Statoil partners with Shell and Total to develop CCS
Statoil, Shell and Total have signed a partnership agreement to develop carbon capture and storage (CCS) on the Norwegian Continental Shelf (NCS).
The partnership is the latest development of Norway’s state-owned Gassnova’s efforts to develop full-scale CCS in Norway.
In June, it awarded Statoil a contract to evaluate the development of the project, which would capture CO2 from three onshore industrial facilities in Eastern Norway, before transporting it by ship to an onshore receiving plant on the country’s west coast.
At the receiving plant the CO2 would be pumped from the ship to tanks onshore, before being transported through pipelines on the seabed to several injection wells east of the Troll field on the NCS.
All of the partners will contribute people, experience and financial support to the development of the project.
“Statoil believes that without carbon capture and storage, it is not realistic to meet the global climate target as defined in the Paris Agreement,” Statoil Executive Vice President for New Energy Solutions Irene Rummelhoff said.
“A massive scale up of number of CCS projects are needed and collaboration and sharing of knowledge are essential to accelerating the development.
“We are very pleased to have Shell and Total as partners and believe their experience and capabilities will further strengthen this project.
“We trust that this robust partnership is well positioned to develop this first-of-a-kind project.”
Speaking on the partnership, Shell Executive Vice President for Environment and Safety Monika Hausenblas said, “Shell sees CCS as a transformative technology that can significantly reduce emissions from those industrial sectors that will continue to rely on hydrocarbons for decades to come.
“Shell has significant experience of working with governments and other experts to support the development and wide-scale deployment of CCS and are pleased to be joining forces with our joint venture partners.”
Statoil said the first phase of the project could reach a capacity of approximately 1.5 million t/a, but will be designed to accommodate additional volumes of CO2 with the aim of stimulating new commercial CCS projects in Norway, Europe and across the world.
The storage site would be the first in world to receive CO2 from multiple industrial sources.
For more information visit the Statoil website.
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Images supplied by Statoil