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SDTR Marine enters JDP to explore CCS with DNV

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By SDTR Marine

January 23, 2024

CaptureStorageProject Development

SDTR Marine and DNV entered a Joint Development Project (JDP) to conduct a Carbon Capture and Storage (CCS) feasibility study for our 85,000 DWT Kamsarmax bulk carrier.

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Capture6 announced the signing of a Memorandum of Understanding with K-water and BKT to develop a pilot facility in South Korea. The partners agreed to use K-water’s desalination facility and technologies of Capture6 and BKT to capture CO₂, recover freshwater, minimize brine discharge, and extract green chemicals.

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8 Rivers Capital, LLC announced it is developing the Cormorant Clean Energy Project, an ultra-low-carbon ammonia production facility in Port Arthur, Texas. The Cormorant project will be powered by 8 Rivers’ proprietary 8RH2 hydrogen process, representing the first commercial deployment of the technology.

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CGG, a global technology and HPC leader, and C-Questra, an independent European operator specializing in the CO2 storage value chain, have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS).

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Parallel Carbon announced that they closed a $3.6 million Seed funding round amidst COP28. The financing backs Parallel Carbon’s groundbreaking process of utilizing renewable energy for clean hydrogen production while pulling carbon dioxide from the atmosphere.

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ADNOC announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects. 

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TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP® project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.

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PTTEP will utilize its knowledge and experience to conduct a study on carbon storage potential in the Northern Gulf of Thailand together with INPEX CORPORATION under an international collaboration between the Thai Department of Mineral Fuels (DMF) and Japan Organization for Metals and Energy Security.

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Petrofac has begun a multi-million-dollar front-end-engineering design (FEED) for the Netherlands’ flagship carbon transport and storage (CCS) system, Aramis. The development marks a significant step towards achieving the European Union’s decarbonisation targets announced in the European Green Deal and the Dutch Climate Agreement.

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C-Capture announced the start of Europe’s first carbon capture trial on a mainstream flat glass manufacturing plant. The project aims to demonstrate that a low-cost carbon capture solution is a reality for difficult-to-decarbonise industries in the race to net zero.

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Essar Oil UK has selected Topsoe to provide its sustainable flue-gas treatment technology, SNOXTM, for Essar’s planned £360 million Essar Energy Transition Industrial Carbon Capture facility.

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California Resources Corporation and its carbon management business, Carbon TerraVault, announced that the U.S. EPA released draft Class VI well permits for underground CO2 injection and storage in CTV’s 26-R reservoir located within the CTV I CCS vault at the Elk Hills Field in Kern County, California.

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Canada Growth Fund Inc. (“CGF”) and Advantage Energy announced that CGF has entered into a strategic investment agreement with Entropy Inc., a Calgary-based developer of technologically-advanced carbon capture and sequestration (“CCS”) projects with the potential to significantly reduce emissions in Canada and worldwide.

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Teck Resources Limited announced the Carbon Capture Pilot Plant at its Trail Operations in southern British Columbia is now operating and successfully capturing carbon dioxide.

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The U.S. DOE Office of Fossil Energy and Carbon Management announced $45.6 million in federal funding for nine projects that will advance CO2 capture technologies and help establish the foundation for a successful carbon transport and storage industry in the United States.

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Woodside Energy has signed a non-binding Memorandum of Understanding with four Japanese companies (Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement Co. Ltd and Kawasaki Kisen Kaisha) to enable studies of a potential carbon capture and storage (CCS) value chain between Japan and Australia.

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The U.S. DOE Office of Fossil Energy and Carbon Management announced seven semifinalists for the development phase of the Direct Air Capture Pre-Commercial Prize to receive a total of $1.05 million in cash awards and technical assistance for technology solutions that reduce CO2 pollution by removing it directly from the atmosphere.

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Summit Carbon Solutions announced that it has acquired 80% of the Right-of-Way (ROW) needed for its proposed carbon capture, transport, and storage project across North Dakota.

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Air Liquide has announced that it will build, own and operate a world-scale carbon capture unit in the industrial basin of Rotterdam, the Netherlands, leveraging its proprietary Cryocap™ technology.

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TITAN has signed a Grant Agreement with the EU Innovation Fund for “IFESTOS”, its pioneering Carbon Capture project in Greece, following its selection in July, in the context of the Fund’s 3rd call for large-scale projects.

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STX Group and Base Carbon Inc. announce the execution of a Letter of Intent to jointly launch a new investment vehicle to develop innovative carbon removal projects.

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The signing of a memorandum of understanding between Santos, JX Nippon Oil & Gas Exploration Corporation (JX) and ENEOS paves the way for a joint feasibility study that will evaluate the potential to capture, transport and sequester emissions from Japan, supporting expansion of the Moomba CCS project.

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Three Class VI permits have been issued by the Department of Environmental Quality (DEQ) – marking the first Class VI permits to be issued for the state of Wyoming. 

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The U.S. Department of Energy announced that it has selected Project Tundra as a recipient of Bipartisan Infrastructure Law funding through its Carbon Capture Demonstration Projects Program. The funding is under award negotiation for up to $350 million.

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Calpine’s Sutter Decarbonization Project will capture up to 1.75 million metric tons of carbon dioxide for permanent sequestration each year, helping California accomplish its net zero emissions targets.

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Crowley and Carbon Ridge Inc with support from the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program, have initiated an advanced, pilot project to reduce emissions impacts using Crowley’s Storm international container ship.

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Industry leaders will collaborate with Nuada to evaluate its next-generation carbon capture technology as a solution to deliver low-carbon cement.

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Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver design studies for a proposed post combustion carbon capture plant at their Grain power station in the Southeast of England, on the Isle of Grain, in Kent.

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enfinium announced its ambition to lead an investment of up to £800 million over the project lifecycle in carbon capture and storage (CCS) technology at one of its UK sites in West Yorkshire.

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Value Carbon and Evos have signed a Letter of Intent, for building two 2,000 m3 storage tanks for absorption liquids to accommodate Value Carbon’s growing CO2 recycling business.

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