Hoegh LNG in CCUS move

Floating player Hoegh LNG has entered a non-exclusive collaboration with Aker Carbon Capture and Altera Infrastructure to explore a full value chain offering for carbon capture, utilization, and storage (CCUS).

According to a joint statement on Monday, the partners would collaborate on offering carbon capture as a service to industrial emitters.

This enables “cost-effective implementation of the full value chain needed to realize carbon capture, utilization, and storage projects for industrial emitters,” the statement said.

Aker Carbon Capture is a provider of carbon capture solutions. Hoegh LNG’s fleet consists of ten FSRUs and two LNG carriers while Altera Infrastructure, previously known as Teekay Offshore, has a fleet FPSOs, LNG-powered shuttle tankers, and towing vessels.

Also, the statement said that Hoegh and Altera are working on the Stella Maris CCS project that covers large-scale transport with shuttling of CO2 to an offshore site for injection and permanent storage in a relevant subsea reservoir.

The non-exclusive collaboration allows the three firms to offer a full value chain offering at locations where the combined technical concept of Aker Carbon Capture’s technology and the processing and shipping capabilities of Altera Infrastructure and Hoegh fits the best.

In addtion, it also allows the partners with flexibility to work with alternative solutions elsewhere, the statement said.

- Advertisements -

Most Popular

Grand Isle LNG working on FLNG project off Louisiana

US firm Grand Isle LNG is planning to start production of liquefied natural gas at its proposed floating LNG...

CoolCo’s LNG carriers to get reliquefaction units

LNG carrier operator CoolCo will invest about $50 million to install reliquefaction units on five of its liquefied natural gas...

Work starts on first Korean LNG carrier as part of QatarEnergy’s fleet expansion project

LNG giant QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG carriers to...

More News Like This

Hoegh LNG reports record quarterly Ebitda

Hoegh LNG Holdings reported a record quarterly Ebitda, while the firm works to ensure its FSRU projects start operations...

RWE: Elbehafen LNG terminal starts commercial ops

Germany's Elbehafen FSRU-based LNG import terminal in Brunsbüttel has started commercial operations, according to German energy firm RWE. RWE, which...

Indonesia’s Lampung FSRU completes 46th STS LNG transfer

Hoegh LNG’s Lampung FSRU serving Pertamina’s Perusahaan Gas Negara off the southeast coast of Sumatra in Indonesia has completed...

Hoegh LNG, Wartsila get Norwegian funding to develop ammonia solution

FSRU player Hoegh LNG, tech firm Wartsila, and other partners have received funding from Norway to develop a solution...