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Carbon Capture Storage hero image

Carbon Capture and Storage

Allen & Overy is at the forefront of this developing climate change technology, advising on carbon capture and storage matters. Our global projects team work with a mix of clients across corporates, financial institutions, multi-laterals, NGOs and governments. 

We are intricately familiar with the technology, the issues from both a sponsor’s and a lender’s perspective and, importantly, the solutions that will ensure that a bankable financing is delivered.

As global energy markets shifts focus towards reducing greenhouse gas emissions and creating renewable energy sources, power developers and energy suppliers are turning their attention towards clean energy transition. Use of Carbon Capture and Storage (CCS) projects to accelerate towards net-zero emission targets demonstrates the critical role this technology plays on the global stage.

Our experience

Summit Carbon Solutions

Summit Carbon Solutions

Summit Carbon Solutions in connection with the structuring and financing of a USD4.5 billion operation consisting of a portfolio of emitters (and associated CCS technologies), pipelines and sequestration facilities.

Two major U.S. financial institutions

Two major U.S. financial institutions

Two major U.S. financial institutions in connection with developing a program for lending to CCS ethanol and hydrogen projects on the sponsor and sequestration side; discussing “direct pay” implications in the event of a legislative change.

A leading publicly-traded oilfield services provider

A leading publicly-traded oilfield services provider

A leading publicly-traded oilfield services provider in negotiating the purchase and implementation of a pioneering carbon capture and electricity production project in California.
A Middle East company

A Middle East company

A Middle East company on developing a CO2 capture and transportation project in the Emirate of Abu Dhabi, the first CO2 grid in the Emirate of Abu Dhabi.

An international synthetic fuels company

An international synthetic fuels company

An international synthetic fuels company on the Carbon Capture and Storage Regulatory Environment Review including reviewing the legislative and regulatory environment for carbon capture and storage in each of the EU, UK, France and Germany.

SK E&S

SK E&S

SK E&S on the development and operation of the Caldita-Barossa LNG Project and Darwin LNG back-fill and tie-in project, including in relation to the proposed development and operation of an associated CCS project utilising the (depleted) Bayu-Udan gas field and associated qualification for, and utilisation of, carbon credits.

News and insights

Modern black and mirrored building against a grey sky

Publications: 08 April 2022

The British Energy Security Strategy

Yesterday the UK Government published its British Energy Security Strategy in response to the impact that global energy supply constraints post COVID recovery and the outbreak of war in Ukraine has…

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hydrogen drop

Publications: 31 January 2022

Emerging technologies: Hydrogen, storage and more

In November 2021 partners Jennifer Wnek and Sam Kamyans moderated a panel of experts discussing cutting-edge technologies, including storage, carbon capture, and hydrogen, with a focus on financing in…

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The Lincoln Tower in Washington

Publications: 07 December 2021

November 2021 update: U.S. House Ways and Means Committee Build Back Better Act - proposals related to tax credits and clean energy

On 19 November 2021, the U.S. House of Representatives passed the Build Back Better Act.

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System of pipes

Publications: 19 October 2021

Carbon transport and storage in the UK

Today the UK Government has announced which two carbon transport and storage clusters have been successful in the initial phase of the UK Government's carbon capture, usage and storage cluster…

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