Facilities / Norway / Storage

Poseidon CO2 storage

Planned Hub: Poseidon CO2 storage
Consortium Partners: Aker BP (50%) OMV AS (50%)

Press Releases & Coverage

2 sources

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

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 Regulatory 2024

Norway CO2 Storage & Transport Regulations (Offshore)

Direct Link Regulatory 2025

Norway 2025 CO2 Storage Licensing Round (EXL014)

Direct Link Incentive 2023

Norway Petroleum Tax Act: CCS Deduction & Exemptions

Direct Link Regulatory 2020

Norway Longship Full-Scale CCS Project

Reference Technical Standard 2025

Gold Standard Engineered Removals Activity Requirements (2025)

Reference Market 2024

ICAO CORSIA Carbon Offsetting & CCU Fuel Rules (2024)