# Technip Energies, GE Vernova, Balfour Beatty and Costain win contracts for Teesside carbon capture project

A Technip Energies-led consortium with GE Vernova and Balfour Beatty, as well as Costain, have been selected to work on the Teesside carbon capture project in the UK, valued at roughly £4 billion (~$5 billion). The project will capture up to 2 million tonnes of CO2 per year.

- Type: Contract
- Announced: 2024-03-15
- Where: Teesside, United Kingdom
- Value: $5.00B
- Status: announced
- Capacity: 2 million tonnes of CO2 per year
- Products: carbon capture technology, gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Technip Energies](https://endata.com/companies/2945.md)
- [Costain Group](https://endata.com/companies/388.md) (partner)
- [BP](https://endata.com/companies/1131.md) (customer)
- [GE Vernova](https://endata.com/companies/2947.md) (partner)
- [NZT Power](https://endata.com/companies/11637.md) (target)
- [Balfour Beatty](https://endata.com/companies/13673.md) (partner)

## Sources

- [carbonherald.com](https://carbonherald.com/technip-gevernova-costain-win-contracts-for-teesside-carbon-capture-project/), 2024-03-15: "Our selection for the Net Zero Teesside Power project is a testament to Technip Energies growing leadership position as an integrated state-of-the-art CCUS solutions provider."
- [gevernova.com](https://www.gevernova.com/news/press-releases/technip-energies-ge-vernova-advance-uks-transition-net-zero-one-worlds-first), 2024-03-15: "This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.