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Equinor: Investing NOK 7.5 billion in expansion of the groundbreaking Northern Lights CCS-project
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Equinor: Investing NOK 7.5 billion in expansion of the groundbreaking Northern Lights CCS-project
Business
Date posted: 27.03.2025
Category: Business News
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years.
Source: Equinor