The three energy giants behind Norway's Northern Lights carbon transport and storage project revealed that they have established a subsidiary to explore direct air capture as a means of driving down emissions in the country.

Equinor, Shell and Total said the newly formed company — also named Northern Lights — aims to deliver a carbon transportation and storage service to help reduce emissions from industrial processes and remove carbon dioxide from the air.

It will work on the technology with Climeworks, a Swiss CO2-removal technology company.