Noreco announces the CCS partnership Project Bifrost
Oslo, 8 September 2021: Norwegian Energy Company ASA (“Noreco” or the “Company”) is pleased to announce it has entered into a CCS partnership with Ørsted and DTU together with its partners in the Danish Underground Consortium (the “DUC”) on progressing CCS in the Danish North Sea. Project Bifrost will evaluate the potential for CO2 transport and storage at the Harald field in the Danish North Sea with an expected startup storage capacity of 3 million tons of CO2 per year (m/tpa). The newly formed CCS partnership has applied for funding under the ‘Energy Technology Development and