Six companies have applied for CO2 storage acreage
04/09/2024
The Ministry of Energy has received applications from six companies in connection with the announcement of an area in the North Sea for potential storage of CO2 on the Norwegian shelf.
The department is processing incoming applications and aims to award exploration licences in the second half of 2024.
The Ministry of Energy has been contacted by commercial players who are interested in securing the award of specific acreage for CO2 storage. This acreage, located in the North Sea, was announced on 6 June, pursuant to the CO2 Storage Regulations.
As of the application deadline on 29 August, applications were received from the following companies:
04/11/2024
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore 7122/9-2 in production licence 1131, cf. Section 13 of the Resource Management Regulations.
24/10/2024
The Norwegian Offshore Directorate has granted OKEA ASA drilling permit for wellbore 31/4-A-23 F in production licence 055, cf. Section 13 of the Resource Management Regulations.
16/10/2024
The Norwegian Offshore Directorate has reviewed around 800 wells and revised the top and bottom for the Utsira Group and the Skade Formation, to ensure consistency.
10/10/2024
The Norwegian Offshore Directorate has granted Vår energi ASA drilling permit for the wells 7122/7-8 and 7122/8-3 S in production licence 229, cf. Section 13 of the Resource Management Regulations.
01/10/2024
The Norwegian Offshore Directorate believes that new innovations within hydraulic fracturing should lead to the development of more discoveries in tight reservoirs. The Directorate is now challenging the industry to have a go at one of the largest puzzles of them all – the "Victoria" discovery in the Norwegian Sea.
25/09/2024
The map shows all fields, discoveries, licensed area and area opened for exploration on the Norwegian continental shelf (NCS) . It also provides an overview of all production licences.
23/09/2024
A Norwegian Offshore Directorate analysis of exploration activity over the last 20 years (2004-2023) shows that the discoveries are valued at three times the costs expended.
