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The acquisition includes Neptune’s gas-oriented assets and operations in Western Europe, North Africa, Indonesia, and Australia
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The company has said using renewable energy will reduce the carbon footprint of the plastic by up to 30%
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This will see a new pipeline transport the gas from Norway to Germany and more renewable infrastructure built
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It is part of their efforts to reduce and remove greenhouse gas emissions, with plans to explore cross-border market development for CCS and CDR
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Hywind Tampen will provide around 35% of the electricity demand of the Gullfaks and Snorre oil and gas fields
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They have committed to cut emissions associated with fossil energy production and consumption, particularly to reduce methane emissions
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A deal has been struck to build zero-emission shipping routes between the UK, US, Norway and the Netherlands
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The government has also committed to present annual climate action plans that will set out how the nation intends to achieve its goals
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A Norwegian archipelago in the Arctic Ocean warming at six-times the average rate…
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Indonesia will set the strategy and manage the funds while Norway will contribute annual results-based financial contributions for the emissions reductions
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They plan to transport CO2 from continental Europe and inject and store it in suitable reservoirs on the Norwegian Continental Shelf
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Northern Lights and Yara will transport CO2 captured from an ammonia and fertiliser plant in the Netherlands and permanently store it under the seabed off the coast of Norway
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