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Orsted and BP settle row over North Sea wind power and carbon ... - Recharge

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Orsted and BP settle row over North Sea wind power and carbon storage mega-projects | Recharge

Orsted and BP have reached a deal to end a standoff over North Sea acreage between two of the UK’s biggest energy transition projects.

The two companies have reached a “commercial agreement” that means BP will withdraw previous objections to government consent for Orsted’s 2.6GW Hornsea 4 offshore wind farm, said a letter published by Britain’s National Infrastructure planning authority.

The multi-year row had centred on a 110 square km overlap zone between Hornsea 4 and BP-led plans for a huge subsea CO2 storage facility off northeast England under the Northern Endurance Partnership(NEP) that also includes a clutch of other oil & gas majors and forms part of the East Coast Cluster plan to decarbonise heavy industry.

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