Image courtesy of the Northern Endurance Partnership // Balfour Beatty
July 2, 2025
BY Balfour Beatty
Advertisement
Advertisement
Brazil has launched a national CCUS Subcommittee under its Ministry of Mines and Energy to implement the country’s 2024 Fuel of the Future law and anchor its strategy for COP30. The group brings together Petrobras, TotalEnergies, FS Energia, SLB New Energy, and other key stakeholders to advance carbon capture, storage, and regulatory frameworks.
MODEC has received Approval in Principle from the American Bureau of Shipping for its Floating Storage and Injection Unit (FSIU), designed to handle liquid CO₂ at sea. The unit can receive, store, and inject up to 10 million tonnes of CO₂ annually into subsea reservoirs, eliminating the need for onshore storage and pipelines.
Babcock’s LGE business has secured Approval in Principle from Lloyd’s Register for its ecoCPTR® onboard carbon capture system. The technology combines Aqualung’s facilitated transport membrane capture with Babcock’s ecoCO2® system, offering a compact, modular solution for both new and retrofitted vessels.
The Government of Canada has announced $5.8 million in funding for carbon capture, utilization, and storage projects in British Columbia. The investments will support Svante, Anodyne Chemistries, and Agora Energy Technologies in advancing CO₂ capture, storage, and conversion innovations, from flue gas utilization to producing valuable chemicals.
PTTEP has reached a final investment decision on Thailand’s first carbon capture and storage project at the Arthit gas field. With operations expected to start in 2028, the project will capture and store up to 1 million tonnes of CO₂ annually while aligning with the nation’s Net Zero targets.