Equinor, Total and Shell partnership Northern lights has signed a memorandum of understanding with a project called Borg CO2 that aims to store industrial carbon emissions in spent oil and gas fields along the Norwegian continental shelf, reports domestic media E24.
The agreement pertains to a collaboration between Northern Lights and industrial players present in counties Fredrikstad, Sarpsborg and Halden – and will entail both carbon capture, transit and sequestration.
"These are our first possible commercial customers in Norway, and we're, naturally, very interested in getting such agreements. These are the sort of customers that will create the commercial basis for our operations," Northern Lights Managing Director Børre Jacobsen tells the media.
Businesses mulling the establishment of CCS systems include Norske Skog Saugbrugs, Borregaard, Sarpsborg Avfallsenergi, Kvitebjørn Bio-El,Frevar and the Port of Borg, a potential host of a coming CO2 terminal.
Carbon capture and storage has also gained a prominent place in the Norwegian climate agenda during the last year. Since 2018, various players with activities in the aforementioned counties are in the process of mapping out their options for setting up other CCS facilities. These emit a combined volume of 700,000 tonnes of carbon dioxide per year.
The first phase of Northern Lights will expectedly reach completion in 2024 with a containment capacity of up to 1.5 million tonnes of CO2 per year.
English Edit: Daniel Frank Christensen