News listings

energy-pedia alternative energy

Norway flagNorway

Europe / Caspian / CIS >>> Norway

Norway: Wood is delivering carbon solutions for nearly half of Norway’s CCS licenses


27 Aug 2024

Photo - see caption

Wood is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.

The company has successfully assessed the technical feasibility of the Trudvang, Luna and Havstjerne CCS projects, which combined can store up to 21 million tonnes of CO2 annually, the equivalent of nearly half of Norway’s total CO2 emissions in 2023 (46.6 million tonnes).

Wood’s comprehensive techno-economic assessments – the method for evaluating the economic performance of technology – have laid the groundwork for sustainable CO2 transportation solutions, enabling the projects to progress to the next stage of development. The assessment included cutting-edge flow assurance simulations, development of CO2 specifications, specialised subsea field layouts and innovative marine loading and offloading solutions.

Azad Hessamodini, Executive President of Consulting at Wood, said: 'I am incredibly proud of our advisory team's dedication and expertise, which have been instrumental in driving these projects forward. Our long-standing presence in the North Sea, combined with the strategic scopes of work we have secured in the Norwegian Continental Shelf, underscore our commitment to bringing investible and scalable decarbonisation solution to the region.  We are honoured to support Norway in its journey towards a low carbon future.'

The CCS licenses are owned by Sval, Storegga and Vår Energi (Trudvang), Wintershall Dea and Total (Luna) and Wintershall Dea and Altera (Havstjerne). Wood’s technical experts from Stavanger, Sandefjord, Galway, Aberdeen and Reading are working together to deliver these scopes.

With over 30 years of experience in CCS and more than 200 global carbon capture studies delivered, Wood has a proven track record of executing CCS Solutions across the value chain, from capture to injection. Our knowledge and implementation expertise position us as a trusted partner in the global effort to reduce carbon emissions.

Wood will be exhibiting at this year’s ONS conference in Stavanger on the 26th – 29th of August on stand 8350 (Hall B).

Original announcement link

Source: Wood





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Telos NRG
Merlin
energy365
Rose & Assocs
Bayphase
OPC
Syntillica
Union Jack Oil 149
Borchwix
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com