Höegh LNG has joined Aker Carbon Capture and Altera Infrastructure in a non-exclusive collaboration agreement to explore the prospect of offering carbon capture, utilisation, and storage (CCUS).
"Strategic partnerships with providers of CO2 processing, transport and storage capabilities help to optimise the value chain to fast-track the deployment of carbon capture utilisation and storage. We are pleased to collaborate with Altera Infrastructure and Höegh LNG with their maritime infrastructure expertise in our efforts to accelerate the CCUS market," explained Jon Christopher Knudsen, Aker Carbon Capture CCO.
The companies will collaborate on offering carbon capture as a service to industrial emitters, enabling cost-effective implementation of the full operation needed to realise carbon capture, utilisation, and storage projects.
Altera Infrastructure and Höegh LNG are global maritime and infrastructure companies, providing services in the CCUS arena, including gaseous and liquid CO2 gathering, purification, liquefication, transportation and CO2 permanent underground storage.
Their Stella Maris CCS project covers large-scale transport with shuttling of CO2 to an offshore site for injection and permanent storage in a subsea reservoir.
Ingvild Sæther, Group CEO of Altera said: "Large scale maritime CCS is seen as a cornerstone in Altera's future business and a concept we have been working on for more than a decade, more recently with our partner, Höegh LNG. We believe delivery of CCUS will be required to achieve a meaningful contribution to net zero and we are delighted to be collaborating with Aker Carbon Capture as a leader in carbon capture technology."
The collaboration is non-exclusive, allowing the parties to offer a full value chain at locations where the combined technical concept of Aker Carbon Capture's technology and the processing and shipping capabilities of Altera Infrastructure and Höegh LNG is best suited, whilst leaving the companies with the flexibility to work with alternative solutions elsewhere.
