Three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf are progressing to the next stage of development following what was called a successful assessment of their technical feasibility.
Engineering and consulting firm Wood on Aug. 26 said its evaluation of Trudvang, Luna and Havstjerne CCS projects included flow assurance simulations, development of CO2 specifications, specialized subsea field layouts and innovative marine loading and offloading solutions. The company’s techno-economic assessments laid the groundwork for sustainable CO2 transportation solutions, which Wood said enabled the projects to move to the next stage.
“Our long-standing presence in the North Sea, combined with the strategic scopes of work we have secured in the Norwegian Continental Shelf, underscore our commitment to bringing investible and scalable decarbonization solution to the region,” said Azad Hessamodini, executive president of consulting at Wood.
Together, the projects can store up to 21 million tonnes of CO2 annually, which is equivalent to about half of Norway’s total CO2 emissions in 2023, according to Wood. Sval, Storegga and Vår Energi (Trudvang); Wintershall Dea and TotalEnergies (Luna); and Wintershall Dea and Altera (Havstjerne) own the CCS licenses.
Recommended Reading
SLB’s Big Boost from Digital, Offsetting Flat Trends in Oil, E&P
2025-01-17 - SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company's digital products, artificial intelligence and cloud computing.
Artificial Lift Firm Flowco Prices IPO Above Guidance at $427MM
2025-01-15 - Flowco Holdings priced its IPO at $24 per share, above its original guidance. The oilfield services firm will begin trading on the New York Stock Exchange on Jan. 16.
Pioneer Energy’s Tech Offers More Pad Throughput, Fewer Emissions
2025-01-14 - Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
ZENRG Capitalizing on New Investments, Tech to Reduce Emissions
2025-01-07 - ZENRG Services recently secured funding from Chevron, BP Energy Partners and EIC Rose Rock to support its expansion of compression technology that keeps methane from being vented or flared.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.