The Minister for Climate, Energy and Utilities has awarded the Inez-licence (licence 2026-01), which is located in the sea west of Northern Jutland in the nearshore area of the North Sea. The licence area was part of the fourth licensing round for CO₂ storage.
The licence has been awarded to TotalEnergies and Mitsui, and Nordsøfonden participates in the licence with a 20 per cent share. Exploration work will now commence and will assess the potential of the subsurface in the area. If, based on the exploration work, the licence partners assess the area as suitable for CO₂ storage, the licence partners may apply to the Danish Energy Agency for permission to store CO₂ in the area.
With this licence, Nordsøfonden now holds a total of eight licences for exploration and use of the subsurface for geological storage of CO₂, of which one licence has been given the green light to commence CO₂ storage. Licence 2026-01 is the first to be awarded in a nearshore area. In addition, there are three offshore licences and four onshore licences.
“We are pleased to become a partner in yet another licence that will explore the possibilities for storing CO₂ in Denmark. As the state’s subsurface company, we have, among other things, a shared responsibility for developing Denmark’s efforts in CO₂ storage in our subsurface. We do this, among other ways, by working purposefully together with our respective partners to clarify the potential in the total of eight licences in which we participate. We look forward to working together with TotalEnergies and Mitsui on Inez,” says Adrian Lübbert, CEO of Nordsøfonden.
Read the press release from the Danish Energy Agency (Danish version only)