Neptune Energy has welcomed Sval’s announcement regarding an application for a CO₂ storage licence in the Norwegian North Sea. Securing the licence would enable the companies to proceed with the Trudvang project which has the potential to store up to nineM metric tons of CO₂ per year, equivalent to about 20%of Norway’s total annual emmissions*.The Trudvang project comprises capture of CO₂ by multiple industrial emitters in Northern Europe and the UK, shipping of liquid CO₂ from export terminals to an onshore receiving terminal in the south-west of Norway and transport via a purpose-built pipeline to the Trudvang location for injection and permanent storage.The Trudvang storage licence is located in the Norwegian North Sea, to the east of the Sleipner field and about 200 kilometres from the coast.The storage reservoir is at a depth of approximately 850 metres, in the Utsira formation.
Neptune Energy has welcomed Sval’s announcement regarding an application for a CO₂ storage licence in the Norwegian North Sea. Securing the licence would enable the companies to proceed with the Trudvang project which has the potential to store up to nineM metric tons of CO₂ per year, equivalent to about 20%of Norway’s total annual emmissions*.The Trudvang project comprises capture of CO₂ by multiple industrial emitters in Northern Europe and the UK, shipping of liquid CO₂ from export terminals to an onshore receiving terminal in the south-west of Norway and transport via a purpose-built pipeline to the Trudvang location for injection and permanent storage.The Trudvang storage licence is located in the Norwegian North Sea, to the east of the Sleipner field and about 200 kilometres from the coast.The storage reservoir is at a depth of approximately 850 metres, in the Utsira formation.
