TotalEnergies has won a new licence to explore large-scale CO₂ storage in the Danish North Sea. The Inez licence authorises the company to assess the potential for underground storage in a defined offshore area west of Denmark. TotalEnergies will act as operator with a 65% stake, alongside Mitsui and the Danish state-owned Nordsøfonden.
New CO₂ storage licence awarded
The Inez licence covers around 1,050 square kilometres. It is located about 55 kilometres west of Vorupør on Denmark’s west coast. The area contains a saline aquifer in a sandstone formation.
The site could potentially store up to 10 million tonnes of CO₂ per year from 2035. This would support Denmark and the EU in meeting climate targets. The storage potential will be assessed through technical studies, including drilling a new well to a depth of approximately 1,800 metres below the seabed.
Ownership and role
TotalEnergies will operate the licence. Mitsui holds a 15% share. Nordsøfonden holds 20%.
According to TotalEnergies Denmark, the licence is part of a broader strategy to develop carbon capture and storage solutions for industries where emissions are difficult to reduce, such as cement, steel, and waste treatment.
Part of the broader North Sea portfolio
The company already holds two CO₂ storage licences in the Danish North Sea under the Bifrost project. These include the Dagny and Harald areas.
TotalEnergies says it aims to build a robust offshore CO₂ storage portfolio from 2030 and scale up as demand grows. The company also points to experience from projects in Norway, the Netherlands and the UK.