Tag: Carbon capture and storage (CCS)

INEOS, Harbour Energy, and the Danish North Sea Fund announced that they will begin storing CO2 underground in the North Sea in 2025/2026.

A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential captured CO2 sources and sequestration hubs.

Nippon Yusen Kabushiki Kaisha (NYK), its group company Knutsen NYK Carbon Carriers AS (KNCC), and JFE Shoji Corporation (JFE Shoji) have recently completed a feasibility study confirming production facilities, production capacity, and the costs for steel materials used for the manufacturing of LCO2-EP cargo tanks.

Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate, Knutsen NYK Carbon Carriers AS (KNCC), are conducting a joint constructability study for a 40,000 cbm terminal-to-terminal liquefied CO2 (LCO2) vessel.

DNV has certified the feasibility for CO2 storage of ADNOC’s West Aquifer site in the UAE, marking a significant step in the region’s efforts toward carbon capture and storage (CCS).

Onboard carbon capture and storage (CCS), a technology based on liquid absorption, makes it possible to reduce carbon emissions by up to 70%, according to Wärtsila. 

Northern Lights, a key carbon capture and storage (CCS) project, has completed the first round of sea trials for its new CO₂ transport vessel, Northern Pioneer. 

Several organizations have partnered with the Japan Organization for Metals and Energy Security (JOGMEC) to work on a carbon capture and storage project. 

Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd. (“K” LINE), and Hilcorp Alaska have entered into a joint study agreement to explore the feasibility of carbon capture and storage (CCS) in Alaska, USA.

On September 26, 2024, the Northern Lights CO2 transport and storage facility in Øygarden, near Bergen, officially opened, marking a significant milestone as the world's first cross-border CO2 transport and storage facility.