About the project
The project is an initiative of Abeona CCS Storage B.V. (hereafter: Abeona Storage), part of the Petrogas Group. It focuses on redeveloping the depleted offshore oil fields Helm and Helder into a CO₂ storage site. It will also be investigated if a temporarily decommissioned oil pipeline will be repurposed for the transport of CO₂.
By choosing a geologically stable and well-known storage location and reusing the existing pipeline, Abeona offers a fast and scalable solution. At the same time, the impact on space, both onshore and in the North Sea, remains limited.
The realization of the project contributes to the development of CO₂ storage capacity and new CO₂ infrastructure in the Netherlands. Through the Abeona project, captured CO₂ from the North Sea Canal Area and also other regions can be transported safely and cost-efficiently to the intended storage location. This enables Dutch industry to decarbonize more rapidly.
The project is named after the Roman goddess of outward journeys and transition: Abeona. Her name is derived from the Latin “abeo,” meaning “to depart or go forth.” The name symbolizes the controlled removal of CO₂ and the transition to a more sustainable society.
The project will deliver at least 30 million tonnes (Mt) of CO₂ storage capacity in the short term. This capacity can increase to a maximum of 50 Mt. For comparison: this corresponds to the CO₂ emissions of 1.5 to 2.5 million households in a year.
The Abeona transport system will be available on an open-access basis. This means that the CO₂ pipeline and storage site will be accessible to multiple market parties.
Capacity
Open access
Start of project
The project is expected to start in late 2030.
The role of CCS technology in climate policy
Carbon Capture and Storage (CCS) involves capturing, transporting, and safely storing CO₂ in deep underground formations. Both the Dutch and the EU government regard CCS as an important technology for achieving climate neutrality by 2050.
The project therefore aligns with national policy and the European Net-Zero Industry Act (NZIA). This legislation sets a target of 50 million tonnes of CO₂ storage per year by 2030.