Statoil to look at building world's first CO2 injection storage

"It will capture CO2 from three onshore industrial facilities in eastern Norway and have the potential to receive CO2 from both Norwegian and European emission sources," the company said. CO2 injection possibilities have been a long-researched target for global energy-hungry companies aiming to reduce emissions and achieve targets set by the Paris agreement on climate change. Such a project could also provide CO2 injection solutions for hydrogen producers that process natural gas, generating CO2 as a by-product, Statoil said. The proposal by Gassnova, the Norwegian state-owned carbon capture technology firm that gave the assignment to Statoil, consists of a plant that will receive CO2 from ships, which will be further injected into wells east of Norway's Troll gas field. Reuters



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