SLB Lands Key Role in Norway’s Havstjerne Carbon Storage Project
Event summary
- SLB selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea.
- Project received 225 million euros from the EU Innovation Fund in 2025.
- SLB to coordinate concept and front-end engineering and design (FEED) phases, including subsurface analysis, well design, and subsea infrastructure.
- Havstjerne aims to provide large-scale offshore CO2 storage for European industrial emitters.
- Appraisal well drilled in 2025 confirmed reservoir quality suitable for CO2 injection and storage.
The big picture
SLB’s role in the Havstjerne project underscores the shift toward large-scale carbon storage solutions as part of the energy transition. The project’s integrated approach and significant EU funding highlight the growing investment in offshore CO2 storage infrastructure to support industrial emitters across Europe. The success of Havstjerne could set a precedent for future carbon storage developments, emphasizing the need for technical coordination and cost-effective solutions.
What we're watching
- Technical Integration
- How SLB’s integrated approach will affect the project’s technical coordination and reduce interfaces.
- Cost Efficiency
- Whether the low-pressure floating storage and injection concept can deliver on cost and commercial flexibility.
- Regulatory Support
- The pace at which EU funding and regulatory support will accelerate similar carbon storage projects.
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