Category: Business News
(WO) — SLB’s OneSubsea joint venture has secured an engineering, procurement and construction contract from Equinor to deliver the subsea CO₂ injection system for phase two of the Northern Lights project offshore Norway.
The scope covers two new satellite injection units and tie-in equipment, with first hardware deliveries slated for 2026. OneSubsea supplied two similar systems for phase one, completed in 2023.
Northern Lights, owned by TotalEnergies, Shell and Equinor, aims to create the world’s first open-access CO₂ transport and storage chain. Phase two will raise capacity from 1.5 million to a minimum of 5 million tpy and is supported by a Connecting Europe Facility for Energy grant.
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Source: World Oil
Published: July 19, 2025