close
close

Six companies offered acres for CO2 storage

Six companies offered acres for CO2 storage


Six companies offered acres for CO2 storage

Companies have shown significant interest in storing CO2. (Illustration of CO2 storage)



06/20/2024
Six companies have been offered exploration licenses to store CO2 in four areas in the North Sea.

The authorities have reviewed applications from eight companies following announcement of two suitable acreage in March 2024.

“We see great interest from the companies and find it gratifying that four offers are now being sent out. This is the highest number of offers that have been sent out simultaneously”, says Hilde Braut, assistant director for new industries.

The six companies that have received offers are:

  • Aker BP ASA
  • Equinor ASA
  • Lime Petroleum AS
  • OMV (Norge) AS
  • PGNiG Upstream Norway AS
  • Vår Energi ASA

This is the sixth time acreage has been awarded for CO2 storage pursuant to the CO2 Storage Regulations.

See work program (pdf)

Press release from the Ministry of Energy

More about carbon storage

Updated: 06/20/2024

Latest news

Production figures May 2024


06/20/2024
Preliminary production figures for May 2024 show an average daily production of 1,932,000 barrels of oil, NGL and condensate.

Dry well in the North Sea


06/14/2024
The ”Toppand east” well 35/11-29 S in the North Sea, drilled by Wellesley, Equinor and Petoro, proved to be dry.

Technology is the key


06/10/2024
Technology Day 2024 turned out to be exactly what the Norwegian Offshore Directorate was hoping for, with presentations and discussions about acquiring subsurface data, challenging barrels and next-generation production systems.