The Ministry of Petroleum and Energy announces two areas for applications related to injection and storage of CO2 on the Norwegian continental shelf. The announcement takes place in accordance with the CO2 Storage Regulations, on the basis of interest from several players in the industry.
“Capture and storage of CO2 is an area where Norway has a unique opportunity to really make a difference on the way to a global low-emission society. Norway have unique experience and expertise from the Sleipner and Snøhvit fields and not least the test centre at Mongstad. We are building on this through the Longship project. With today’s announcement, we are facilitating more Norwegian projects for CO2 management,” says Minister of Petroleum and Energy Tina Bru.
Several players in the industry have approached the ministry with a desire to be allocated two specific areas they consider interesting for CO2 storage. One is in the North Sea, the other in the Barents Sea. The Ministry is making this announcement on the basis of this interest.
“It is nice to see that the industry is now investing and showing interest in CO2 storage. This shows there is potential for a new and important industry on the Norwegian continental shelf,” says Bru.
As described in the white paper Putting Energy to Work, which was presented before the summer, exploration and utilisation permits are announced and allocated after individual announcements and needs. The process is initiated by players that want a permit in accordance with the CO2 Storage Regulations. They can apply when they believe there is a sufficiently good basis for an application.
The application deadline is set for 9 December 2021 at 12:00.
Additional information (in Norwegian), updated map and coordinates of announced areas (in English), HSE, environmental and fisheries conditions are available on the Norwegian Petroleum Directorate’s website.