Vår Energi has agreed to acquire Feistein CCS to support its quest for new carbon capture and storage opportunities on the Norwegian Continental Shelf.
SANDNES, Norway— Vår Energi has agreed to acquire Feistein CCS to support its quest for new carbon capture and storage opportunities on the Norwegian Continental Shelf.
Feistein CCS is said to specialize in maturing large-scale, cost-efficient CO2 storage developments. The acquisition is a strategic fit, according to Ingrid Sølvberg, executive vice president of Technology, Drilling & Subsurface at Vår Energi.