Facilities / Norway / Storage

Poseidon CO2 storage

Planned Hub: Poseidon CO2 storage

Consortium Partners: Aker BP (50%)OMV AS (50%)

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 Poseidon CO2 storage hub. Announcement year: 2023. Final investment decision year: 2026. Reported partners: Aker BP (50%), OMV AS (50%).

Governing Policy Ecosystem

Direct Link Offshore Storage Licensing 2025

Poseidon CO2 storage

Asset Description

Project Overview

Governing Policy Ecosystem

Norway 14th Offshore Storage Licensing Round and 2025 Regulatory Guidelines

Norway Longship Operational Framework 2025

Norway CO2 Storage & Transport Regulations (Offshore)

Norway Petroleum Tax Act: CCS Deduction & Exemptions

Norway 'Longship' CCS Project

Gold Standard Engineering CDR Requirements

ICAO CORSIA Carbon Offsetting & CCU Fuel Rules (2024)