plannedIroko
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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

Capacity
215,000,000 t
Injection rate
7,500,000 t/yr
Status
Lease
Wells
0
Map layers
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

Related News

Explore recent news and developments connected to this project.

Date
Article title
Source
2024-06-20
Partners Awarded CO2 Storage Licence In Norwegian North Sea
2024-12-12
Var Energi takes over operatorship of CO2 storage license
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Permitted Documents

Official approval, consent, and compliance documents issued by authorities, confirming the project is authorised to proceed.