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Transocean plans carbon capture storage project with Equinor
Transactions - JANUARY 18, 2022

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Transocean plans carbon capture storage project with Equinor

by Kali Persall

Transocean is planning to drill one carbon injection well and a sidetrack for another carbon injection well drilled early 2020 in support of the Northern Lights Carbon Capture Storage Project, a joint venture created by Equinor, Shell and TotalEnergies.

The project will be undertaken through the company’s Transocean Enabler, a semi-submersible drilling rig designed to operate in harsh environments, as part of its current drilling contract with Equinor, which extends until 2024.

The project aims to mitigate emissions and remove carbon dioxide from the atmosphere by creating the first cross-border, open-source carbon dioxide transport and storage infrastructure network in the European Union.

“We are proud to participate in this important carbon capture and storage project in support of the E.U.’s energy policy and climate objectives,” said Janelle Daniel, vice president of human resources, sustainability and communications at Transocean. “Beyond our core

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