Today, four companies have been offered exploration licences for CO2 storage in two areas in the North Sea. The companies are Aker BP, OMV Norway, Wintershall Dea Norway og Stella Maris CCS.
The authorities have reviewed applications from six companies following announcement of suitable acreage in November 2022.
This is the fourth time acreage is being awarded for CO2 storage pursuant to the CO2 Storage Regulations*. These are the fifth and sixth acreages awarded for CO2 storage on the Norwegian continental shelf.
*Regulation No. 1517 of 5 December 2014 relating to exploitation of subsea reservoirs on the continental shelf for storage of CO2 and relating to transportation of CO2 on the continental shelf (the Storage Regulations).
Do you want to learn more about exploration on the Norwegian shelf, but don’t know where to start? Chat with Neil, your geological assistant, to learn everything about relinquisment reports.
In late April, geologist Stig-Morten Knutsen was re-elected to the board of a UN expert group for resources (United Nations Economic Commission for Europe /Expert Group on Resource Management – UNECE/EGRM).