Norway – TGS and Horisont Energi will jointly develop new Carbon Capture and Storage (CCS) technologies.
The Memorandum of Understanding between the companies signifies a unique collaborative effort to identify and develop efficient methods for both the identification and classification of CO2 storage reservoirs and 4D monitoring technology for the surveillance of CO2 injection. The research will initially focus on Horisont Energi’s acreage on the Norwegian continental shelf. New projects undertaken as part of the collaboration may be announced separately as they occur.
Using both established and emerging imaging and monitoring technologies such as 4D seismic, Distributed Acoustic Sensing (DAS), and P-Cable technology, the companies aim to de-risk and monitor potential CCS reservoirs in Norwegian waters. Initiatives may utilize both active and passive geophysical methods and include seismic processing focused on optimized vertical and horizontal resolution at reservoir level and in the overburden.
Aside from technological benefits, this initiative also aims to promote cooperation between industry, commercial technology providers, and academia to boost global CCS advancement.