CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO 2 storage developments.
Northern Lights JV DA, owned by Equinor, Shell and TotalEnergies, is the operator of the first industry-scale project for the transport and storage of CO 2 on the Norwegian continental shelf.
Following this first data licensing success in the CO 2 storage market, CGG plans to expand its multi-client data library to support initiatives by industry players to identify and de-risk subsurface storage sites and provide key information to estimate storage resources and help define efficient and safe monitoring solutions.
“ This is an excellent example of the geological insight our subsurface data and outstanding imaging technologies can bring to growing industries, such as CO 2 storage and geothermal energy, beyond our traditional markets , “ Dechun Lin, EVP, Multi-Client at CGG.
“It also underlines the increasingly important role and added value that our geoscience data, technologies and expertise bring to our clients and society, in support of the energy transition to a low carbon future. ”
Set to be fully operational in 2024, Northern Lights is part of the Norwegian government’s Longship project for establishing full-scale CO2 capture, transport and storage facilities in line with the country’s international climate agreements.
The Norwegian Ministry of Petroleum and Energy approved the development plan for the project in March.
According to the developers, the project will allow industrial sites in Norway and companies across Europe to capture and store their carbon emissions safely and permanently at 2,600 meters below the seabed off the Norwegian coast.