Global CCS Institute welcomes new CO2 storage partnership on the Norwegian continental shelf
Statoil, Shell and Total have announced a new partnership to develop full-scale carbon capture and storage in Norway. The announcement follows Gassnova’s decision earlier this year to assign Statoil to evaluate carbon storage on the Norwegian continental shelf.
Global CCS Institute Executive Advisor John Scowcroft has welcomed the first-of-a-kind project:
“The Global CCS Institute congratulates its members Gassnova and Shell as well as other partners involved in this new partnership. This is a new and exciting milestone for CCS. This project shows a strong commitment by all parties to advance CCS and significantly reduce emissions from industrial sectors. This is an exciting development which highlights the power of knowledge sharing and collaboration in this sector. We hope this project will help accelerate the development of CCS across the region and globally.”
There are currently 17 large-scale CCS facilities around the world with four coming on stream in 2017-2018.
For further information about this announcement, please visit Statoil’s website here.