Awards: Two companies offered acreage to store CO2
10/5/2022 Today, two companies have been offered exploration license for CO2 storage in an acreage in the Norwegian part of the North Sea.
An announcement regarding this acreage was made in April this year. The authorities have considered applications from three companies.
This is the third time acreage is awarded to store CO2 pursuant to the CO2 Storage Regulations*. This is the fourth acreage awarded to store CO2 on the Norwegian continental shelf.
*Regulation No. 1517 of 5 December 2014 relating to exploitation of subsea reservoirs on the continental shelf for storage of CO2 and relating to transport of CO2 on the continental shelf (the CO2 Storage Regulations).
Director Communication, public affairs and emergency response
Updated: 10/6/2022