-- Aker Solutions, Var Energi and Knutsen NYK Carbon Carriers signed an agreement to advance the Trudvang Carbon Capture and Storage project targeting 2 million metric tons annually, Aker Solutions said Sunday.
The companies signed the memorandum of understanding to develop an integrated CO2 transport and storage value chain on the Norwegian Continental Shelf.
The partnership brings together offshore engineering, CO2 storage operations, and marine transport capabilities to strengthen the Trudvang project and deliver flexible, commercial solutions for European industrial clients.
The project uses KNCC's CO2 carriers with dynamic positioning systems alongside Aker Solutions' engineering expertise to enable an unmanned offshore injection platform and direct batch injection.
The development will start with an injection capacity of about 2 million mt per annum and scale beyond 20 million mtpa through modular expansion.
The project will store CO2 in the Utsira Formation, leveraging nearly 30 years of operational experience from the nearby Sleipner field to support long-term storage reliability.
The companies will engage customers, regulators, and stakeholders to strengthen market confidence and accelerate the commercialization of the CCS value chain.
The partners will develop flexible logistics solutions, including medium-pressure and elevated-pressure transport options, to meet varying industrial requirements, Aker Solutions said.
The partnership will optimize infrastructure for unmanned platforms and subsea systems to reduce environmental impact and lower operating costs.
The project will advance direct offshore injection systems to ensure safe and efficient coordination between CO2 vessels and offshore facilities in the North Sea.
Var Energi CCS holds a 40% stake in the Trudvang license, while INPEX Idemitsu Norge and Storegga Norge each own 30%, following the September 2023 award.