Statoil Sees Success with Carbon Dioxide Project

A three-year multi-nation project on capturing and storing carbon dioxide has helped to put the challenge of this greenhouse gas on the international agenda.

Backed by eight international energy companies, including Statoil, the carbon dioxide capture project (CCP) has assessed and compared available technologies in this area. "The collaboration has moved us a step forward in carbon dioxide management," says Trude Sundset, Statoil's research manager for this issue and its representative in the CCP. "But the project has concluded that a greater commitment to technological development is needed in order to capture and store this gas in a cost-effective way. "We're still a long way from being able to build power stations with carbon dioxide capture, for instance."

Now completed, the collaboration has been useful for Statoil because many of the issues tackled relate to the industry as a whole.

The group has operated the Norwegian part of the project and is hosting a closing seminar today, October 14th. This will present the status of and results from the research program.

US, Canadian and Italian energy companies also participated in the CCP, and will be represented at the seminar along with Norwegian civil servants and environmental organizations.

Statoil is maintaining its commitment to developing carbon dioxide technology, and will participate in the sixth European Union framework research program. Due to start next year, this will include carbon dioxide capture and storage among its subjects.
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