June 26, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With four licenses awarded for offshore storage, the Norwegian government said Tuesday it was bent on establishing a profitable and sustainable new industry in the country.

The Norwegian Ministry of Energy awarded two licenses to state-backed Equinor (NYSE:EQNR) (Stavanger, Norway) , one to a group consisting of the regional arm of Austrian energy company OMV (Vienna), Norway's Var Energi (Stavanger) and Lime Energy, and one to Aker BP ASA (Lysaker, Norway) and the Norwegian subsidiary of Polish energy firm PGNiG (Warsaw).