Norwegian regulator awards North Sea CO2 storage licenses

March 31, 2023
Aker BP, OMV (Norge) AS, Wintershall Dea Norge AS, and Altera Infrastructure Group have been awarded CO2 storage licenses on the Norwegian Continental Shelf by the Norwegian Ministry of Petroleum and Energy.

Aker BP, OMV (Norge) AS, Wintershall Dea Norge AS, and Altera Infrastructure Group have been awarded CO2 storage licenses on the Norwegian Continental Shelf (NCS) by the Norwegian Ministry of Petroleum and Energy.

An eastern license, Poseidon, has been awarded to a partnership of Aker BP and OMV in the Norwegian North Sea. The license will be operated by Aker BP (60%). The work program includes 3D seismic acquisition and a drill or drop decision by 2025.

Poseidon could potentially provide storage of more than 5 million tonnes/year (tpy) of CO2. The intent is to inject CO2 captured from multiple identified industrial emitters in northwest Europe, including from Borealis’ various industrial sites.

The partners entered into a collaboration agreement with Höegh LNG to provide marine CO2 infrastructure to collect, aggregate, and transport CO2 from emitters in Europe to the NCS. 

A northwest license, Havstjerne, has been awarded to Wintershall and Altera through subsidiary Stella Maris CCS AS. The license is 135 km southwest of Stavanger and will be operated by Wintershall (50%). Estimated storage capacity is about 7 million tpy. 

Wintershall and Altera intend to transport CO2 by ship to the Havstjerne license. The partnership has investigated emissions clusters in the Baltics, the Netherlands, Portugal, and Spain as CO2 sources. 

In addition to Havstjerne, Wintershall operates the Luna license in the Norwegian North Sea for future storage of CO2 and is working with Equinor in the NOR-GE project on a 900-km CO2 pipeline.

About the Author

Alex Procyk | Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).