{"id":19179,"date":"2023-11-20T19:55:35","date_gmt":"2023-11-20T18:55:35","guid":{"rendered":"https:\/\/wiersholm.no\/nyheter\/"},"modified":"2025-03-13T13:44:00","modified_gmt":"2025-03-13T12:44:00","slug":"wiersholm-has-assisted-northern-lights-jv-on-a-new-milestone-ccs-project","status":"publish","type":"post","link":"https:\/\/wiersholm.no\/en\/news\/wiersholm-has-assisted-northern-lights-jv-on-a-new-milestone-ccs-project\/","title":{"rendered":"Wiersholm has assisted Northern Lights JV on a new milestone CCS project"},"content":{"rendered":"

Wiersholm has assisted Northern Lights JV on a new milestone CCS project<\/h1>\n\n\n
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Blue earth, shot in distance. The elements of this image furnish<\/figcaption><\/figure>\n\n\n\n

Wiersholm has assisted Northern Lights JV in the conclusion of an agreement with Yara Sluiskil B.V. (a subsidiary of Yara International ASA) for the transport and storage of CO2. <\/p>\n\n\n\n\n\n

Northern Lights JV is a joint venture between Equinor, Shell, and TotalEnergies and delivers CO2 transport and storage as a service. The goal is to enable the decarbonisation of industrial emissions and to facilitate the removal of CO2 from the air.<\/p>\n\n\n\n

The ambition of the binding agreement between Northern Lights and Yara International is to capture and store 800,000 tonnes CO2 from the ammonia production in Sluiskil from 2025.<\/p>\n\n\n\n

In 2022, Wiersholm won the award in the category \u201cInnovation in overcoming barriers to finance\u201d at the Financial Times Innovative Lawyers Awards<\/a> for our assistance to the Norwegian government (Norwegian Ministry of Petroleum and Energy) and Northern Lights JV in connection with the establishment of Norway\u2019s first full-scale carbon capture and storage project (CCS), Longship.<\/p>\n\n\n\n

Earlier this year, Wiersholm also assisted Northern Lights in establishing a CO2 Transport and Services Agreement (TSA) with \u00d8rsted<\/a> to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.<\/p>\n\n\n\n

Wiersholm\u2019s CCS team consists of Sondre Dyrland, Karl Even Rygh, Kjetil Stensvik, Sindre Bogen, Bj\u00f8rn Tarek Restan and Arne Sigurd \u00d8verland.<\/p>\n\n\n\n

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Key Contacts<\/h2>\n\n\n
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Karl Even Rygh<\/h3>\n\t

Partner<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n\n

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Kjetil Stensvik<\/h3>\n\t

Partner<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n<\/div><\/div>\n\n\n

Published: <\/p>

20.11.2023<\/div><\/div>

Last modified: <\/p>

13.03.2025<\/div><\/div><\/div><\/div>\n\n\n
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