Statoil to undertake North Sea CCS studies

Statoil has won a tender to undertake three new studies on carbon capture and storage (CCS) in the Norwegian North Sea.

The firm was reportedly the sole bidder for the almost $4m contract awarded by Norway’s government.  

Studies at three offshore locations are due to be completed in early June, the firm said in a statement, adding that "The results from the storage studies, together with feasibility studies within CO2 capture and CO2 transport, will form the basis for a decision by the Norwegian government on further progress for full-scale CCS in Norway.”  

Statoil is already involved in several CCS projects, including one in the Sleipner area of the North Sea (pictured), which it says has captured and stored up to 1 million tonnes of CO2 per year since 1996, with 12 million tonnes stored by 2010.

Norway has said it is “pursuing broad measures” to develop a CCS strategy, including a dedicated research facility, Technology Centre Mongstad, co-owned by government and industry. Statoil holds a 20 per cent stake in the centre.

 

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

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

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

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...