Four companies offered acreage for CO2 storage
Norway has extensive experience with storage of carbon dioxide (CO2) under the seabed on the continental shelf. Illustration: Finnestad.
3/31/2023 Today, four companies have been offered exploration licences for CO2 storage in two areas in the North Sea. The companies are Aker BP, OMV Norway, Wintershall Dea Norway og Stella Maris CCS.
The authorities have reviewed applications from six companies following announcement of suitable acreage in November 2022.
This is the fourth time acreage is being awarded for CO2 storage pursuant to the CO2 Storage Regulations*. These are the fifth and sixth acreages awarded for CO2 storage on the Norwegian continental shelf.
See work programme (pdf)
Press release from the Ministry of Petroleum and Energy
*Regulation No. 1517 of 5 December 2014 relating to exploitation of subsea reservoirs on the continental shelf for storage of CO2 and relating to transportation of CO2 on the continental shelf (the Storage Regulations).
Updated: 3/31/2023