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Norway awards CCS licenses to Equinor, Horisont Energi, Vår Energi The Norwegian Ministry of Petroleum and Energy has awarded carbon capture and storage (CCUS) licenses to Equinor, Horisont Energi, and Vår Energi. CCUS is necessary for achieving the climate goals. Carbon transport and storage infrastructure (CCS) is crucial for providing CO2 solutions on a commercial basis.
Safe capture and storage of CO2 is also an enabler for developing blue hydrogen and ammonia. With CCS, blue hydrogen and ammonia can eliminate emissions from the use of gas, thus ensuring access to large amounts of low-carbon energy. With the use of CCS, emissions can also be significantly reduced from gas-fired power plants.
Applications In December, Norway’s government received applications from Shell, Equinor, Horisont Energi, Northern Lights JV, and Vår Energi related to two areas on the Norwegian continental shelf to be allocated for the injection and storage of CO2. After that, the ministry moved on to processing the received applications with plans to al-
locate the areas during the first half of 2022. On 5 April, Norway’s energy ministry announced the award of CO2 licenses. One of the two exploration permits under the storage regulations is located in the North Sea and one in the Barents Sea. The North Sea one is offered to Equinor, while the license in
