Awards: Two companies offered acreage to store CO2
05/10/2022
Today, two companies have been offered exploration license for CO2 storage in an acreage in the Norwegian part of the North Sea.
An announcement regarding this acreage was made in April this year. The authorities have considered applications from three companies.
This is the third time acreage is awarded to store CO2 pursuant to the CO2 Storage Regulations*. This is the fourth acreage awarded to store CO2 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 transport of CO2 on the continental shelf (the CO2 Storage Regulations).
08/12/2023
Analyses show that the Barents Sea contains significant resources, probably more gas than oil. What needs to be done if Norway is to supply Europe with the requested volumes of gas?
06/12/2023
There are vast proven gas resources on the Norwegian shelf which are currently without development plans. Much of this gas is located in tight reservoirs – which makes it difficult to produce.
06/12/2023
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi AS drilling permit for well 7219/6-1 in production licence 1025 S, cf. Section 13 of the Resource Management Regulations.
05/12/2023
The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that, for various reasons, have yet to be developed. Several of these discoveries could be produced in a manner that is profitable from a socio-economic perspective.
30/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Harbour Energy Norge AS drilling permit for well 15/9-25 in production licence 1138, cf. Section 13 of the Resource Management Regulations.
16/11/2023
The Norwegian Petroleum Directorate (NPD) is changing its name to the Norwegian Offshore Directorate as of 1 January 2024. The new name reflects the additional responsibilities assigned to the directorate in recent years.
16/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy ASA drilling permit for well 35/11-28 S in production licence 248 C, cf. Section 13 of the Resource Management Regulations.
15/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy Norge AS drilling permit for well 35/6-4 A in production licence 929, cf. Section 13 of the Resource Management Regulations.
