Global energy technology company SLB (Schlumberger NV) has secured a significant contract for carbon storage site development in the North Sea, awarded by the Northern Endurance Partnership (NEP), a joint venture comprising bp, Equinor, and TotalEnergies. The contract involves deploying SLB's Sequestri™ carbon storage solutions portfolio to construct six carbon storage wells. This development is part of NEP's initiative to build infrastructure that transports CO2 from carbon capture projects across Teesside and the Humber to secure storage under the North Sea, known as the East Coast Cluster. The project is integral to achieving net zero emissions in the UK's most carbon-intensive industrial regions, with the infrastructure designed to transport and permanently store up to an initial 4 million metric tons of CO2 annually, starting in 2028.