Sustainable Power Delivering the energy Europe needs
Wintershall Dea is committed to delivering the energy the planet needs while helping to meet climate goals. Globally our company is focused on being carbon neutral in all of our upstream operations by 2030*
Wintershall Dea is developing and utilising a series of measures and strategies to help deliver the sustainable energy that Europe needs. We already supply a number of our offshore facilities with renewable hydropower from the Norwegian mainland and we are planning to electrify even more. As well as turning off the gas-powered turbines running these platforms, we are constantly looking for advanced energy saving measures that enhance their performance as some of the cleanest in the world.
Technology advancement is at the heart of what we do, and we are examining ways we can use our natural gas-weighted portfolio to provide low-carbon hydrogen for heavy industry in Europe. We also have other ways to help develop clean industry on the continent. We plan to abate greenhouse gas emissions from our European partners by developing supply chains that will take carbon dioxide from around Europe and safely store it in underground reservoirs on the Norwegian continental shelf.
Carbon Capture and Storage
We believe that Norway has the potential to be a hub for the safe storage of carbon dioxide. The underwater geology has safely contained oil and gas for millions of years so is perfect for storing CO2. We are already a partner on the Snøhvit field, which has been capturing and storing its own emissions since 2007. But we also believe there is a market and a need to capture carbon dioxide from heavy industry in Europe and safely house it in underground reservoirs here. Our expertise from years of exploration and production of hydrocarbons, means we are rigged to play a major role in this emerging industry. In 2022 we signed an agreement with Equinor to explore the development of sophisticated European value chains to transport the gas from mainland Europe to the Norwegian continental shelf. Our goal is to store between 20-30 million tonnes of CO2 per year – equivalent to around half of Norway’s total emissions.
Wintershall Dea is aiming for net zero CO2 emissions in our upstream activities by 2030
Wintershall Dea is part of the global Aiming for Zero Methane initiative
Wintershall Dea has a target of storing between 20-30 million tonnes of CO2 per year
Awarded first CCS licence in Norway
As Norway’s second largest exporter of natural gas, we are delivering the energy that Europe needs, while investing in the hydrocarbon which will help lead the energy transition. As well as being a cleaner alternative to coal, natural gas can also be transformed into clean hydrogen, which we believe will be a significant energy source for the future. We are investing in technology to lead this transition, providing Norwegian hydrogen to European industry.
With assets along the whole of the Norwegian continental shelf, we are working with our partners to deliver energy to Europe in as clean a manner as possible. We are a gas weighted company, meaning our production is already focused on the cleanest of the fossil fuels. But we also have a keen focus on reducing greenhouse gas emissions through energy efficiency and cleaner logistics. In our marine operations, we are working with other nearby operators to share boats. We are also developing our marine fleet to run on battery power.
Together with our partners, we are investing in new fields that will be powered by electricity rather than hydrocarbon turbines. Our Vega field is already electrified, taking sustainable hydropower from shore. By developing the Nova field as a subsea tie-back to the nearby Gjøa platform, we will take electricity from shore on our next producing asset as well.
We are also committed to equipping older fields in a way that will allow them to transition to electrical power. Partner-led assets, where we share a stake, such as Edvard Grieg and Njord, will benefit from power from shore to deliver even cleaner energy.