Energy trio to invest in transport and storage of CO2

Malcolm Latarche

Malcolm Latarche · 18 May 2020

ShipInsight


Energy giants, Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO₂ storage on the Norwegian Continental Shelf. Plans for development and operation have been handed over to the Ministry of Petroleum and Energy.

The project will be developed in phases. Phase 1 includes capacity to transport, inject and store up to 1.5 million tonnes of CO2 per year. Once the CO2 is captured onshore by industrial CO2-emitters, Northern lights will be responsible for transport by ships, injection and permanent storage some 2,500 metres below the seabed.

Equinor
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