Var Energi / Lime Petroleum / OMV
Iroko
In June 2024, the Norwegian Ministry of Energy awarded a CO₂ storage exploration license named Iroko, located about 130 kilometers west of Haugesund in the North Sea. The license is held by a consortium of Vår Energi (operator, 40%), OMV Norge (30%), and Lime Petroleum (30%). The site has the potential to store up to 7.5 million tonnes of CO₂ per year for at least 30 years, totaling approximately 215 million tonnes of capacity
City
Country
Norway
Region
europe
Project name
Iroko
Overview
Full Project Overview
All key information and technical data related to this project
Overview
Company:
Var Energi / Lime Petroleum / OMV
Project name:
Iroko
Project categories:
planned
Country:
Norway
Region:
Europe
Applicant name:
Vår Energi CCS AS, OMV (Norge) AS, Lime Petroleum AS
Status:
Lease
Reference:
https://varenergi.no/news/var-energi-and-partners-awarded-co2-storage-licence-in-north-sea/
Injection rate (Mt/year):
7,500,000
Injection years:
30
Total storage capacity (Mt):
215,000,000
Leased acres:
244,165
Announcement date:
2024-09-20
News
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Permitted Documents
Official approval, consent, and compliance documents issued by authorities, confirming the project is authorised to proceed.