Six companies have applied to secure acreage for carbon dioxide (CO2) storage in North Sea blocks, the Norwegian Ministry of Petroleum and Energy (MPE) said in a release Jan. 11.
As of the Jan. 3 deadline, MPE received applications from Aker BP ASA, Altera Infrastructure Group, Horisont Energi AS, Neptune Energy Norge AS, OMV (Norge) AS, and Wintershall Dea Norway ASA. According to the plan, acreage will be awarded before summer this year.
This is the fifth time acreage has been allocated for CO2 storage on the Norwegian Continental Shelf. Up until now, four permits have been awarded on the Norwegian Continental Shelf, three in the North Sea and one in the Barents Sea, according to the Norwegian Petroleum Directorate.