Three Norwegian energy companies have joined forces to advance the Trudvang carbon capture and storage (CCS) project in the North Sea.
Vår Energi CCS, Aker Solutions and Knutsen NYK Carbon Carriers have signed a memorandum of understanding to collaborate on the development.
The partnership brings together expertise in offshore engineering, CO2 storage and marine transportation. Thus, the project aims to establish flexible and commercially viable CO2 transport and storage solutions for European industrial customers.
Knutsen NYK Carbon Carriers is a joint venture between the Knutsen Group and Japan’s NYK Line. The Trudvang project is expected to begin with injection volumes of around 2 million metric tons of CO2 per year. Over time, capacity could scale to more than 20 million tons annually.
Project Builds on North Sea Storage Experience
The project plans to store CO2 in the Utsira Formation, a well-established geological storage site in the North Sea.
The area has already been used for carbon storage at the nearby Sleipner field, where CO2 has been injected for nearly three decades.
This existing track record is expected to support confidence in the long-term reliability of the Trudvang project. As part of the agreement, the companies will work together to advance technical and commercial aspects of the development.
This includes engaging with customers, regulators and other stakeholders to strengthen market confidence.
Relevant: First-of-its-kind BECCS Project Begins Operations In Norway
The partners will also explore different CO2 transport scenarios, including both medium and elevated pressure solutions. In addition, efforts will focus on optimizing offshore infrastructure, including unmanned platform designs and subsea systems.
The project will also assess direct offshore injection, aiming to streamline operations between CO2 carriers and storage facilities. The development comes as CCS activity continues to expand in the North Sea region.
Earlier this year, the Northern Lights project added a third liquefied CO2 carrier to its fleet and began injecting biogenic CO2.
Read more: Northern Lights Expands CO2 Shipping Fleet With Third Carrier
