Sustainable solutions company Aker Carbon Capture (Aker) will collaborate with Norwegian carbon dioxide (CO2) reduction project developer Northern Lights JV (Northern Lights) to accelerate carbon capture and storage (CCS) projects in Norway and across Europe.
Agreed through the signing of a non-exclusive Memorandum of Understanding (MoU), the deal aims to build on learnings from the Longship project – an effort by the Norwegian Government to develop technology for capture and storage of CO2 with the goal of realising a cost-effective solution for full-scale CCS in Norway.
According to Aker, emitters will be provided ‘full value chain offerings’ at locations where the technical expertise of both Aker and Northern Lights is best suited.
Commenting on the partnership, Børre Jacobsen, Managing Director, Northern Lights, said, “Interest in CCS is picking up across Europe. Northern Lights is well positioned to contribute accelerating the development and we are looking forward to working with Aker Carbon Capture to realise the potential of the CCS market in support of climate targets.”
Northern Lights is a partnership between Equinor, Shell, and TotalEnergies that aims to build infrastructure allowing the transport of CO2 from industrial emitters by ship to a receiving terminal in western Norway for storage before being transported by pipeline for permanent storage in a geological reservoir 2.6km under the seabed.
Set to begin operations in 2024, Northern Lights and Aker plan to have 10m tonnes of CO2 on contract by 2025.