Storegga Geotechnologies

UK-based Storegga Geotechnologies (Storegga) provides carbon capture and storage (CCS) solutions for energy-intensive sectors such as petrochemicals, agriculture, and airlines. In July 2020, Storegga acquired Pale Blue Dot Energy (PBDE), through which the company became the lead developer of the Acorn CCS Project (the UK’s first large-scale carbon capture project). In August 2022, Storegga launched a new entity “Storegga Americas” to explore clean fuel opportunities and to scale up its operations across the US, Canada, Latin America, and the Caribbean.

Key customers and partnerships

In June 2021, Storegga partnered with Carbon Engineering, a Canadian direct air capture (DAC) startup, to initiate engineering and designing a new facility in North East Scotland, which could remove between 500,000 and one million metric tons of CO2 from the atmosphere annually. The project was backed by a UK government grant of GBP 249,000 received in May 2021. In July 2021, Acorn CCS signed a memorandum of understanding (MoU) with SEGAL and FUKA gas terminals to capture carbon dioxide (CO2) from its operations. The two gas terminals will become the first customers for Acorn CCS. In August 2021, Storegga signed an MoU with Virgin Atlantic to secure the airline as an early customer. 

In March 2022, Storegga partnered with Mitsui to commercialize its proprietary DAC technology. In June 2022, the company signed an MoU with Aker Carbon Capture to deploy CCS projects in the UK. Other partners include Sval Energi, Talos Energy, Freeport LNG and ScottishPower.

In August 2023, Storegga together with Sval Energi, a Norwegian energy provider, and Neptune Energy, a UK-based oil and gas explorer, secured their previously applied CO2 storage license to develop the Trudvang CCS project in the Norwegian North Sea. In October 2023, the company signed an MOU with Svante to develop CCUS projects by combining Svante's carbon capture and removal filter technology and Storegga's CO2 transportation and storage expertise. In August 2024, the company partnered with PETRONAS and ADNOC to evaluate offshore CO2 storage capabilities in Malaysia.