General – CO2 Storage
Altera Infrastructure has appointed AGR, part of ABL Group, to conduct an independent third-party storage evaluation of the Havstjerne CO2 storage license offshore Norway.
In late March 2023, the Norwegian Ministry of Energy awarded Altera Infrastructure and its partner Wintershall Dea a carbon capture and storage (CCS) license to develop the Havstjerne CO2 storage site in the North Sea.
The CO2 storage site, with an annual capacity estimated at 7 million tonnes per annum (Mtpa), is located 100 kilometers southwest of Egersund, Norway.
Under the contract, whose value was not disclosed, AGR’s scope of work includes CO2 storage site screening and characterization for potential CO2 storage, independent third-party storage evaluations, and geological assessment and mitigation of the risks associated with CO2 leakage.
The Havstjerne reservoir is planned to be in operation in 2027. The project envisions injecting CO2 transported by shuttle tankers and pipeline from multiple carbon capture hubs across mainland Europe.
