Minister of Climate, Energy and Utilities Lars Aagaard has on Monday given the green light for the first permits to be issued to store CO2 in the old oil and gas fields in the North Sea. This is pleasing to the Danish Shipping Association, whose members Ineos and Wintershall DEA with Project Greensand, as well as TotalEnergies, who have been granted the permits. The industry organization sees great opportunities in the new possibilities that the permits open up.
- I am pleased that we can now, as some of the first in Europe, start sending CO2 underground on a larger scale. I am really excited about these projects, which show that Denmark is far ahead when it comes to thinking about new green solutions. This could be the beginning of a whole new North Sea adventure, with maritime transport at the forefront, to the great benefit of growth and employment, says Anne H. Steffensen, CEO of Danske Rederier, in a press release.
As early as the end of 2025, INEOS and Project Greensand estimate that it will be possible to store 1.5 million tons of CO2 per year and up to eight million in 2030. TotalEnergies will store more than five million tons of CO2 per year from 2030 with the Bifrost project.
amp
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
