Aker Carbon Capture, Altera Infrastructure and Hoegh LNG have struck up a new partnership to offer the full value chain of carbon capture, utilisation and storage as a service to industrial emitters.
Under the non-exclusive collaboration agreement Aker Carbon Capture will bring its technology, while Altera Infrastructure and Hoegh LNG will provide their processing and shipping capabilities.
"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,” said Jon Christopher Knudsen, chief commercial officer of Aker Carbon Capture.
“These collaborations represent key building blocks in our Carbon Capture as a Service; Carbon Capture Made Easy offering, enabling source-to-storage decarbonisation at a pay per tonne captured CO2 model,” Knudsen said.
Norway-headquartered Altera Infrastructure and Norwegian Hoegh LNG have experience in carbon dioxide gathering, purification, liquification, transportation and permanent storage, along with their Stella Maris CCS project that shuttles carbon dioxide offshore for injection and storage.
“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, Hoegh LNG,” Ingvild Saether, group chief executive officer of Altera said.
“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.”