
Photo: Halliburton
August 19, 2025
BY Halliburton Company
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Aker Solutions has been awarded a front-end engineering and design contract by KN Energies for a CO₂ transshipment terminal in Klaipėda, Lithuania, part of the EU-backed CCS Baltic Consortium. The terminal, designed to handle approximately 2.8 million tonnes of CO₂ per year from Lithuanian and Latvian industrial sources, is targeted for commercial operation in 2030, with a final investment decision planned for 2027.
Svante Technologies and a sustainable packaging company have moved a BECCS project at a southeastern U.S. paper mill into feasibility study, targeting removal of more than 500,000 tonnes of biogenic CO₂ per year with permanent storage planned in the Gulf Coast region.
Kent has been awarded a front-end engineering design contract by EnEarth for the Prinos CO₂ Storage Project in northern Greece, a first-of-its-kind permitted carbon storage facility in the Mediterranean designed to store up to 2.8 million tonnes of CO₂ annually by 2029.
CURA Climate Inc. and Grand Forks Concrete Ltd. have signed an agreement to build a pilot and first-of-kind commercial plant using CURA's electrochemical process to convert agricultural spent lime into low-carbon cement, advancing circular economy goals across the construction and agriculture sectors.
Svante Technologies has acquired Carbon Alpha Corporation, gaining the North Star BECCS project in Saskatchewan — developed alongside the Meadow Lake Tribal Council — along with CO2 pipeline and storage assets, as the company moves to build out a fully integrated carbon management platform in western Canada.