Tag Archives: carbon capture

ANDRITZ to lead pre-engineering of 435 000 tonne per year carbon capture plant in Aarhus

(IN BRIEF) ANDRITZ has been selected to execute the pre-engineering of a large-scale carbon capture plant at Kredsløb’s Aarhus district heating facility, tasked with removing approximately 435 000 tonnes of CO₂ annually using BASF’s OASE® blue solvent technology. The contract, … Read the full press release

DNV Partners with ITS to Boost Indonesia’s Maritime and Energy Education with Focus on Sustainability and Innovation

(IN BRIEF) DNV has signed a Memorandum of Understanding with Institut Teknologi Sepuluh Nopember (ITS) in Indonesia to support the development of the country’s maritime and energy sectors. The partnership includes initiatives such as providing ITS’s academic community with access … Read the full press release

Holcim Launches OLYMPUS Project in Greece, Advancing Europe’s Clean Industrial Deal with Carbon Capture Technology

(IN BRIEF) Holcim has officially launched the OLYMPUS project at its Milaki plant in Greece, aiming to produce 2 million tons of near-zero cement annually starting in 2029. With a EUR 400 million investment, the project is supported by a … Read the full press release

Dawn Summers Proposed for Equinor Board of Directors, Along with Re-Election of Key Leadership Members

(IN BRIEF) Equinor ASA’s nomination committee has proposed Dawn Summers as a new member of the board of directors, with her election taking effect from 1 September 2025. In addition, re-elections for Jon Erik Reinhardsen as chair, Anne Drinkwater as … Read the full press release

Spirit Energy Sells 46.25% Interest in Cygnus Gas Field to Ithaca Energy as Part of Long-Term Energy Transition Strategy

(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release

UP Catalyst, FENC, and Oxylus Energy Win “Best CO2 Utilisation 2025” Award for Transformative Carbon Emission Technologies

(IN BRIEF) The “Best CO2 Utilisation 2025” Innovation Award has been presented to three innovators in the field of carbon capture and utilisation for their groundbreaking work in transforming CO2 emissions into valuable products. UP Catalyst’s technology for producing battery-grade … Read the full press release

Microsoft and CO280 Launch One of the Largest U.S. Carbon Removal Projects with AFRY’s Strategic Support

(IN BRIEF) AFRY has supported Microsoft in finalizing a major 12-year carbon removal offtake agreement with CO280 for ~3.7 million tonnes of biogenic CO₂ removal via a BECCS facility on the U.S. Gulf Coast. The project, one of the largest … Read the full press release

E-Methane Emerges as Key Player in Energy Transition, Says Study Commissioned by GasTerra and Gasunie

(IN BRIEF) A new study by Roland Berger, commissioned by GasTerra and Gasunie, highlights the potential of e-methane as a viable and infrastructure-ready solution to support the Netherlands’ energy transition. Produced from green hydrogen and CO₂, e-methane can be fed … Read the full press release

BBVA and Técnicas Reunidas Forge Alliance to Accelerate Decarbonization and Energy Transition Initiatives

(IN BRIEF) BBVA and Técnicas Reunidas have signed an MoU to foster collaboration in advancing decarbonization and energy transition initiatives. The agreement focuses on enhancing the business of Track, Técnicas Reunidas’ new division specializing in low-carbon technology projects, particularly in … Read the full press release

Skanska and Stockholm Exergi Join Forces to Build Pioneering Carbon Capture Facility in Stockholm

(IN BRIEF) Skanska has signed a SEK 990 million contract with Stockholm Exergi to undertake Phase 2 of the Beccs Stockholm facility project, which includes building the foundations and constructing a quay. The facility, situated in Energihamnen in Värtan near … Read the full press release

Green Financing Fuels Next-Gen Eco-Friendly Container Vessels for Sustainable Shipping

(IN BRIEF) KfW IPEX-Bank has provided EUR 35 million in financing for the construction of two environmentally friendly, 1,200 TEU container feeder ships for Langh Ship, a Finnish shipping company. The ships are equipped with a highly efficient two-stroke, slow-speed … Read the full press release

TotalEnergies, Equinor and Shell Drive Phase Two of Northern Lights: More than €660M Investment to Boost CO₂ Storage Beyond 5 Mt/Year

(IN BRIEF) TotalEnergies, Equinor, and Shell have confirmed phase two of the Northern Lights project, which will increase its CO₂ transport and storage capacity from 1.5 million to over 5 million tons per year by 2028. The project, which is … Read the full press release

Alfa Laval Strengthens Global Energy Portfolio with Strategic Acquisition of Fives Cryogenics

(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release

Revolutionary CCU Breakthroughs Set New Course for Sustainable Industrial Transformation

(IN BRIEF) The CO₂-based Fuels and Chemicals Conference 2025 in Cologne will celebrate the innovative spirit of the CCU industry by presenting the “Best CO₂ Utilisation 2025” award to six groundbreaking technologies. The award highlights solutions that transform CO₂ into … Read the full press release

Shell and Brevik Engineering’s LCO₂ Carrier Design Earns DNV’s Nod for Maritime Innovation

(IN BRIEF) DNV has issued an approval in principle for a newly developed LCO₂ carrier design, a project undertaken by Shell and Brevik Engineering. The vessel design has been rigorously evaluated and is recognized for meeting the stringent safety, technical, … Read the full press release

Wood Selected to Provide Operations and Maintenance for World’s Largest Membrane-Based Carbon Capture Plant

(IN BRIEF) Wood has secured a contract to deliver operations and maintenance services for the MTR Carbon Capture facility in Gillette, Wyoming, the largest membrane-based carbon capture plant globally. This facility is part of the U.S. Department of Energy’s pilot … Read the full press release

Thyssenkrupp Secures Ninth Consecutive Top CDP Climate Rating for Leading Decarbonization Efforts

(IN BRIEF) Thyssenkrupp has achieved the highest rating in the prestigious CDP Climate Rating for the ninth year in a row, recognizing the company’s commitment to decarbonization and transparent emissions reporting. The company’s Decarbon Technologies segment, alongside efforts such as … Read the full press release

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release

Equinor Reports Strong Q4 Results and Announces Up to USD 5 Billion Share Buy-Back for 2025

(IN BRIEF) Equinor reported strong financial results for Q4 2024, with adjusted operating income of USD 7.90 billion and net income of USD 2.00 billion. The company proposed a fourth-quarter dividend of USD 0.37 per share and announced a share … Read the full press release

Bilfinger Expands Engineering Workforce in Czech Republic with Acquisition of 200 McDermott Employees

(IN BRIEF) Bilfinger is expanding its engineering operations in the Czech Republic by integrating approximately 200 McDermott employees from the Brno office into its Bilfinger Engineering & Maintenance Central Eastern Europe (Bilfinger E&M CEE) division, effective December 31, 2024. This … Read the full press release