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Stuart Penson
2 February 2023
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Equinor exits Barents Blue and Polaris

Norwegian state-owned company walks away from ammonia and associated CCS projects after cooperation agreement expires

Norwegian state-owned energy company Equinor has walked away from the Barents Blue ammonia production project and the associated Polaris offshore CO₂ storage project in the Barents Sea after the expiry of its cooperation agreement with the other project partners. Equinor gave no further details of its decision to leave the two projects located in northern Norway. Spanish fertiliser group Fertiberia has come in as a new project partner on Barents Blue and Polaris, replacing Equinor and Norwegian energy company Var Energi, which has also left both projects. Norway’s Horisont Energi remains as the operator of Barents Blue. “We are pleased to see that Horisont Energi will continue to mature the

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