Awards: Two companies offered acreage to store CO2
05/10/2022
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).
10/10/2024
The Norwegian Offshore Directorate has granted Vår energi ASA drilling permit for the wells 7122/7-8 and 7122/8-3 S in production licence 229, cf. Section 13 of the Resource Management Regulations.
01/10/2024
The Norwegian Offshore Directorate believes that new innovations within hydraulic fracturing should lead to the development of more discoveries in tight reservoirs. The Directorate is now challenging the industry to have a go at one of the largest puzzles of them all – the "Victoria" discovery in the Norwegian Sea.
25/09/2024
The map shows all fields, discoveries, licensed area and area opened for exploration on the Norwegian continental shelf (NCS) . It also provides an overview of all production licences.
23/09/2024
A Norwegian Offshore Directorate analysis of exploration activity over the last 20 years (2004-2023) shows that the discoveries are valued at three times the costs expended.
20/09/2024
The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wellbore 6406/6-7 S in production licence 1119, cf. Section 13 of the Resource Management Regulations.
