North Sea carbon capture project planned

Oil firms Equinor and Wintershall Dea have unveiled plans to develop carbon capture and storage projects in the North Sea.

In particular, they envisage building a pipeline from Germany to Norway to transport and store carbon dioxide (CO2) under the North Sea.

The companies also plan to work together to establish technical and commercial solutions for the development of carbon capture and storage solutions across borders in Europe.

“The partnership intends to connect Germany, the largest CO2 emitter in Europe, and Norway, holding Europe’s largest CO2 storage potential,” they said in a joint statement.

Equinor and Wintershall Dea envisage the construction of a 900-km (560-mile) long pipeline to transport CO2 from northern Germany to storage sites offshore Norway before 2032.

The pipeline is expected to have a transport capacity of 20 million to 40 million tonnes of CO2 per year, equivalent to around 20% of all German industrial emissions per year, they said.

Wintershall Dea and Equinor also plan to apply for offshore CO2 storage licences to store between 15 million to 20 million tonnes per year under the North Sea.

The announcement comes in the same week that Equinor, Shell and TotalEnergies signed their first commercial deal to transport CO2 emitted by a Yara fertiliser plant and store it under the North Sea.

The deal involving Yara’s Dutch plant was the first commercial agreement on cross-border CO2 transport and storage signed in the world.

The International Energy Agency says carbon capture and storage is vital to reducing global CO2 emissions, including from hard-to-abate sectors such as cement production, to curb global warming