Northern Lights
-
The contractor will deliver a similar carbon dioxide injection system to the one it completed for phase one in 2023. -
The Norwegian Ministry of Energy has approved the Phase 2 expansion, which is expected to increase carbon dioxide storage capacity from 1.5 million tonnes to 5 million tonnes.
-
The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
-
The facility for open-source carbon capture, transport, and storage has been completed.
-
Government grants and tax incentives will drive carbon capture, storage, and/or utilization projects in the next decade as the industry seeks profitable business model.
-
The memorandum of understanding aims to improve digital work flows in the emerging carbon capture and storage industry.
-
Equinor will use the semisubmersible rig Transocean Enabler, which is already under contract, for the work planned for later this year.
-
The first phase of the project is set for completion in 2024. As a part of the project, Equinor, Shell, and Total will establish a new joint-venture enterprise. Equinor has awarded two EPC contracts.
-
The Northern Lights project will disclose data sets from the confirmation Well 31/5-7 Eos drilled in the North Sea and completed earlier this year.
-
The memorandum of understanding with Microsoft follows a conditional investment decision in May that Equinor, Shell, and Total made for the carbon capture and storage project.
Page 1 of 2