Statoil ASA, Royal Dutch Shell Plc and Total SA have signed a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway.
In June, Gassnova SF, a Norwegian state enterprise for carbon capture and storage awarded Statoil the contract for the first phase of the project. Norske Shell and Total E&P Norge are now entering as equal partners while Statoil will lead the project.
The first phase of this CO2 project could reach a capacity of approximately 1.5 million tons per year. The project will be designed to accommodate additional CO2 volumes aiming to stimulate new commercial carbon capture projects in Norway, Europe and more globally across the world. In this way, the project has the potential to be the first storage project site in the world receiving CO2 from industrial sources in several countries.
The storage project will store CO2 captured from onshore industrial facilities in Eastern Norway. This CO2 will be transported by ship from the capture facilities to a receiving terminal located onshore on the west-coast of Norway. At the receiving terminal, CO2 will be transferred from the ship to intermediate storage tanks, prior to being sent through a pipeline on the seabed to injection wells east of the Troll field on the NCS.
The objective of the project, which is supported by Gassnova and other relevant governmental stakeholders, is to stimulate the necessary development of CCS so the long-term climate targets in Norway and the EU can be reached. The collaboration will form a basis for establishing a further partnership for the construction and operational phases.
Statoil ASA, Royal Dutch Shell Plc and Total SA have signed a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway.
In June, Gassnova SF, a Norwegian state enterprise for carbon capture and storage awarded Statoil the contract for the first phase of the project. Norske Shell and Total E&P Norge are now entering as equal partners while Statoil will lead the project.
The first phase of this CO2 project could reach a capacity of approximately 1.5 million tons per year. The project will be designed to accommodate additional CO2 volumes aiming to stimulate new commercial carbon capture projects in Norway, Europe and more globally across the world. In this way, the project has the potential to be the first storage project site in the world receiving CO2 from industrial sources in several countries.
The storage project will store CO2 captured from onshore industrial facilities in Eastern Norway. This CO2 will be transported by ship from the capture facilities to a receiving terminal located onshore on the west-coast of Norway. At the receiving terminal, CO2 will be transferred from the ship to intermediate storage tanks, prior to being sent through a pipeline on the seabed to injection wells east of the Troll field on the NCS.
The objective of the project, which is supported by Gassnova and other relevant governmental stakeholders, is to stimulate the necessary development of CCS so the long-term climate targets in Norway and the EU can be reached. The collaboration will form a basis for establishing a further partnership for the construction and operational phases.
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