Funding approved for North Sea CO2 storage project

Dec. 15, 2020
Norway’s government has agreed to provide funding for the Northern Lights CO2 transport and storage project.

Offshore staff

STAVANGER, Norway – Norway’s government has agreed to provide funding for the Northern Lights CO2 transport and storage project.

This will offer open infrastructure for transport of CO2 from industrial capture sites to a terminal on the Naturgassparken industrial site in Øygarden, western Norway, for intermediate storage.

The captured CO2 would then be transported by pipeline for permanent storage in a North Sea reservoir at a subsurface depth of 2,600 m (8,530 ft).

Northern Lights represents the transport and storage component of Longship, the government’s full-scale carbon capture and storage project.

Equinor, Shell, and Total had taken conditional investment decision on Northern Lights this May.

They will now establish a joint venture to manage all project activities, including business development.

According to Equinor, this will be the first cross-border, open-source CO2 transport and storage infrastructure network, offering European industrial emitters the opportunity to store their CO2 safely and permanently underground.

Phase one of the project should finish in mid-2024 with a capacity of up to 1.5 MM metric tons/yr (1.65 MM tons) of CO2.

A white paper concerning Longship will be debated in Norway’s parliament in January, followed by final approval for the plan for development and operation.

North Sea exploitation license EL001 ‘Aurora’ was awarded in January 2019. In March 2020, the Eos well confirmed the designated reservoir’s characteristics and storage capacity.

According to Total, the capacity could increase to 5 MM t/yr through additional phases of development and a growing customer base.

12/15/2020