Skip to main content

Clifford Chance
Carbon Capture and Storage (CCS)<br />

Carbon Capture and Storage (CCS)

An emerging technology transforming the energy landscape

Carbon capture and storage (CCS) has the potential to be deployed across the energy system and plays a critical role in decarbonising industrial processes where emissions cannot be abated by other means.

In addition to capturing CO₂ from fuel combustion and industrial activities, carbon removal technologies can also extract CO₂ directly from the atmosphere through direct air capture (DAC). The International Energy Agency has emphasised that both CCS and DAC will be essential to limiting global warming to two degrees Celsius.

We are currently advising on a number of pathfinder CCS and DAC projects worldwide, drawing on our integrated oil and gas, power and regulatory expertise to support clients in bringing these important, precedent‑setting transactions to market. 

promo-energy-transition-1000x600 (002)

WEBINAR: Energy Transition Perspectives Series: Carbon Capture and Storage in APAC and the Middle East

Investors are focusing on opportunities in the carbon capture and storage (CCS) sector as the market develops. The desire to enhance the value of existing facilities, secure financing for new projects and create sustainable fuels and materials will drive demand for CCS providers and infrastructure. In this webinar, we looked at CCS in APAC and the Middle East, including the financial incentives available, regulatory frameworks and key issues to consider when investing in the sector.

Watch

Recent client highlights

  • ExxonMobil low-carbon H2 and ammonia facility, Texas: advising ExxonMobil on its carbon capture and sequestration agreement in connection with its partnership with ADNOC for a proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. Upon completion, this will be the world's largest low-carbon hydrogen facility and will leverage advanced carbon capture and storage technologies to reduce emissions associated with hydrogen production. North America Energy Transition Deal of the Year, IJGlobal Investor Awards 2025
  • Northern Lights CCS, North Sea: advising on the Northern Lights CCS project in northern Europe being developed by Equinor, Shell and Total, including development of transportation and storage agreements.
  • ADNOC blue ammonia, UAE: advising ADNOC on all the construction and process technology agreements relating to the full value chain development of a blue ammonia project in Abu Dhabi, spanning the hydrogen production, CO2 capture and ammonia synthesis facilities.
  • ExxonMobil NG3 CCS project: advising ExxonMobil on its agreement with the New Generation Gas Gathering (NG3) project to transport and store up to 1.2 million metric tons a year of CO2 from NG3’s planned facility in Louisiana.
  • Blue ammonia supply, Singapore: advising a US supplier in connection with a blue ammonia supply agreement to an offtaker in Singapore.

 

  • Aramis CCS project, the Netherlands: advising the consortium in relation to the Aramis CO2 transport and storage project in the Netherlands, including development of the transportation and services agreement for the project – the first commercial scale carbon capture and storage project in the EU
  • ExxonMobil AtmosClear CO2 transport, US: advised ExxonMobil on its agreement with AtmosClear BR, LLC, a portfolio company of Fidelis, to transport and permanently store up to 680,000 metric tons per annum of biogenic CO2 from AtmosClear's biomass energy with carbon capture (BECCS) facility in the Port of Greater Baton Rouge in Louisiana.
  • Track 1 NW emitter project, UK: advising an investor into the UK CCS Track 1 NW emitter project.
  • Chevron BECCS, California: advising Chevron U.S.A. in connection with the deployment and ongoing financing of a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California.
  • TotalEnergies CCUS, US: advising TotalEnergies in the sale of a portion of its CCUS business.

 
  • Climeworks, Iceland: advised Climeworks on the financing and development of the Orca carbon dioxide Direct Air Capture project in Iceland. We also advised Partners Group on its investment in Climeworks, as co-lead in a CHF 600 million fundraising round with GIC.
  • ExxonMobil Baytown Energy Centre CCS, Texas: advising ExxonMobil on its agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston, Texas.
  • CCS regulatory framework, Greece: advising Titan, Motoroil, Heracles G.C.C./Lafarge and HelleniQ Energy, the four largest Greek emitters, on the proposed CCS regulatory framework in Greece.
  • CarbonConnect, Europe: advising on CO2 transport infrastructure in Northwest Europe, on its inclusion in the upcoming PCI/PMI list and on UK and EU ETS discrepancies.
  • ExxonMobil CCS, Mississippi: advising ExxonMobil Low Carbon Solutions on its carbon capture and storage agreement with Illinois-based CF Industries to transport and permanently store up to 500,000 metric tons per year of CO2 from CF Industries’ complex in Yazoo City, Mississippi.

Related services

  • Share on Twitter
  • Share on LinkedIn
  • Share via email
Back to top