Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris. The CO2 exploration licence EXL003, with the project name Polaris Licence, is currently fully controlled by Horisont Energi鈥
Oil and gas companies BP and Equinor have been awarded licenses to store CO2 under the UK North Sea seabed.According to the North Sea Transition Authority (NSTA), which awarded the licenses with an appraisal term of eight years, the Southern鈥
