Equinor Secures CO2 Well Licence

The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 31/5-7 near the Troll oil and gas field as the state controlled company is looking for somewhere to store CO2. The drilling programme covers wildcat wells in exploitation licence 001, wholly-owned by Equinor.

The area in this licence consists of parts of block 31/5 and the aim is to find a duster. The exploitation licence 001 was awarded January 11 and there were no other bidders. Equinor's partners in the so-called Northern Lights project are the European majors Shell and Total.

The permit is contingent on the operator securing all other permits and consents required by other authorities before it starts drilling.