1996
First dedicated CO2 storage at the Sleipner field off the Norwegian coast. Operated by Equinor.
2008
Second industrial-scale CO2 storage in Europe at Snøhvit Field, offshore Norway. Operated by Equinor.
2020
26 commercial CO2 storage facilities in operation globally with a total capacity of around 40 million tonnes per year (GCCSI, 2020)
- Equinor is already one of the largest CCS operators worldwide.
- 25 years of experience of offshore CO2 storage in the Sleipner field and 13 years in the Snøhvit field in Norway.
- Onshore CO2 storage experience from In-Salah, Algeria
- Operating the technology center Mongstad since 2012, the world’s largest and most flexible plant for testing and improving technologies for CO2 capture.
Leveraging our R&D and innovation capabilities will be key to developing new energy solutions at an acceptable cost. We are focusing on options to maintain the competitiveness of oil and gas in a low-carbon future, with efforts in the area of storage and utilisation of CO2, decarbonisation of natural gas through hydrogen value chains, and low carbon fuel transportation solutions. We are also exploring synergies between renewables and oil and gas value chains.
In August 2023, Equinor acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas.