Six companies have applied for CO2 storage acreage
The Norwegian Ministry of Petroleum and Energy (MPE) has received applications from six companies in connection with the announcement of an area in the North Sea for potential storage of CO2 on the Norwegian shelf.
According to the plan, acreage will be awarded before summer this year.
The MPE has been contacted by commercial players who are interested in securing the award of specific acreage for CO2 storage. This acreage, located in the North Sea, was announced on 2 November last year, pursuant to the CO2 Storage Regulations.
As of the application deadline on 3 January, applications were received from the following companies:
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.
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.
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.
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.
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.
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.