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Northern Lights JV

company

Northern Lights JV is a joint venture between Equinor, Shell, and TotalEnergies, developing the world's first cross-border open-source CO2 transport and storage infrastructure. Its strategy is to offer a safe and reliable service for the transport and permanent storage of CO2 from industrial emitters across Europe, playing a key role in decarbonization.

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Founded 2021 Parent: Equinor, Shell, TotalEnergies
Carbon Capture & Storage CompanyDeveloperOperator

Strategic Overview

  • Pioneering the development of the world's first cross-border, open-source CO2 transport and storage infrastructure.
  • Key enabler for industrial decarbonization across Europe by offering a reliable and safe CO2 storage solution.
  • Backed by major energy companies (Equinor, Shell, TotalEnergies), providing strong financial and technical expertise.
  • Focus on expanding capacity (Phase 2) to meet growing demand for CO2 storage from various industrial sectors.

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Key People

Børre Jacobsen
Managing Director
Dan-Erik Arnesen
CFO
Liv-Elisif Kalland
Head of Communications & Public Affairs
Øistein Bråthen
Head of Commercial
Per Christian Eriksen
Head of Operations
Sverre Overå
Project Director

Track Record

4
Deals Completed
3
Years Active
Notable projects: Northern Lights Project Phase 1 (CO2 transport and storage infrastructure), Northern Lights Project Phase 2 (expansion of CO2 transport and storage)

Detailed Analysis

Technologies
Carbon Capture & StoragePipelinesShippingSubsurface Storage
Sectors
Energy TransitionUtilities
Geographies
NorwayWestern EuropeNetherlands (1 deal)Germany (1 deal)Denmark (1 deal)Belgium (1 deal)Sweden (1 deal)
Deal Stage
GreenfieldOperating

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