Energy Transition

PGNiG Upstream Norway becomes operator of Polaris CCS project

Jan. 4, 2024

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway as operator of the Barents Sea Polaris CO2 storage project.

Alex Procyk

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN) as operator of the Polaris CO₂storage project (exploration license EXL003) in the Barents Sea.

Polaris will provide CO₂ storage for the Horisont Energi AS and Fertiberia Barents Blue project as well as other CO₂ customers.

Horisont Energi and (PUN) announced a sales purchase agreement on Dec. 11, 2023, making PUN a license partner.

Horisont Energi and PUN each hold 50% interest in EXL003.

About the Author

Alex Procyk | Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).