Efforts to remove carbon dioxide (CO2) from the atmosphere and store it underground storage have gained steam across Europe over the past few years as industries and governments seek to reduce emissions to meet their climate goals.
* Smeaheia, a project by Equinor to develop a storage site in the North Sea with a potential to inject up to 20 mtpa from 2027/2028. Equinor, which was awarded the exploration license in 2022, said it is looking at injecting the CO2 captured from its own hydrogen production, as well as some industrial customers in Europe. The company aims to make the final investment decision in 2025.
* Luna, a project led by German Wintershall Dea [RIC:RIC:WINT.UL], to store up to 5 mtpa of CO2 at a site some 120km west of Bergen. Wintershall Dea and its Norwegian partner Cape Omega were awarded exploration license in October. Wintershall Dea has 60% stake and Norway's Cape Omega the remaining 40% in the license., to develop a storage site in the North Sea with 4-8 mtpa capacity and a receiving terminal onshore. The partners still need to apply for the license.
* Viking CCS, a project formerly known as V Net Zero and led by independent oil and gas firm Harbour Energy , aims to store up to 10 mtpa of CO2 by 2030 at depleted gas fields in the southern North Sea. It plans to start injecting CO2 in 2027, initially at a rate of 2 mtpa of CO2.partnership that aims to develop infrastructure to transport and store about 20 mtpa of CO2 captured at two industrial clusters in Teesside and Humberside from 2030. The project plans to transport CO2 via pipelines to a storage site some 145 km offshore in the southern North Sea.
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