Further funding for the Technology Centre Mongstad

In the National Budget 2014, the Government is proposing further funding of NOK 450 million for the Technology Centre Mongstad (TCM) over the period 2014 to 2017. NOK 150 million of funding is proposed for 2014.

“The Government wishes to strengthen efforts to develop CO2 capture technology. TCM is the world’s largest centre of its kind, and has the capacity to test several different types of technology for this purpose. The work being done at TCM is important for achieving the objective of developing cost-effective CO2 capture technologies,” says Minister of Petroleum and Energy Ola Borten Moe.

The new funds will be used to modify and further develop the existing facilities at TCM, and for the centre’s testing of new technologies.

TCM is owned by the Norwegian State (72.12 per cent, through Gassnova), Statoil (20 per cent), Shell and Sasol (2.44 per cent each). Read more about the test centre on the TCM website.

 

Related news

Latest news

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project. 

New 55'' Ultra High Definition Chart and Planning table passes Type Approval testing

Most advanced maritime display system ever produced, the 55'' Ultra High Definition Chart & Planning table, enables Integrated Bridge System manufacturers to develop new multi-data solutions.

Norsafe's experience in the Polar Code Pays Off

In readiness for the introduction of the Polar code, Norsafe has become the first LSA supplier to have executed full scale tests and trials 

Øglænd System Group winner of Business of the Year Award

Øglænd System Group won the Business of the Year Award in the Stavanger-region 2016.