Following a vote in the Norwegian parliament, the Government of the Kingdom of Norway announced its approval of the final investment decision for the Northern Lights project, enabling the shipping, reception and sequestration of CO2 in geological strata in the Northern North Sea, approximately 2,600 meters below the seabed. This approval demonstrates the Norwegian government's strong support for the development of a Carbon Capture and Sequestration (CCS) value chain, which is essential if Europe is to achieve its carbon neutrality targets. With mergers clearances process underway, it will enable Total, Equinor, and Shell, the partners in this project, to launch the construction phase of Northern Lights. " The development of the carbon capture and sequestration value chain is essential to decarbonize Europe's industries.