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MODEC is Awarded Approval-in-Principle from American Bureau of Shipping for LCO2 Floating Storage and Injection Unit

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By MODEC, Inc.

September 17, 2025

Storage Transport 

MODEC has received Approval in Principle from the American Bureau of Shipping for its Floating Storage and Injection Unit (FSIU), designed to handle liquid CO₂ at sea. The unit can receive, store, and inject up to 10 million tonnes of CO₂ annually into subsea reservoirs, eliminating the need for onshore storage and pipelines.

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Babcock’s LGE business has secured Approval in Principle from Lloyd’s Register for its ecoCPTR® onboard carbon capture system. The technology combines Aqualung’s facilitated transport membrane capture with Babcock’s ecoCO2® system, offering a compact, modular solution for both new and retrofitted vessels.

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The Government of Canada has announced $5.8 million in funding for carbon capture, utilization, and storage projects in British Columbia. The investments will support Svante, Anodyne Chemistries, and Agora Energy Technologies in advancing CO₂ capture, storage, and conversion innovations, from flue gas utilization to producing valuable chemicals.

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Capsol Technologies has been awarded a feasibility study for a European Bioenergy with Carbon Capture and Storage (BECCS) project. The biomass-fired combined heat-and-power plant under evaluation could remove more than 200,000 tonnes of CO₂ annually while supplying renewable heat to local communities.

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PTTEP has reached a final investment decision on Thailand’s first carbon capture and storage project at the Arthit gas field. With operations expected to start in 2028, the project will capture and store up to 1 million tonnes of CO₂ annually while aligning with the nation’s Net Zero targets.

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The U.S. EPA is seeking public comment on a draft permit for Marquis Carbon Injection LLC to store CO₂ underground in Putnam County, Illinois. The project would allow injection of up to 1.5 million metric tons annually over six years, with long-term monitoring to ensure safe sequestration and protection of drinking water.

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Latvia’s Prime Minister Evika Siliņa recently visited SCHWENK’s cement plant in Brocēni to see Capsol Technologies’ carbon capture unit in action. The demonstration highlighted CapsolGo®’s ability to efficiently capture CO₂ while integrating seamlessly with existing plant operations.

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Chemists at the University of Copenhagen have developed a method to transform PET plastic waste into a powerful new material for CO₂ capture. The material, called BAETA, can absorb carbon emissions efficiently and be regenerated for reuse, offering a scalable, low-energy alternative to existing capture technologies.

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Nuada’s next-generation carbon capture solution is now operational at enfinium’s Ferrybridge-1 energy from waste facility in West Yorkshire. The trial will showcase the performance of Nuada’s carbon capture technology in an industrial EfW setting for the first time.

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North Dakota’s Department of Agriculture is inviting grant proposals from ethanol producers under its Low Carbon Fuels Program, aiming to fund capital projects that cut carbon intensity.

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Deep Sky, in partnership with Quebec-based Skyrenu, has completed North America’s first permanent underground storage of CO₂ captured directly from the atmosphere, a full carbon removal loop achieved at Deep Sky Alpha in Innisfail, Alberta.

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Clean Refineries has partnered exclusively with Eden Carbon Solutions to deploy integrated technology that captures CO₂ emissions and converts them into sustainable aviation fuel across North America.

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A University of Houston team led by Professor Mim Rahimi has developed a membraneless electrochemical amine regeneration process that achieves over 90% CO₂ removal at roughly $70 per ton, significantly reducing both costs and energy use.

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ION Clean Energy has unveiled ICE Blocks™, their new line of self-contained, modular carbon capture units tailored for smaller post-combustion emission sources like natural gas facilities and other hard-to-abate flue gas emitters. The units, designed in partnership with Modular Plant Solutions, are quickly deployable, scalable, and transportable via road, rail, or sea.

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Equinor, Shell, and TotalEnergies have stored the first CO₂ volumes at Norway’s Northern Lights CCS project, marking the world’s first operational open-access CO₂ transport and storage facility. Phase 1 capacity of 1.5 million tonnes per year is fully booked, with Phase 2 set to expand to 5 million tonnes annually.

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Mitsubishi Electric signs collaboration agreement with Industrial Technology Research Institute, the Taiwan Tobacco & Liquor Corporation and Jhunan Brewery for demonstration tests to capture and utilize CO₂ from brewery flue gas in a beer production line.

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Block Energy is pleased to announce that it has completed its initial CO2 injection as part of the Carbon Capture and Storage ("CCS") project. Following data review, injection rates will likely be optimised, providing the potential to increase per-well injection capacity.

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John Crane, a global leader in rotating equipment solutions, and a business of Smiths Group plc, is proud to support one of the UK’s most significant carbon capture and storage initiatives with the supply of advanced dry gas sealing technology for high-performance CO₂ compression.

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The Sweetwater Carbon Storage Hub successfully completed the drilling operations for a second deep-characterization well, a key step in advancing commercial-scale carbon sequestration in Wyoming.

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Coastal Bend LNG, developer of a multi-train natural gas liquefaction and export facility along the Texas Gulf Coast, announced it has commenced a front-end engineering and design study with Solvanic for electrochemically mediated amine regeneration carbon capture at its Coastal Bend LNG facility.

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Summit Carbon Solutions has a new CEO, Joe Griffin, who authored letters this week to signed and unsigned landowners along the carbon pipeline project route.

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Global Infrastructure Partners announced that it has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS Holding, a leading global platform in the carbon capture, utilization, and storage (“CCUS”) sector. The agreement also grants Eni CCUS the right to participate in potential future projects.

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OCOchem and ADM announce a production partnership between the companies to build an innovative new CO2 conversion facility at one of ADM's existing locations.

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STAX Engineering is building momentum in the UK market, participating in a consortium that secured £1.1 million (US $1.5 million) in government funding led by carbon capture startup Seabound for its first major European project. The PortZero project tackles one of the maritime industry’s most pressing challenges: decarbonizing port operations while improving air quality in port communities.

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Al Nouf Independent Power Producer project will be designed to offer high efficiency, operational flexibility, and reduced emissions. The advanced plant will enable the further integration of renewable and clean energy by primarily providing transitional capacity.

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Iluka Resources has awarded JordProxa the contract to supply a custom-engineered CO₂ capture plant for its flagship Eneabba rare earths refinery in Western Australia, a first-of-its-kind facility in Australia and among only a few rare earths refineries outside China.

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An industry consortium comprised of leading steelmaker sare undertaking a pre-feasibility study to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia. The CCUS Hub study is the first independent industry-led study of its kind in Asia and will examine the technical and commercial pathways to utilising CCUS in hard-to-abate industries across Asia.

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Halliburton announced a contract award to provide completions and downhole monitoring services for the Northern Endurance Partnership carbon capture and storage system in northeast England’s East Coast Cluster. Halliburton will manufacture and deliver the majority of the equipment required for this project from its U.K. completion manufacturing facility in Arbroath.

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Evero, the low-carbon energy-from-waste wood company, has been selected by the UK Government to enter negotiations to transform its Evero Ince Biomass plant into the nation's first Bioenergy with Carbon Capture and Storage facility. This project looks to provide clean energy to the grid while permanently removing CO₂ from the atmosphere.

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Ethanol Producer Magazine has proudly announced dates for the 42nd annual FEW, taking place on June 2-4, 2026. The industry’s premier event will return to St. Louis, Missouri and be held at the America’s Center. As the longest-running and largest ethanol conference in the world, the FEW 2026 will continue to provide insights and opportunities that shape the ever-changing future of the ethanol industry.

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