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Equinor and Partners Approve Execution of UK’s First CCS Projects

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By Equinor

December 11, 2024

CaptureStorageProject Development

Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.

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Nuada and Carbfix have signed a memorandum of understanding to collaborate on delivering integrated carbon capture and storage (CCS) solutions aimed at reducing emissions in key sectors, including cement, lime, steel, waste-to-energy, and bio-energy.

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INEOS and its partners, Harbour Energy, and Nordsøfonden have announced the Final Investment Decision to safely and permanently store carbon dioxide from Danish emitters in a depleted oil field in the Danish North Sea. ‘Greensand Future’ will become the EU’s first operational CO2 storage facility intended to mitigate climate change.

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Hydron Energy Inc. announced it has signed a collaboration agreement with FortisBC Energy Inc. to evaluate the feasibility of using Hydron Energy's biogas upgrading equipment at locations in British Columbia, Canada—potentially improving costs related to the purification of Renewable Natural Gas production and further reducing greenhouse gas emissions.

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Capsol Technologies ASA has been awarded a feasibility study for the CapsolEoP® (end-of-pipe) carbon capture solution by a global energy company at one of its oil refineries. The study is for a plant in Northern Europe aiming to capture 800,000 tons of CO2 per annum.

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SLB recently entered into an agreement with Aramco and Linde that paves the way for the development of a carbon capture and storage (CCS) hub in Jubail, Saudi Arabia, that is expected to become one of the largest globally.

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Renewable energy leader Drax is offering young people an exciting opportunity to develop the skills necessary to drive forward the carbon capture and storage (CCS) technologies of the future, including its groundbreaking Bioenergy with Carbon Capture and Storage (BECCS) project at Drax Power Station.

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SLB Capturi has reached a significant milestone of mechanical completion of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway.

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The BC Centre for Innovation and Clean Energy (CICE) is investing $590,000 in Ekona as part of a $4.2 million investment in seven BC climate tech companies, selected from 79 applicants to CICE’s July 2024 Call for Innovation.

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Finnish green tech company Langh Tech expands its portfolio of exhaust gas treatment solutions for ships by an innovative system for onboard carbon capture (OCC). Langh Tech’s OCC system supports customers in their decarbonization journey by reducing CO2 emissions from ship operation.

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Vantaa Energy recently announced that its project has taken a step forward, with the commencement of environmental impact assessment, zoning, permitting, commercial negotiations and partner procurement phases. Petrofac delivered concept engineering for the project in 2023, engaging with seven potential storage service providers, onshore and offshore, to help Vantaa Energy identify the optimum solution.

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Saipem has been awarded an offshore EPCI contract by BP Berau Ltd. The EPCI contract is part of an integrated project known as Tangguh UCC Project comprising of Ubadari field development, enhanced gas recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore compression, operated by BP Berau Ltd and located in Papua Barat Province, Indonesia.

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Value Group announced that it has secured Energietransitiefonds Rotterdam (‘ETF-R’) as an investor. The fund’s investment will drive the further development of the Value Hub for CO₂ offloading and processing in Rotterdam. The technology captures CO₂, stores it, and allows it to be effectively reused or stored elsewhere.

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bp, on behalf of the Tangguh production sharing contract partners, announced a final investment decision on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC), which has the potential to unlock around 3 trillion cubic feet of additional gas resources in Indonesia to help meet growing energy demand in Asia.

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Genesis Fertilizers has signed a pivotal Front-End Engineering Design (FEED) agreement with DL Engineering & Construction (DL E&C), a South Korean global leader in engineering and construction. This agreement advances Genesis Fertilizers’ plan to finance, design, and construct Canada’s first proposed low-carbon nitrogen fertilizer facility, ensuring a reliable, stable supply for its farmer-owners.

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Carbon capture and removal project developers Return Carbon and Verified Carbon announced “Project Concho,” a pioneering Direct Air Capture (DAC)  hub to be built in Tom Green County, Texas.

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The two companies have signed a collaboration agreement to promote carbon footprint reduction projects through the development of a CO2 capture, transmission and storage logistics chain.

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Viva Bio LLC, a leader in sustainable material innovation, announced its recent patent filing covering thousands of novel Metal-Organic Frameworks (MOFs) designed for carbon capture in industries such as Power Generation, Oil & Gas, Cement, Plastics, and more.

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Henkel Corporation and Celanese Corporation have announced a partnership to enhance circularity in emulsion production by utilizing carbon capture-based materials. Through this collaboration, Henkel will now produce water-based adhesives made from captured CO2 emissions.

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Summit Carbon Solutions announced the submission of its permit application to the South Dakota Public Utilities Commission. This filing reflects extensive engagement with South Dakotans to create a pipeline route shaped by direct stakeholder feedback, supporting agriculture and advancing energy innovation.

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Equatic announced the appointment of new leadership, laying the foundation for continued growth and momentum. The appointments represent a new chapter of growth for Equatic, as it prepares to launch the world’s largest ocean-based carbon removal plant and tracks toward carbon removal for less than $30 per ton by the end of the decade.

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E.ON and Yorkshire Water have signed a memorandum of understanding to explore a range of opportunities that could improve energy efficiency and reduce carbon emissions from their respective sites – from capturing heat from the wastewater treatment works, to capturing carbon emissions from the biomass power station.

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Technip Energies and Shell Catalysts & Technologies have agreed to strengthen their relationship and will be moving towards global exclusivity for the delivery of amine-based post-combustion carbon capture based on Shell’s cutting-edge CANSOLV* CO₂ Capture System.

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Deep Sky, the Canadian carbon removal project developer, has sold carbon removal credits to its founding buyers including Royal Bank of Canada and Microsoft. In return, Deep Sky intends to facilitate the removal of 10,000 tons of CO2 from the atmosphere over a 10-year period via Deep Sky Labs, the world’s first carbon removal innovation and commercialization center.

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Carbon Upcycling, the Minnesota Department of Transportation (MnDOT) and the National Road Research Alliance (NRRA) has successfully completed a three-year study on the use of low-carbon cement in highways. The results highlight Carbon Upcycling's ability to be a drop-in solution for reducing carbon-intensive cement in concrete.

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Denmark INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO₂ transportation. This multi-year agreement, a significant step towards advancing carbon capture and storage (CCS) within the European Union, will see Royal Wagenborg supply a newly built CO₂ carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.

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Babcock & Wilcox announced that it has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide (CO2) capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.

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ABB has launched a new white paper, detailing the challenges the global cement industry must tackle to decarbonize operations in line with global emissions reduction targets and the vital role technology will play in the success of this endeavor.

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According to a report released by Carbon Direct, the voluntary carbon market is at a key inflection point: carbon dioxide removal (CDR) is growing rapidly, however it still only represents 4% of available carbon credits in today's US$1 billion market.

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Alto Ingredients, Inc. announced it entered into a CO2 Transportation and Sequestration Agreement with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at Alto Ingredients’ Pekin campus.

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