CO₂ storage is of particular interest to Norway since the Norwegian continental shelf offers abundant storage capacity and therefore has the potential to become the major sink for CO₂ captured in Europe.
A central aim of SP3 is to develop the scientific basis required for the establishment of safe and long-term geological storage of CO₂. One research focus is to evaluate the CO₂ storage capacity for North Sea aquifers by collecting and interpreting geological and dynamical information from key aquifers. The development of a methodology required for qualifying pore volumes and seals for safe and long-term underground storage of CO₂ is an essential part of this work. Another focus is the long-term behaviour of CO₂ storage sites with respect to safety margins and mechanisms for CO₂ migration. In addition, there will be research focusing on improved monitoring methods of storage sites to enable early detection of leakages and efficient remediation.

Strategy and value creation:

The value creation from SP3 is linked to the potential realisation of long-term and safe storage resources that represents a major opportunity for value creation for all stakeholders:

• Potential large nationals assets important to each country governing the resources
• Important business opportunity for governing public institutions, the oil industry, and service companies with increased value on critical information on suitable storage sites