Hamburg/Wilhelmshaven, 11 December 2025. Harbour Energy, one of Germany’s largest oil and gas producers with a leading CO2 storage position in Europe, and HES International, leading bulk handling company in Europe, today announced the next step in their cooperation to develop a robust CO₂ value chain via the Wilhelmshaven energy terminal. From the beginning of the new year, both companies will sharpen their focus on core competencies. Harbour Energy will leverage its subsurface expertise to develop target stores while HES will lead the further development of the CO2nnectNow terminal.
The companies’ new Cooperation Agreement is designed to accelerate progress and create early market opportunities for CCS emitters in Germany and beyond. HES aims at having the terminal in Wilhelmshaven in a front runner position, with one of Harbour Energy's CO2 storage facilities as the preferred destination for CO2 exports.
“Harbour Energy has a leading CO₂ storage position in Northwest Europe, with licensed net storage resources of over 650 million tonnes in Denmark, Norway, and the UK,” said Halvor Jahre, SVP CCS Portfolio Development at Harbour Energy. “By concentrating on efficiently maturing storage sites, we aim to enable early market makers in their decarbonisation efforts and deliver safe, scalable storage solutions for hard-to-abate emissions in line with German and European climate goals.”
“Wilhelmshaven is ideally positioned to become a central hub for carbon management solutions in Europe,” said Otto Waterlander, Director Business Development New Energies at HES International. “By combining Harbour Energy’s subsurface expertise with HES’s infrastructure capabilities, we are creating the foundation for first movers and accelerating the build-up of a robust and complete CCS value chain.”
Discussions with potential emitters also continue, supporting the development of integrated transport and storage solutions for industrial CO₂ emissions.
For more information, please contact:
Otto Waterlander
Business Development Director New Energies
o.waterlander@hesinternational.eu
+31 6 22788661
Christian Hößbacher-Blum
Press Spokesperson Energy Politics
Christian.Hoessbacher-Blum@harbourenergy.com
+49 152 567 241 49
About HES International
HES International is one of Europe’s largest independent bulk handling companies for liquid and dry bulk products. Our companies hold a unique position in the supply chain of bulk goods for a wide range of products providing first class access to Europe's deep draft terminals and excellent hinterland connectivity by barge, rail and truck.
HES International is supporting existing and future customers in decarbonization, among others by developing CO2 terminal activities on its existing locations in Europe. It is actively developing liquid and gaseous CO2 storage and handling services (CO2nnectNow) at its HES Wilhelmshaven Tank Terminal site in Lower Saxony, Germany, where HES benefits from existing (rail) logistics and shipping infrastructure.
About Harbour Energy in Germany
Harbour Energy is one of the three largest producers of natural gas and crude oil in Germany and makes an important contribution to the security of domestic energy supply. From Hamburg, the company manages its activities, which are concentrated in three regions in northern Germany: the Mittelplate oil field off the west coast of Schleswig-Holstein, natural gas production in north-west Lower Saxony and oil production in Emlichheim near the Dutch border. Harbour also operates a Technology & Service Centre and a training centre in Barnstorf, Lower Saxony. Furthermore, a dedicated department there coordinates decommissioning and renaturation activities throughout Germany.
About Harbour Energy
Since its creation in 2014, Harbour has grown to become one of the world’s largest and most geographically diverse independent oil and gas companies. Today, Harbour is producing between 460,000 and 475,000 barrels of oil equivalent per day with significant production in Norway, the UK, Germany, Argentina and North Africa. Harbour benefits from competitive operating costs and resilient margins, and a broad set of growth options including near-infrastructure opportunities in Norway, unconventional scalable opportunities in Argentina and conventional offshore projects in Mexico and Indonesia. With low GHG emissions intensity and a leading CO2 storage position in Europe, Harbour remains committed to producing oil and gas safely and responsibly to help meet the world’s energy needs. Harbour is headquartered in London with approximately 3,400 employees and direct contract staff across its operations and offices.