Equinor Low Carbon Solution, a subsidiary of Norway’s state-owned energy giant Equinor, has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

Following the Norwegian Ministry of Energy’s invitation to interested parties to apply for CO2 storage exploration licenses in an area covering defined blocks in the North Sea, the authorities have evaluated the data received after their announcement in March 2025 to award CO2 storage acreage for the eighth time.