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AFX Europe (Focus): Statoil, Shell in plan to raise oil output by injecting CO2 – report

Mar 08, 2006
OSLO (AFX) – Statoil ASA and Shell are to unveil plans to use carbon dioxide from a new gas-fired power plant to inject into the Draugen field on the west coast of Norway to increase oil recovery, Norwegian daily Aftenposten reported, without citing sources.
Statoil last night said it and Shell would launch plans for a joint industrial project today, without giving details.
According to the report, Statoil will build a gas-fired plant at Tjeldbergodden in Norway with technology to harvest carbon dioxide and sell this dioxide to Shell.
This would reduce carbon emissions and increase the recovery rate at oil fields, Aftenposten reported.
The Norwegian government earlier said it will not approve the building of a new gas-fired power plant unless the plant has carbon dioxide cleansing.

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