In a significant development for climate action, the Norwegian Ministry of Energy has officially announced the opening of three areas in the North Sea for companies to apply for exploration licenses related to CO2 storage on the Norwegian continental shelf. This initiative is part of Norway’s effort to establish a new ocean industry focused on […]
Aker BP and OMV (Norge) have forged a collaboration agreement for carbon capture and storage (CCS) and have secured the Poseidon CO2 storage licence on the Norwegian Continental Shelf (NCS) from the Norwegian Ministry of Petroleum and Energy. The CO2 storage licence awarded to Aker BP and OMV is in the Norwegian North Sea. Aker […]
Danish CO2 storage project : Drilling rig operator Maersk Drilling will join INEOS Oil & Gas Denmark and Wintershall Dea in a new Danish offshore CO2 storage consortium. According to Maersk Drilling, the consortium will mature a well progressed carbon capture and storage project in Danish waters. It will aim to develop CO2 storage capacity […]
Oil and gas giants Equinor, Shell, and Total have reported positive results from the drilling of an exploration well 31/5-7 Eos located south of the Troll field in the North Sea as part of the Northern Lights CCS project. The drilling of the wildcat well 31/5-7 is to study if the reservoir in the Johansen […]