Prof. Lynn Loo on GCMD completing the world’s first end-to-end value chain for onboard captured CO2 // Global Centre Maritime Decarbonisation
July 2, 2025
BY Global Centre for Maritime Decarbonisation
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Technip Energies and Shell Catalysts & Technologies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO2 Capture System.
Vår Energi and licence partners, Storegga and INPEX Idemitsu Norge, announce that the Trudvang CO₂ storage project has successfully passed feasibility gate (DG1), marking a major step toward realising one of Europe’s most advanced and strategically located carbon storage hubs.
Cresta Fund Management LLC (Cresta), a Dallas-based private equity firm that invests in low-carbon molecule infrastructure and solutions, announced an investment in Lapis Carbon Solutions (Lapis) through its recently launched Cresta Sustainable Fund II (Sust. Fund II). The new co-investment is expected to accelerate the development of Lapis’ anchor projects and expand the broader pipeline of project opportunities.
TGS, a global leader in energy data and intelligence, has partnered with Equinor to advance the digitalization of carbon capture and storage (CCS) operations. Their software delivers real-time, reliable data to enable more efficient workflows and informed decision-making across the CCS lifecycle.
1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies as a solution to address emissions.