Statoil, Norwegian government agree on subsea CO2 study

Offshore staff

OSLO, Norway – Norway’s Ministry of Petroleum and Energy has signed an agreement with Statoil on a feasibility study regarding CO2 storage on the Norwegian continental shelf (NCS). The study will include various development concepts for storing CO2 at three different locations on the NCS. It is to be completed by June 1 and is budgeted at about NOK 35 million ($4 million).

Tord Lien, Norway’s Minister of Petroleum and Energy, said: “Carbon capture and storage (CCS) will be an important measure in order to mitigate climate change and meet the emission targets under the Paris Agreement.

“We are pleased that we have reached an agreement with Statoil on conducting a feasibility study regarding CO2 storage. After nearly 20 years of experience with such storage from the Sleipner field, Statoil is well equipped for conducting these studies.”

The ministry said its CCS strategy contains a range of activities aimed at developing technologies for capturing, transporting, and storing CO2, noting that the feasibility study is an important step in developing full-scale CCS.


Click here to register for a webcast led by Statoil’s Chief Engineer Subsea Technology and Operations, entitled “Gullfaks and Åsgard: advancing the art of subsea compression.”

Share your news with Offshore at

Offshore Norway feasibility study includes possible CO2 storage at Utsira, Heimdal, and Smeaheia. Ministry of Petroleum and Energy
The feasibility study includes possible carbon dioxide storage at Utsira, Heimdal, and Smeaheia. (Image courtesy the Ministry of Petroleum and Energy)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...