IN BRIEF: Synergia starts farm out process of UK carbon storage centre

Synergia Energy Ltd - Oil and Gas exploration company headquartered in West Perth - Announces on ...

Alliance News 28 May, 2024 | 7:20PM
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Synergia Energy Ltd - Oil and Gas exploration company headquartered in West Perth - Announces on Tuesday that it has begun a farm out process of its interest at the UK Medway Hub Camelot CCS project. Synergia and partner Wintershall Dea AG each own 50% of the Camelot carbon storage centre in the Southern North Sea. The centre is projected to store between 70 and 100 million tonnes of CO2. Synergia is offering up to 50% of its stake to interested parties.

Current share price: 0.11 pence

12-month change: down 19%

By Aidan Lane, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Synergia Energy Ltd 0.11 GBX 0.00 -

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