Vår Energi and partners awarded CO\2\ storage licence in North Sea
Sandnes, Norway 20 June 2024; Vår Energi ASA (“Vår Energi”) today was awarded a CO\2\ storage licence in the North Sea, in partnership with OMV Norge AS and Lime Petroleum Norway AS. The Norwegian Ministry of Energy has awarded the operatorship of the Iroko carbon storage licence to Vår Energi. The Iroko area has the potential to store up to 7,5 million tonnes of CO\2\ annually for at least 30 years, a total of approximately 215 million tonnes. The Iroko storage licence