PHOTO: Svante
May 14, 2025
BY Svante
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INEOS Energy and Royal Wagenborg launched and named the first European built offshore CO2 carrier to enable carbon capture storage across Europe. The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.
Svante Technologies Inc. and SAMSUNG E&A announced that they have signed a joint development agreement to jointly develop a set of standardized skid-mounted modular carbon capture plants based on Svante’s novel VeloxoTherm solid sorbent-based carbon capture filter technology, leveraging Samsung’s advanced digital solutions and modularization capabilities.
BKV Corporation announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration projects.
LG Chem announced that it will carry out a demonstration project for CCU (Carbon Capture and Utilization) technology, jointly involving the chemical and steel industries, as part of the Ministry of Science and ICT’s national CCU Mega Project.
Berge Bulk has completed the installation of a carbon capture system on board its 63,000 DWT Ultramax vessel, Berge Yotei, marking a key step in its decarbonization journey under the company’s signature Maritime Marshall Plan for decarbonization.