Statoil has been asked by the Norwegian Government to conduct new studies on carbon storage on the Norwegian continental shelf.
The Norwegian oil major, which is involved in four large-scale CCS projects, was the only tender for the contract, worth NOK35million.
Statoil’s senior vice president of wind and CCS, Stephen Bull, said: “We’re moving from pure research and development, out-of-the-lab and into the physical deployment of this, we’re excited about that.”
Feasibility studies will be carried out at three locations in the Norwegian sector of the North Sea. Work will be completed by June 1 according to Statoil.
“The results from the storage studies, together with feasibility studies within CO2 capture and CO2 transport, will form the basis for a decision by the Norwegian government on further progress for full-scale CCS in Norway,” the company added.
Norway has stated its ambition to realise at least one full-scale CCS demonstration project by 2020.
In the UK, the Government axed a £1billion competition to develop CCS technology at Peterhead power station near Aberdeen, last November.