CO2 could be stored in Norway’s North Sea fields

Norway’s Ministry of Petroleum and Energy on Monday signed an agreement with Statoil on a feasibility study regarding CO2 storage on the Norwegian Continental Shelf (NCS).

The study will include various development concepts for storing CO2 at three different locations on the NCS. The study is to be completed by June 1, 2016 and is budgeted at about NOK 35 million ($4 million.).

“Carbon capture and storage (CCS) will be an important measure in order to mitigate climate change and meet the emission targets under the Paris Agreement. We are pleased that we have reached an agreement with Statoil on conducting a feasibility study regarding CO2 storage. After nearly 20 years of experience with such storage from the Sleipner field, Statoil is well equipped for conducting these studies,” says Minister of Petroleum and Energy, Tord Lien.

The Norwegian Government’s strategy on CCS contains a broad range of activities aimed at developing technologies for capturing, transporting and storing CO2. This feasibility study is an important step in the strategy’s actions aimed at developing full-scale CCS, the ministry said in a statement.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply