Wood is delivering carbon solutions for nearly half of Norway’s CCS licenses

Wood is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.
The company has successfully assessed the technical feasibility of the Trudvang, Luna and Havstjerne CCS projects, which combined can store up to 21 million tonnes of CO2 annually, the equivalent of nearly half of Norway’s total CO2 emissions in 2023 (46.6 million tonnes).
Wood’s comprehensive techno-economic assessments – the method for evaluating the economic performance of technology – have laid the groundwork for sustainable CO2 transportation solutions, enabling the projects to progress to the next stage of development. The assessment included cutting-edge flow assurance simulations, development of CO2 specifications, specialised subsea field layouts and innovative marine loading and offloading solutions.
Azad Hessamodini, Executive President of Consulting at Wood, said: “I am incredibly proud of our advisory team’s dedication and expertise, which have been instrumental in driving these projects forward. Our long-standing presence in the North Sea, combined with the strategic scopes of work we have secured in the Norwegian Continental Shelf, underscore our commitment to bringing investible and scalable decarbonisation solution to the region. We are honoured to support Norway in its journey towards a low carbon future.”
The CCS licenses are owned by Sval, Storegga and Vår Energi (Trudvang), Wintershall Dea and Total (Luna) and Wintershall Dea and Altera (Havstjerne). Wood’s technical experts from Stavanger, Sandefjord, Galway, Aberdeen and Reading are working together to deliver these scopes.
With over 30 years of experience in CCS and more than 200 global carbon capture studies delivered, Wood has a proven track record of executing CCS Solutions across the value chain, from capture to injection. Our knowledge and implementation expertise position us as a trusted partner in the global effort to reduce carbon emissions.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























