Norway Invites Bids For Storing CO2 On Its Continental Shelf

Norway on July 5 invited companies to submit bids to use subsea reservoirs to store CO2 near the country’s largest oil and gas field, Troll.

The Nordic country aims to develop a full-scale carbon capture and storage by 2022 as part of its commitment to slow climate change after dropping such a project at its Mongstad refinery in 2013.

Norway’s oil and energy ministry said it planned to award permits to inject and store CO2 in the fourth-quarter of this year.