What have we achieved so far?

2016

  • Circular Energy established as limited liability company

2016 - 2018

  • Patent for simultaneous production of natural gas and injection of CO₂ 
  • Feasibility studies and Business Model completed (deliverables include stranded fields report, production profiles, Hysys process model and Economics model)
  • Pilot project identified
  • Conceptual design of offshore installation completed 
  • Power Trading Strategy defined

Next steps

  • Equity issuance -  Q4 - 2018
  • Aquisition gas reserves - Q1-2019 
  • Submission Field Development Plan - Q2- 2019
  • Detailed design complete - Q3 - 2019
  • First gas - Q2-2021