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.

Most Popular

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

Wartsila bags regas module gig from Hoegh Evi

A unit of Finnish tech firm Wartsila has secured a contract from Norway's Hoegh Evi to supply a regasification module, which will be installed onboard the LNG carrier Hoegh Gandria. Once converted, the FSRU will serve in Egypt.

Seatrium scores FSRU conversion job from Hoegh Evi

Singapore’s Seatrium has secured a contract from Norway's Hoegh Evi to convert the latter's LNG carrier Hoegh Gandria into a floating storage and regasification unit.

Egypt’s EGAS inks new FSRU charter deal with Hoegh Evi

Norwegian FSRU player Hoegh Evi has signed a new charter deal with Egypt’s EGAS to deploy a converted FSRU in Egypt. Hoegh Evi will convert the LNG carrier Hoegh Gandria to a floating storage and regasification unit.

VTTI, Hoegh Evi launch permitting process for Dutch FSRU terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, and Norwegian FSRU player Hoegh Evi have officially launched the permitting process for their FSRU-based facility in the Netherlands.