Norway seems to have taken a giant leap towards developing large-scale carbon capture and storage (CCS) after three major European energy companies announced this week that they will back a billion-dollar project on the Norwegian Continental Shelf.
The project, which will capture carbon dioxide from industrial plants in eastern Norway and store it under the North Sea seabed, will have an initial capacity of up to 1.5 mtpa. Led by Statoil with support from Shell and Total, the project is expected to be completed by 2022...
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