Statoil will lead the project which will have Total and Shell’s respective Norwegian subsidiaries Norske Shell and Total E&P Norge taking part as equal partners.
The partners will contribute manpower, experience along with financial support for the project.
Objective of the project is to promote necessary development of carbon capture and storage (CCS) in order to meet long-term climate targets in the Norway and the EU.
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 number of CCS projects are needed and collaboration and sharing of knowledge are essential to accelerating the development.”
The project is supported by Gassnova and other relevant governmental stakeholders. It is aimed at storing carbon emissions captured from onshore industrial facilities in eastern Norway.
Gassnova, a Norwegian state enterprise for carbon capture and storage, awarded a contract for the first phase of the project to Statoil in June.
Statoil stated that the first phase of the project has a potential capacity of nearly 1.5 million tons per year.
The captured CO2 will be transported from the capture facilities by ship to a receiving onshore terminal on the west-coast of Norway where it will be stored into intermediate storage tanks. Later, it will be sent through a pipeline on the seabed to injection wells located east of the Troll oil field in the North Sea where Statoil operates the Troll A, B and C platforms along with the landfall pipelines.
The location of the receiving terminal is to be decided later this year.
Shell environment and safety executive vice president Monika Hausenblas said: “Shell sees CCS as a transformative technology that can significantly reduce emissions from those industrial sectors that will continue to rely on hydrocarbons for decades to come.
“Shell has significant experience of working with governments and other experts to support the development and wide-scale deployment of CCS and are pleased to be joining forces with our joint venture partners.”
Image: Shell, Statoil and Total officials signing the partnership agreement. Photo: courtesy of Ole Jørgen Bratland / Statoil ASA.
