Rune Olav Pedersen, President & CEO in PGS, said: “Northern Lights is one of the pioneering CO2 transport and storage companies in Europe and we are proud to contribute with our technology to their groundbreaking efforts.
The Northern Lights project comprises transportation, receipt, and permanent storage of CO2 in a reservoir in the northern North Sea, and will be open to third parties.
The project is planned to be the first-ever cross-border, open-source CO2 transport and storage infrastructure network, offering European industrial emitters the opportunity to store their CO2 permanently underground.