REG-TotalEnergies SE Norway: First CO2 Storage in Northern Lights

TotalEnergies SEAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250826:nBw2PDjZDa&default-theme=true


Norway: First CO(2) Storage in Northern Lights

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partners, Equinor and
Shell, announce that the first CO(2) volumes were successfully transported by
vessel from Heidelberg Materials’ cement factory in Brevik, Norway to
Northern Lights’ facilities in Øygarden. They were then injected 2,600
meters below the seabed into the storage facilities, 100 km off the coast of
Western Norway.

Northern Lights is the world’s first merchant CO(2) transportation and
storage project. The first phase of the project has a storage capacity of 1.5
Mt CO(2)/year, which has been fully booked by customers from Norway and
Continental Europe. Final Investment Decision of the second phase
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fnews%2Fpress-releases%2Fnorway-totalenergies-and-partners-launch-2nd-phase-northern-lights-ccs-project&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=Final+Investment+Decision+of+the+second+phase&index=1&md5=6abc1a793709db9bf8dd7dca5c6c89b3)
was announced in March 2025, which will increase the project capacity to more
than 5 Mt CO(2)/year from 2028.

The development of CO(2) transport and storage services is one of the
necessary levers for reducing emissions for European industry. Northern Lights
has developed a strong customer base in Norway and continental Europe, with
already five industrial customers: Hafslund Celsio and Heidelberg Materials in
Norway, Yara in the Netherlands, Ørsted in Denmark and Stockholm Exergi in
Sweden.

“With the start of operations of Northern Lights, we are entering a new
phase for the CCS industry in Europe. This industry now moves to reality,
offering hard-to-abate sectors a credible and tangible way to reduce CO(2
)emissions,” said Arnaud Le Foll, Senior Vice-President New Business -
Carbon Neutrality at TotalEnergies.

About Northern Lights

Northern Lights, owned in equal shares by TotalEnergies, Equinor and Shell, is
developing the world’s first cross-border CO(2) transport and storage
infrastructure. Delivering CO(2) transport and storage as a service, Northern
Lights enables mitigation of industrial emissions that cannot be avoided and
accelerates the decarbonization of European industry. Drawing on experience
from over 25 years of CO(2) storage on the Norwegian Continental Shelf,
Northern Lights is at the forefront of developing CCS technologies. The
company will transport liquefied CO(2) from capture sites to an onshore
receiving terminal in western Norway, before transporting it by pipeline for
permanent storage in a reservoir 2,600 meters under the seabed. CCS is a
necessary climate solution to decarbonize industry and reduce or remove
industrial CO(2) emissions. www.norlights.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnorlights.com%2F&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=www.norlights.com&index=2&md5=55bca0cecbe5726c86fd9721a94976ee)

About TotalEnergies and Carbon Capture and Storage

TotalEnergies’ focus is first to avoid emissions and then to reduce them by
developing and deploying a systematic approach, asset-by-asset, to implement
the best available technologies. For its residual emissions and the emissions
of its customers, the Company is developing industrial projects for carbon
storage. Backed by core competencies in large-scale project management, gas
processing and geosciences, TotalEnergies is on track to enable significant
decarbonization of European businesses through projects such as Northern
Lights in Norway, NEP in the United Kingdom, Bayou-Bend in the US, Aramis in
the Netherlands and Bifrost in Denmark.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen,
renewables and electricity. Our more than 100,000 employees are committed to
provide as many people as possible with energy that is more reliable, more
affordable and more sustainable. Active in about 120 countries, TotalEnergies
places sustainability at the heart of its strategy, its projects and its
operations.

@TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=%40TotalEnergies&index=3&md5=d84d3b2edb3a2fdaf349a911caf24057)
TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=TotalEnergies&index=4&md5=80073bd233835969a105d2df60e4326a)
TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=TotalEnergies&index=5&md5=1eb376be06c1d3f593906831b9c2ef6f)
TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=TotalEnergies&index=6&md5=b9040caca577340adaf3d872f1d4d679)

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=54312178&newsitemid=20250824323330&lan=en-US&anchor=%40TotalEnergiesPR&index=7&md5=b16111c85a0f8463f6d1db70f214257a)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20250824323330/en/
(https://www.businesswire.com/news/home/20250824323330/en/)

TotalEnergies


Copyright Business Wire 2025