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SBM Offshore and Ocean-Power Partner for Offshore Power Generation Concept with CO2 Capture and Storage

PHOTO: SBM Offshore

July 10, 2024

BY SBM Offshore

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DNV Validates Carbon8's Carbon Capture and Utilization Methodology

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By DNV

July 10, 2024

CaptureUtilization

DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. Carbon8’s patented technology permanently captures CO2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard.

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KC8 Capture Technologies has raised AU $10 million to accelerate the deployment of its technology to critical and hard-to-abate industries. The funding round was led by local and global leaders in energy, construction and chemical manufacturing including Woodside Energy (Woodside), Cemex Ventures (Cemex), and a major petrochemical company.

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Value Maritime advances ForestWave sustainability strategy with the supply of two 3MW Filtree Exhaust Gas Cleaning Systems and Carbon Capture units for the general cargo vessels FWN Sea and FWN Sun.

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1PointFive announced it has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by Direct Air Capture (DAC) to date and highlights the increasing adoption of this climate technology as a solution to help organizations achieve net-zero emissions.

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Classification society DNV has published updates to its rules for classification of ships and offshore structures. In addition to rules supporting the development and deployment of decarbonization technologies, the new in-operation class notations seek to bring clarity to the responsibilities of class customers for notations that have a mix of design and operational requirements.

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