Baker hughes and horisont energi sign mou for groundbreaking offshore barents sea carbon capture, transport and storage project

Houston & sandnes, norway--(business wire)--baker hughes (nyse:bkr) and horisont energi as (euronext:hrgi) have signed a memorandum of understanding (mou) for the polaris carbon storage project off the northern coast of norway. under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (ccts). this agreement further reinforces baker hughes' and horisont ener
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