Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Letter on hydrogen: Electric shock
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
Letter on Carbon: Major commitment
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
Northern Lights nears start up as facilities in place
Norway claims world lead in commercial CO₂ transport and storage as project developed by TotalEnergies, Shell and Equinor stands ready to start injections in 2025
NEXTCHEM awarded PDP contract for multi-billion-euro Hail and Ghasha project
MAIRE announced that NEXTCHEM (Sustainable Technology Solutions) will act as technology design integrator to develop the process design package (PDP) for the hydrogen and carbon dioxide (CO2) recovery unit of the Hail and Ghasha gas development project.
SLB–Aker venture targets global market with disruptive tech
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
Equinor agrees project to tap Dunkirk emissions
State-backed energy firm agrees with French TSO GRTgaz to develop links into Norwegian CO₂ storage
Aker BP joins Nordic CCS push
Independent oil and gas firm targets European emitters after securing Norwegian storage exploration licence
Neptune and Capeomega plan North Sea CCS network
RWE signals backing for Noordkaap project with intent to ship carbon dioxide from power plant in Netherlands
US CCS ‘ready to accelerate’ – Aker Carbon Capture
Norway-based company hires first US representative as Inflation Reduction Act fires up North American market
Equinor exits Barents Blue and Polaris
Norwegian state-owned company walks away from ammonia and associated CCS projects after cooperation agreement expires
Equinor is pursuing other projects
Equinor Norway Hydrogen
Stuart Penson
2 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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

Also in this section
A new energy order in the UAE and Saudi Arabia
Opinion
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search