Aker Carbon Capture, Altera Infrastructure and Höegh LNG to Collaborate on Full Value Chain Offerings for Carbon Capture and Storage

Oslo, Norway, January 31, 2022 /PRNewswire/ — Aker Carbon Capture, Altera Infrastructure and Höegh LNG have entered into a non-exclusive collaboration to explore a full value chain offering for Carbon Capture, Utilization and Storage (CCUS).

“Strategic partnerships with providers of CO2 treatment, transport and storage capacities help optimize the value chain to accelerate the deployment of carbon use and storage. We are delighted to collaborate with Altera Infrastructure and Höegh LNG with their marine infrastructure expertise in our efforts to accelerate the market for CCUS,” said Jon Christopher Knudsencommercial director of Aker Carbon Capture.

The parties will collaborate to offer carbon capture as a service to industrial emitters, enabling cost-effective implementation of the full value chain needed to deliver carbon capture, utilization and storage projects for industrial emitters.

Altera Infrastructure and Höegh LNG are global maritime and infrastructure companies, providing services across the CCUS value chain, including the collection, purification, liquefaction, transport and permanent underground storage of gaseous and liquid CO2. Their Stella Maris CCS project covers large-scale shuttle transport of CO2 to an offshore site for injection and permanent storage in a relevant subsea reservoir.

Ingvild Sæther, Altera Group CEO, said: “Large-scale maritime CCS is seen as the cornerstone of Altera’s future business and a concept we have been working on for over a decade, most recently with our partner, Höegh LNG. We believe the delivery of CCUS will make a significant contribution to net zero and are excited to partner with Aker Carbon Capture as the leader in carbon capture technology. »

The collaboration is non-exclusive, allowing the parties to offer a full value chain offering where the combined technical concept of Aker Carbon Capture’s technology and the processing and shipping capabilities of Altera Infrastructure and of Höegh LNG are best suited, while leaving the parties the flexibility to work with alternative solutions elsewhere.

“These collaborations represent key building blocks of our Carbon Capture as a Service offering; Carbon Capture Made EasyTM, enabling source-to-storage decarbonization on a pay-per-tonne of CO2 captured model,” Knudsen said.

Höegh LNG operates worldwide in a leading position as owner and operator of floating LNG import terminals, FSRUs (Floating Storage and Regasification Units). Höegh LNG is also one of the most experienced operators of LNG carriers (LNGC). We always strive for excellence in our operations to maximize value for our customers, minimize environmental impact and ensure the well-being of our employees. Thus creating value for the group. Our vision is to enable the clean energy transition and the strategy is to drive and embrace technology and business innovation.

Altera Infrastructure is a leading global energy infrastructure services group, primarily focused on owning and operating critical infrastructure assets in the North Sea offshore oil regions, Brazil and the east coast Canada. Altera Infrastructure’s current fleet consists of FPSOs, tank shuttles, tugs and a maintenance and security unit. Through teamwork and innovation, we are shaping offshore energy infrastructure, leading the industry towards a sustainable future.

Media contact:
Ivar Simensencrowd: +47 464 02 317E-mail: [email protected]

Investor contacts:
Christian Yggeseth, crowd: +47 915 10 000E-mail: [email protected]
David Phillipscrowd: +44 7710 568279E-mail: [email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-carbon-capture-as/r/aker-carbon-capture–altera-infrastructure-and-hoegh-lng-to-collaborate-on-full-value-chain-offering ,c3494475

The following files are available for download:

SOURCE Aker Carbon Capture AS

Comments are closed.