Uniper Picks SLB Capturi For 1.38 GW Carbon Capture Power Project In UK
Uniper selected SLB Capturi for its Connah’s Quay Low Carbon Power project in the UK, using amine-based carbon capture technology for a plant of up to 1.38 GW. The two-phase project could enter service in 2030 and is subject to consent and a final investment decision. Uniper also named Worley as preferred EPC contractor.
How this was made
The 30-second read
Why it matters
The article discloses a technology selection (amine-based capture) and a preferred EPC contractor, but it also highlights that development consent and final investment decision are still required.
Market read
A CCS project-selection update that increases specificity for the UK buildout, but pending approvals likely limit immediate financial impact.
What to watch
Traders may be over-weighting the “up to 1.38 GW” headline; without disclosed capex, contract value, or binding scope, the market may treat this as optionality rather than a booked order.
Background
Uniper is pursuing flexible, lower-carbon gas-fired generation in the UK, and the Connah’s Quay site is linked to the HyNet CCS cluster.
Ticker impact
SLB Capturi was selected by Uniper for an amine-based carbon capture system for a proposed up to 1.38 GW UK power plant.
Near-term impact likely limited unless follow-on milestones (consent, FID, EPC scope) are announced; longer-dated optionality for carbon capture demand.
The article is a contract-selection announcement, but it does not disclose financial terms or binding commitment, and it explicitly notes remaining regulatory and investment hurdles.
Market effects
Supports continued UK carbon capture and storage buildout momentum, potentially improving visibility for amine-based capture vendors and EPC supply chains.
Reinforces HyNet cluster development at Connah’s Quay, with CO2 transport and storage planned in depleted offshore gas reservoirs.
Adds another megascale gas-fired capture project concept, which can influence investor sentiment around CCS commercialization timelines in Europe.
Counterpoint
Because the project remains subject to development consent and a final investment decision, the selection may not translate into near-term revenue or earnings for the selected technology provider.
Key entities
- companyUniper
Selected SLB Capturi for carbon capture technology and named Worley as preferred EPC for the Connah’s Quay Low Carbon Power project.
- companySLB Capturi
Chosen to supply its amine-based Big Catch system for CO2 removal from the proposed power plant exhaust.
- companyWorley
Named as preferred engineering, procurement and construction contractor for the project.
- initiativeHyNet cluster
UK CCS cluster where Connah’s Quay is designated a priority project, with CO2 planned for transport and permanent storage.
