Facilities / Norway / Storage

Polaris offshore storage facility

Planned Hub: Polaris offshore storage facility

Consortium Partners: Horisont Energi PGNiG Upstream Norway (operator)

Press Releases & Coverage

4 sources

External reporting and primary sources for this asset, ordered from official announcements to references.

Official & Press Releases

Horisont Energi intends to partner with PGNiG Upstream Norway as operator in the Barents Sea CO2 licence – Polaris - NOS Nova ↗

Horisont Energi
PGNiG Upstream Norway approved as operator and partner with Horisont Energi in the Polaris CO2 storage - NOS Nova ↗

Horisont Energi

References & Portals

Asset Description

Project Overview

This storage project is located in Norway (Europe) and is currently Planned. The primary sector classification is Storage. The reported fate of captured carbon is Dedicated storage. The project is associated with the Polaris offshore storage facility hub. Announcement year: 2021. Final investment decision year: 2026. Planned or actual operation year: 2028. Reported partners: Horisont Energi, PGNiG Upstream Norway (operator).

Governing Policy Ecosystem

Direct Link Regulatory 2024

Polaris offshore storage facility

Press Releases & Coverage

Asset Description

Project Overview

Governing Policy Ecosystem

Norway CO2 Storage & Transport Regulations (Offshore)

Norway 2025 CO2 Storage Licensing Round (EXL014)

Norway Petroleum Tax Act: CCS Deduction & Exemptions

Norway Longship Full-Scale CCS Project

Gold Standard Engineered Removals Activity Requirements (2025)

ICAO CORSIA Carbon Offsetting & CCU Fuel Rules (2024)