TotalEnergies SE signed an agreement with CapeOmega Carbon Storage AS to acquire 40% participating interest in the Luna carbon capture and storage project in Norwegian North Sea exploration license ExL004, 120 km offshore Bergen in 200 m of water.
ExL004 is operated by Wintershall DEA Norge AS with 60% participating interest and covers an area of 453 sq km. It is adjacent to the license where the Northern Lights CO2 storage project (TotalEnergies, 33%) is under development.
Luna is estimated to hold a CO2 storage injection capacity of up to 5 million tonnes/year. Partners plan to build a CO2 hub in Wilhelmshaven on the German North Sea coast to enable collection and transport of CO2 (OGJ Online, Oct. 5, 2022). Phase one is due to start in 2024.
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).
