Norway Awards Permit for Subsea Carbon Storage

www.maritime-executive.com...

The government of Norway has awarded state-owned oil firm Equinor a permit for its "Northern Lights" CO2 storage project on the Norwegian Continental Shelf.

The permit is the first of its kind on the NCS, and it aligns with a government goal to develop and export new technologies for carbon capture and storage (CCS). The offshore storage site would receive CO2 captured from three large industrial plants on shore, with tankers carrying the carbon from the point of origin in Oslo to the project location.

The project area was first announced last July, and Equinor is currently performing FEED studies on storage with its partners, Shell and Total. The FEED studies, which will be furthered by the permit, will provide more accurate cost estimates to support an investment decision.

Equinor's storage method is a proven process: the company has been injecting recovered CO2 back into the ground for decades. In current operations at the Sleipner platform, Equinor extracts carbon dioxide out of a CO2-rich natural gas stream, then reinjects it into a sandstone formation. This carbon capture and storage method reduces Equinor's exposure to Norway's steep CO2 tax.

huge newish technology underwater/underground science/engineering project...what could go wrong?

Plant lots of trees and dump into the atmosphere. Trees eat that stuff up.

I'm thinking that planting crops as well (like winter wheat), would be of a benefit as well.

double post via google chrome.

a reply to: ElGoobero

It sounds like a great way to spend tax-payer dollars but what do they do when the carbon storage area is full? What is the point of storing carbon? Mother Nature seemed to be doing fine until people started chopping down rainforests and spewing unnecessary industrial waste in to the atmosphere.

So long as "scientists" are doing things like "storing carbon for our safety"... average joe and average jane are going to believe it is the right thing to do, because it is being done, and will end up fighting against opposition to it.

Wow, what a waste of resources and tax payer money. If that was the goal then mission accomplished. Seriously? Who still falls for this BS?

Old technology being used at a new well-head. EOR has been around for some time and a state-owned oil company is being subsidized for their troubles; color me surprised, this is an oil recovery permit using sequestration of carbon dioxide to pump more hydrocarbons out.

Nothing altruistic going on here...Enhanced Oil Recovery Using Sequestered CO2