ORLEN Group advances in CO2 management with Polaris licence acquisition in Barents Sea

ORLEN Group advances in CO2 management with Polaris licence acquisition in Barents Sea

PGNiG Upstream Norway, part of the ORLEN Group, has announced a major advancement in its emerging business line focused on industrial CO2 emissions management. The company has acquired a 50% interest in the CO2 exploration licence Polaris in the Barents Sea, partnering with Horisont Energi AS. This transaction is pivotal in advancing the Group’s capabilities […]

Santos and Beach Energy secure new carbon storage licence near Moomba

Santos and Beach Energy secure new carbon storage licence near Moomba

Santos and its joint venture partner Beach Energy have achieved a significant milestone by securing additional carbon storage acreage, having been awarded a Gas Storage Retention Licence west southwest of Moomba. This development underlines their commitment to expanding carbon capture and storage (CCS) capabilities. Licence Awarded Under South Australian Legislation The Licence, granted under the […]