Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

By Entropy Inc.

June 25, 2025

Storage 

Entropy Inc., a subsidiary of Advantage Energy Ltd., has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of approximately $15 million (subject to adjustment) based on commercial milestones achieved by various projects .

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Heidelberg Materials Opens CCS Facility in Norway, Marks New Era of Sustainable Construction

By Heidelberg Materials

June 25, 2025

Capture Storage 

Heidelberg Materials has officially inaugurated Brevik CCS in Norway, the world’s first industrial-scale carbon capture, and storage (CCS) facility in the cement industry. Brevik CCS will capture around 400,000 tons of CO₂ per year, representing 50% of the plant’s emissions – and equivalent to the amount of CO₂ emissions per passenger for roughly 150,000 round-trip flights between Frankfurt and New York.

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Seatrium Signs Letter of Intent with Solvang ASA for CCS Installation and Retrofitting

By Seatrium

June 25, 2025

Capture Storage 

Seatrium Limited announced the signing of a Letter of Intent (LOI) with long-term strategic Favoured Customer Contract partner Solvang ASA, Norway, for installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems. The milestone LOI was formalized during Nor-Shipping 2025 in Oslo, reinforcing the companies’ shared commitment to sustainable maritime solutions.

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PETRONAS, MISC and MOL Announce Landmark Joint Venture to Advance Cross-Border CO2 Transportation

By PETRONAS

June 24, 2025

Project Development Storage Capture Transport 

PETRONAS CCS Ventures, MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the incorporation of a strategic joint venture. This joint venture will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites.

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SLB Introduces Sequestri Carbon Storage Solutions

By SLB Capturi

June 24, 2025

Storage Capture Project Development 

Global energy technology company SLB launched Sequestri™ carbon storage solutions — a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects. The Sequestri portfolio addresses the unique challenges of long-term carbon storage, providing tailored hardware and digital workflows that improve decision-making across the full carbon storage value chain.

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