It does Mainly in natural gas powerplants and processing sites After a quick dig, it looks like this is starting at a power plant with the emissions being pumped into an old Nortth Sea oil field. Further ones to capture from cement works, industry and stick that in an old gas field.

Looks like Eni Hynet is also involved. They make blue hydrogen (splitting natural gas), so they are major producers of CO2. So, a private company accessing public funds with the promise that they'll expand to take the emmisions of other companies and store them Seen that promise before