Subsea7 Secures Contract for Northern Lights CO2 Transport and Storage Project
Oslo-listed Subsea7 has been awarded a contract by Equinor for the second phase of the Northern Lights CO2 transport and storage project offshore Norway. The contract is valued between $50 million and $150 million.
Subsea7’s scope of work includes engineering, procurement, construction, and installation of a five-kilometre CO2 pipeline, along with integrated satellite structures, umbilicals, tie-in, and pre-commissioning activities.
The fabrication of the pipeline will take place at Subsea7’s spoolbase in Vigra, Norway, with offshore operations scheduled for 2026 and 2027.
Project Overview
The Northern Lights project is a collaboration between Equinor, Shell, and TotalEnergiesis. The first phase of the project has been completed and is set to receive CO2 from Norwegian and European industrial emitters starting this summer. The initial CO2 transport and storage will come from Heidelberg Materials’ cement factory in Brevik as part of the Longship project initiated by the Norwegian government.
Recently, the three companies made a $717 million investment decision to expand the project’s capacity following a commercial agreement with Stockholm Exergi, a Swedish energy provider. This expansion will enable cross-border transport and storage of up to 900,000 tonnes of biogenic CO2 annually.
Expansion Plans
The second phase of the Northern Lights project will increase the transport and storage capacity from 1.5 million to a minimum of 5 million tonnes of CO2 per year. The expansion includes additional onshore storage tanks, pumps, a new jetty, injection wells, and more CO2 carriers. The new infrastructure is expected to be operational by the second half of 2028.