Altera Infrastructure files application for Norwegian carbon capture and storage project

Altera Instrastructure has applied for a CO₂ storage license offshore in Norway, a project the shuttle tanker owner believes is key to its future.

The company said on Wednesday that it and German oil and gas producer Wintershall Dea applied for the license together as part of its Stella Maris CCS, or carbon capture and storage, project, allowing it to collect, transport, inject and store 10m tonnes of CO₂ each year if accepted.