Following the company's delivery of the first phase of the Northern Lights project in 2024, Aker Solutions secured a substantial contract for the Northern Lights Phase 2 project.

Equinor, a technical service provider, awarded this contract on behalf of this joint venture.

The project is due to commence in the second quarter of 2025 and will be completed in 2028. The contract includes aligned incentives, which are essential for safe and efficient delivery, as well as a balanced risk-reward profile.

The purpose of Northern Lights Phase 1, as part of Norway’s Longship project, is to create a full-scale value chain that incorporates CO2 capture, transport, and storage. With the first phase of development complete, the Norwegian and European industrial emitters can start sending CO2. Phase 2 will expand capacity for transport and storage from 1.5 million to 5 million tonnes of carbon dioxide annually thanks to a grant provided by the Connecting Europe Facility for Energy (CEF Energy).

Within this project, Aker Solutions will focus on the onshore facilities, including the engineering, procurement, and construction (EPC). Their involvement will also include work for the project’s locations at Fornebu and Stord, Norway, and Mumbai, India.

Henrik Inadomi, Executive Vice President for New Energies at Aker Solutions, commented “This contract is significant for Aker Solutions and aligns well with our strategy and ability to deliver standardized solutions for projects in the CCUS value chain. This is the fourth project with CO2 storage solutions which we are executing, and this journey has enabled us to continuously reduce costs. Northern Lights strengthens Norway's position as a leader in CCS projects globally, and we are proud to be part of this important initiative.”