CO2 Storage contract awarded to Statoil

Gassnova has today awarded to Statoil a contract for concept and FEED studies for CO2 storage.
Photo: iStock.

​I am very pleased that today we can announce that we have awarded a concept and FEED contract for CO2 storage to Statoil. We have now taken an important step towards the realization of a full-scale CO2 value chain in Norway. Without capture and storage of large amounts of CO2, it is not possible to reach the Paris targets, "says Trude Sundset, CEO of Gassnova.

Statoil has extensive experience with CO2 storage on the NCS from the Sleipner and Snøhvit fields. The Sleipner Field is today one of the world's largest carbon capture and storage projects, and has for 20 years stored 17 million tonnes of CO2.

The new CO2 storage site will be developed in the Smeaheia area, east of the Troll field in the North Sea.

In addition to its extensive experience from Sleipner and Snøhvit, Statoil was responsible for feasibility study for Gassnova and last summer recommended Smeaheia area as the CO2 storage location, says Sundset.

At the same time, it is encouraging that there has been great interest from several storage actors during this process. This will provide a solid foundation for realizing a partnership that will be responsible for the development and operations of the facility," Sundset explains.

The feasibility studies from July 2016 demonstrate that a CO2 infrastructure from capture, transport to storage is technically possible in Norway. The conceptual and FEED studies will be the basis for the Norwegian Parliament to make an investment decision in 2019, with the goal to complete the full-scale CCS value chain by 2022.

Gassnova has previously awarded contracts for conceptual studies of CO2 capture to Klemetsrudanlegget in Oslo, Norcem in Brevik and Yara in Porsgrunn. Gassco has awarded contracts for Concept Studies for Ship Transport to Larvik Shipping and Brevik Engineering.

With the award today, study contracts for all parts of the full-scale project are awarded.