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Northern Lights JV DA

company

Northern Lights JV DA is developing and operating the world's first open-source CO2 transport and storage infrastructure. Their strategy involves offering safe and reliable CO2 shipping and storage services to industrial emitters across Europe, facilitating decarbonization efforts.

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Founded 2021 100 employees
CO2 Transport and Storage CompanyDeveloperOperator

Strategic Overview

  • Northern Lights is a joint venture owned by Equinor, Shell, and TotalEnergies.
  • The project is part of Longship, the Norwegian Government’s full-scale carbon capture and storage (CCS) project.
  • Developing the world’s first open-source CO2 transport and storage infrastructure, aiming for a capacity of up to 1.5 million tonnes of CO2 per year in Phase 1 (2024) and 5-6 million tonnes per year in Phase 2.

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Key People

Børre Jacobsen
Managing Director
Trond Buchvold
Chief Financial Officer
Per Øyvind Seljebotn
Chief Technology Officer
Liv-Elisif Kalland
Chief Legal Officer
Ragnhild Ulvik
Chief Commercial Officer
Øistein Bråthen
Chief Project Officer
Torill Berdal
Chief HR Officer
Sverre Overå
Project Director

Track Record

8
Deals Completed
3
Years Active
Notable projects: Northern Lights Project (Phase 1 - CO2 transport and storage infrastructure)

Detailed Analysis

Technologies
Carbon Capture, Utilization, and Storage (CCUS) (8 deals)
Geographies
Norway (3 deals)Netherlands (2 deals)Denmark (1 deal)Belgium (1 deal)Europe (1 deal)
Deal Stage
DevelopmentOperational
Deal Structure
Service AgreementPartnership

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