Norway and France in Carbon Capture and Storage Collaboration

©Equinor
©Equinor

Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. 

Major oil and gas producer Norway plans to use CCS to store emissions from European industry and has designated geological formations deep beneath its seabed as reservoirs for CO2.

"As part of the cooperation, the two governments will consider and prepare a bilateral agreement to enable cross-border transportation and storage of CO2," Norway said. 

"Norway will facilitate the development of CO2 storage on our continental shelf for industrial companies, French companies included," it added. 

(Reuters - Reporting by Terje Solsvik/Editing by David Goodman)


Current News

BOEM Finalizes Environmental Review of Gulf of Maine Offshore Wind Research Lease

BOEM Finalizes Environmental R

Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms

Orsted, New Jersey Reach Settl

Hess Shareholders Sign Off On $53 Billion Sale to Chevron

Hess Shareholders Sign Off On

Estonia Says China Has Not Responded to Subsea Cables Probe Request

Estonia Says China Has Not Res

Subscribe for OE Digital E‑News

Offshore Engineer Magazine