OSLO, Norway – Norske Shell, Statoil, and Total have agreed to further develop carbon storage on the Norwegian continental shelf (NCS).
The project is in line with Norway’s goal of developing full-scalecarbon capture and storage (CCS).
In June,Gassnova awarded Statoil the contract for the project’s first phase. Norske Shell and Total E&P Norge have now joined as equal partners, contributing personnel, experience, and financial support.
Statoil, however, will continue to lead the project.
The first phase of this CO2 (carbon dioxide) project could reach a capacity of around 1.5 MMt/yr. The scheme will be tailored to accommodate additional CO2 volumes aiming to stimulate other new commercial carbon capture projects in Norway, Europe, and elsewhere.
Potentially, it could become the world’s first storage project site to receive CO2 from industrial sources in several countries.
Irene Rummelhoff, Statoil’s evp for New Energy Solutions, said: “Statoil believes that without carbon capture and storage, it is not realistic to meet the global climate target as defined in the Paris Agreement.
“A massive scale-up of number of CCS projects are needed and collaboration and sharing of knowledge are essential to accelerating the development.”
Monika Hausenblas, Shell’s evp for Environment and Safety, said: “Shell sees CCS as a transformative technology that can significantly reduce emissions from those industrial sectors that will continue to rely on hydrocarbons for decades to come.
“Shell has significant experience of working with governments and other experts to support the development and wide-scale deployment of CCS…”
The project involves storing CO2 captured from onshore industrial facilities in Eastern Norway and subsequently transported by ship to a receiving terminal on Norway’s west coast.
There the CO2 will be transferred from the ship to intermediate storage tanks, before being sent through a pipeline on the seabed to injection wells east of the Troll field in the North Sea.
Three locations are under review for the terminal, with a final selection to follow later this year.