Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Iran Threatens to Attack Ships in Strait of Hormuz Amid Escalating Tensions, ETEnergyworld

March 3, 2026

India unlikely to hike petrol, diesel prices despite crude nearing $80 amid Iran conflict, ETEnergyworld

March 3, 2026

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio – Oil & Gas 360

March 3, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Aker BP, Höegh Evi granted DNV approval for liquefied CO2 carrier
Executive Moves

Aker BP, Höegh Evi granted DNV approval for liquefied CO2 carrier

omc_adminBy omc_adminJune 6, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO₂ safely and cost-efficiently from European industrial emitters to offshore sequestration sites on the Norwegian Continental Shelf (NCS).


DNV’s Approval in Principle includes a comprehensive assessment of the vessel’s design, including its onboard CO₂ conditioning module. It is the first to be reviewed under DNV’s new CO2 RECOND class notation, developed specifically for CO₂ handling and conditioning.

The approval marks a significant step in enabling the Carbon Capture and Storage (CCS) value chain and industrial decarbonization in Europe.

“This designation from DNV affirms the strength of our technical solution, which is key to realizing Höegh Evi and Aker BP’s unique CCS offering,” said Nils Jakob Hasle, EVP Clean Energy at Höegh Evi. “Together, we can deliver a cost-efficient path to decarbonization, by connecting large-scale carbon emitters to permanent storage offshore.”

“We are excited to leverage Aker BP’s extensive upstream expertise to mature and develop CO₂ storage solutions on the Norwegian Continental Shelf,” said Ørjan Jentoft, Asset Manager for CCS at Aker BP. “We appreciate the integrated and collaborative efforts with Höegh Evi in the development of the CCS value chain. This innovative design with designation from DNV is expected to set new benchmarks in safe, cost-efficient, and sustainable large-scale CO₂ transportation and storage.”

“DNV is pleased to collaborate with such a strong consortium of partners to help bring this large-scale CCS project closer to realization,” said Christina Saenz de Santa Maria, COO at DNV Maritime. “This AIP demonstrates how maritime regulations with DNVs new class rules can support the development of safe and cost-efficient solutions for CO2 transportation and offshore injection – an essential step toward building cost-effective CCS value chains.” 

Part of an integrated solution for CO₂ transport and storage

The next-generation liquefied CO₂ (LCO₂) carrier is a key part of a fully integrated carbon removal option for both large and dispersed EU emitters. By integrating CO₂ conditioning and offloading capabilities directly into the shuttle carriers, the design minimizes complexity, reduces risk of impurity co-mingling and ensures reliable injection into offshore reservoirs. Two approved variants of CO₂ vessels will offer total capacities of up to 50,000 m³ of liquid CO₂.

Höegh Evi and Aker BP’s CCS solution can be applied for the Aker BP-operated CO₂ storage licenses on the NCS, EXL 005 Poseidon and EXL 011 Atlas. While initially sized to handle up to 10 million tonnes of CO₂ per annum, it may be scaled to accommodate growing market demand.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Petro-Victory spuds SJ-12 gas well at São João field, Brazil

March 2, 2026

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio

March 2, 2026

Qatar shuts Ras Laffan LNG plant after Iranian drone strike

March 2, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Petro-Victory spuds SJ-12 gas well at São João field, Brazil

By omc_adminMarch 2, 2026

(WO) – Petro-Victory Energy Corp. has commenced drilling operations on the SJ-12 well at its…

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio

March 2, 2026

Qatar shuts Ras Laffan LNG plant after Iranian drone strike

March 2, 2026

Drone strike forces shutdown of Aramco’s 550,000-bpd Ras Tanura refinery

March 2, 2026
Top Trending

BlackRock, EQT Lead $33 Billion Acquisition of AES

By omc_adminMarch 2, 2026

UK slashes climate aid programmes for developing countries | Climate crisis

By omc_adminMarch 2, 2026

Upright Launches New ESG Due Diligence Solution for Investors

By omc_adminMarch 2, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Brazil offshore vessel operators OceanPact, CBO announce merger

March 2, 2026

Crude Jumps on Iran War Escalation

March 2, 2026

Petro-Victory spuds SJ-12 gas well at São João field, Brazil

March 2, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.