Oil & Gas Majors Invest in Massive CO2 Storage Project

GALWAY, IRELAND--May 26, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Funding of up to $682 million for the largest proposed undersea carbon capture and storage (CCS) project, Northern Lights, has been green lit by Norway's Equinor (NYSE:EQNR) (Stavanger, Norway) and its partners Shell (NYSE:RDS.A) (The Hague, Netherlands) and Total SA (NYSE:TOT) (Paris, France).

Within this article: Details funding agreement, scope of project, location, partners and goals