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Procom Venture invests in ZENG AS

The Zero Emission Norwegian Gas (ZENG) Program is being co-developed by Lyse Energi AS, Nebb Engineering AS, Procom Venture AS and CO2-Norway.

In May 2006 the parties formed the company ZENG AS in order to formalise further development of its zero emission power plant process cycle within a business entity that would also enable international commercialisation of the technology and know-how being developed in the ZENG program.

The program is currently undertaking a 7,6 mill NOK Concept Definition study and is working towards an investment decision for a 50 - 70 MWe demonstration power plant at Risavika in 2008. 

The ZENG Program receives financial support from Shell Technology Norway, Statoil, Lyse and the Norwegian government funding agency Gassnova.


 
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