Errai CCS hits milestone
Developers of Norway’s first commercial carbon capture and storage project secure site for intermediate terminal in one of country’s largest industrial zones
Norway’s first commercial carbon capture and storage (CCS) project, called Errai, has taken an important step forward by securing a site for an onshore facility to hold CO₂ temporarily before it is piped offshore for permanent storage under the North Sea. Norwegian company Horisont Energi, which is developing the project with UK independent oil and gas producer Neptune Energy, has signed an option agreement on a site at Gismarvik on the west coast of Norway with the Haugaland Naeringspark, one of the country’s largest industrial zones. The site has access to a large harbour basin with a deep-sea quay. The onshore terminal would be capable of receiving gas from European and domestic sources,
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology