On the 16th of June 2022 OMV Norge AS signed a co-operation agreement with Nemo Maritime on reservoir research for large scale batch injection and storage of CO2. As a follow-up of the co-operation the two companies signed a Letter of Intent on the 12th of September to further develop CO2 storage on the NCS based on the Nemo concept for ship transportation with direct injection to offshore storage sites. This LOI forms a basis for Nemo and OMV to develop further steps for a co-operation to develop a complete CCS value chain.

LOI signed with OMV