SLB OneSubsea has been awarded an EPC contract by Equinor for a subsea CO2 injection system for phase two of the Northern Lights project offshore Norway, SLB said on Wednesday.
Kurt Vandenberghe, the Commission’s director-general for climate action, commented, “Having extracted hydrocarbons and contributing to greenhouse gas emissions, it [the oil and gas industry] will now contribute to storing CO2 and help mitigate climate change. By combining their industrial know-how with faster permitting processes and robust financial support – including from the ETS-resourced Innovation Fund – we can make substantial progress in advancing industrial decarbonization and modernization in Europe”.
Two appraisal wells drilled by Equinor ASA in the North Sea about 20 kilometers (12.43 miles) east of the Troll A platform have shown a suitable reservoir for carbon dioxide (CO2) storage.
Ghana committed to reducing greenhouse gas emissions by 64million tonnes of CO2 by 2030 – Akufo Addo
President Akufo Addo has said Ghana is committed to reducing greenhouse gas emissions by some
sixty-four million tonnes of carbon dioxide equivalent (64MtCO2e) by 2030.