Statoil has signed a partnership agreement with Shell and Total to advance the development of carbon storage on the Norwegian Continental Shelf (NCS).
The project forms a part of Norway’s plan to develop full-scale carbon capture and storage in the country.
In June, Gassnova awarded the first phase of the project contract to Statoil.
Under the latest partnership deal, Norske Shell and Total E&P Norge will work as equal partners with Statoil.
All partners have also agreed to provide personnel and financial support to the project.
Statoil New Energy Solutions executive vice-president Irene Rummelhoff said: “Statoil believes that without carbon capture and storage, it is not realistic to meet the global climate target as defined in the Paris Agreement.
“A massive scale-up of the number of CCS projects is needed and collaboration and sharing of knowledge are essential to accelerating the development.”
In the first phase, the CO2 project is expected to reach a total capacity of nearly 1.5 million tonnes per year.
CO2 captured from onshore industrial facilities in eastern Norway will be transported from the capture facilities to a receiving terminal on the west-coast of Norway, where it will be transferred to intermediate storage tanks.
At the receiving terminal, CO2 will be transferred to intermediate storage tanks, before being sent through a pipeline on the seabed to injection wells located east of the Troll field on the NCS.
The final terminal will be selected later this year from a list of three possible locations.
The whole project is expected to encourage necessary development of CCS and achieve the long-term climate targets both domestically and internationally.
Image: The agreement was signed in Oslo on 2 October 2017. Photo: courtesy of Ole Jørgen Bratland.