General – Errai CCS Project
Horisont Energi and Neptune Energy today announced the signing of a Memorandum of Understanding (MoU) to develop the Errai Carbon Capture and Storage (CCS) project in Norway.
Errai could store 4-8 million tonnes of CO2 annually, with the potential to store more in later phases. The project includes an onshore terminal for intermediate CO2 storage, with the intention to permanently store the CO2 in an offshore reservoir.
The onshore terminal would be capable of receiving CO2 from European and domestic customers, including from the planned CO2 terminal at the Port of Rotterdam. Several onshore locations in Southern Norway are being evaluated for the terminal.
Neptune Energy brings subsurface expertise and extensive carbon capturing and storage experience to the project, having reinjected CO2 in the K12-B gas field in the Dutch North Sea for the last 14 years, as well as being a partner in the Norwegian Snøhvit field, which has been reinjecting CO2 since 2008.