions activity with this project, showcasing their leadership in CCS projects.

Houston, TX - Halliburton (NYSE: HAL) has announced a significant contract award to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC). The project, which is part of the NEP’s infrastructure, aims to transport and permanently store up to 4 million tonnes/year of CO2 [1].

Halliburton will manufacture and deliver the majority of the equipment required for this project from its U.K. completion manufacturing facility in Arbroath. The facility, which has been supporting North Sea operations for over 50 years, provides on-site product development and testing resources alongside advanced manufacturing capabilities [1].

Jean-Marc Lopez, senior vice president of Europe, Eurasia, and Sub-Saharan Africa region at Halliburton, expressed his enthusiasm for the project, stating, “Halliburton is pleased to develop and deliver innovative well completions and monitoring solutions for this groundbreaking carbon storage project. This project allows expansion of our completions activity and showcases Halliburton’s leadership in CCS projects. We look forward to the opportunity to deliver our services to support the NEP project” [1].

The NEP infrastructure includes a CO2 gathering network, onshore compression facilities, a 145-km offshore pipeline, and subsea injection and monitoring systems for the Endurance saline aquifer, located around 1000 m below the seabed. The infrastructure will transport and permanently store up to an initial 4 million tonnes/yr of CO2 [1].

NEP is a joint venture that includes bp, Equinor, and TotalEnergies. It was formed in 2020 as the ECC CO2 transportation and storage provider, which will transport and store CO2 emissions from the Teesside and Humber regional industrial clusters [1].

This contract award is expected to boost Halliburton’s completions activity and further cement its position as a leader in the CCS sector. The company’s ability to deliver innovative solutions and manufacture equipment locally will be crucial to the success of this project [1].

References:
[1] https://www.stocktitan.net/news/HAL/northern-endurance-partnership-awards-halliburton-contract-for-2wdqfv90y13x.html