The year is drawing to a close, and what a year it has been. We have achieved several significant milestones that fill me with pride. The Aramis team has not only delivered exceptional work but has also made considerable progress, leaving everyone energised and confident. We head into the new year with full force, looking forward to a successful and promising 2025.

In our June newsletter, we highlighted our contractor Petrofac in Woking (UK) and its hard work on completing the Front-End Engineering Design (FEED). I am pleased to announce that the FEED phase was successfully finalised last month, fully according to schedule. This complex process required close collaboration between the international teams, and I have been impressed by the joint achievements.

Another highlight was the submission of the first batch of permits, including the crucial environmental permit. Again, close cooperation with the government and stakeholders was essential. We remain on track to secure all permits by the second quarter of 2025.

In short, we have accomplished a great deal and look forward to building on our success in the coming year.

Successful conclusion of joint task force
The joint task force, a collaboration between the Dutch Ministry of Climate Policy and Green Growth and partners in the Aramis value chain, successfully concluded last month. Its goal was to identify and map risks within the CCS value chain while exploring private and public measures to mitigate them. Key focus areas included cost management, partner coordination and establishing clear agreements on responsibilities within the value chain. The next step involves the government’s 2025 Spring Memorandum, which will clarify the measures it intends to implement.

Looking ahead to 2025
In the first half of the new year, we will focus on four main priorities. First, we will define clear specifications for the chemical composition of the transported gas, detailing which substances, apart from CO₂, are permitted and in what quantities. These specifications are essential for safeguarding safe and efficient transport and storage. Second, we will continue to dedicate a lot of time and effort to the permitting process, as this directly impacts our planning.

Third, we will stay focused on identifying and implementing cost-saving measures to ensure transport and storage are affordable for industry. We will also start the tendering process for our subprojects. And last but not least, we will collaborate with the government to examine the proposed joint task force measures, which will be further elaborated in the run-up to the Spring Memorandum.

As always, Aramis will continue to work closely with other projects in the CCS value chain to minimise risks and optimise process alignment.

The results achieved so far underscore the dedication and collaboration of our motivated and diverse Aramis team. Despite certain challenges, we remain committed to delivering safe and sustainable CO₂ storage. I look forward to a great 2025!