Wintershall gets Havstjerne CO2 storage licence in Norway
SUMMARY
The estimated annual storage capacity amounts to up to 7mn metric tons.
By Shardul SharmaWintershall Dea and its partner Altera have been awarded the Havstjerne CO2 storage licence in the Norwegian North Sea by the Norwegian ministry of petroleum and energy, the company said on March 31.
The licence is located 135 km southwest of Stavanger and will be operated by Wintershall Dea, holding 50% interest. The estimated annual storage capacity amounts to up to 7mn metric tons.
“This second licence award in Norway supports our ambitious target to build a global carbon management portfolio that potentially can abate 20 to 30 million tonnes of CO2 per year by 2040. We are proud of the trust that the Norwegian ministry of petroleum and energy places in our expertise and our ability to contribute to reaching Europe’s climate goals,” said Hugo Dijkgraaf, Wintershall Dea CTO.
Wintershall Dea and Altera intend to develop a system for transporting CO2 by ship to the Havstjerne license and offer storage to emitters from around Europe. The partnership has already investigated clusters of emitters in the Baltics, the Netherlands, Portugal, and Spain for sourcing CO2 for storage, the company said.
In addition to the awarded Havstjerne licence, Wintershall Dea operates the Luna licence in the Norwegian North Sea for future storage of CO2 and is working with Equinor in the NOR-GE project on a 900-km-long CO2 pipeline.
In March 2023, Wintershall Dea initiated the first CO2 storage in the Danish North Sea as part of project Greensand.
