Markets
EU backs cross-border CO2 transport and storage project with €223 million
CEII brief
Offshore Energy reported on 20 Oct 2026: EU backs cross-border CO2 transport and storage project with €223 million.
Read the full story on Offshore EnergyAker BP and Höegh Evi have secured €223 million from the European Union Innovation Fund for a large-scale CO2 transport and storage (CCS) project...
Context from CEII
Exchange rates and the cost of capital shape every energy project, especially in emerging markets where equipment is priced in dollars.
₦1,332.82 per US dollar, reference rate todayOriginal reporting © Offshore Energy. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.