Brief: Horisont Energi And Neptune Energy To Cooperate

Nos Nova AS

30/08/2022 06:16

Aug 30 (Reuters) - Horisont Energi AS  HRGI.OL :
    * HORISONT ENERGI AND NEPTUNE ENERGY TO COOPERATE ON THE
ERRAI CCS
PROJECT IN NORWAY
    * HORISONT ENERGI (EURONEXT: HRGI) AND NEPTUNE ENERGY TODAY
ANNOUNCED SIGNING OF A MEMORANDUM OF UNDERSTANDING (MOU) TO
DEVELOP ERRAI CARBON CAPTURE AND STORAGE (CCS) PROJECT IN NORWAY
    * ERRAI COULD STORE 4-8 MILLION TONNES OF CO2 ANNUALLY, WITH
POTENTIAL TO STORE MORE IN LATER PHASES
    * PROJECT INCLUDES AN ONSHORE TERMINAL FOR INTERMEDIATE CO2
STORAGE, WITH INTENTION TO PERMANENTLY STORE CO2 IN AN OFFSHORE
RESERVOIR

Source text for Eikon:  ID:nObi3vTzwa 
Further company coverage:  HRGI.OL 

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