INEOS and Royal Wagenborg to Build CO2 Carrier for Denmarks CCS Operation [Video]

Danish energy company INEOS Energy is contracting for a dedicated CO2 transport vessel as it takes the next step in advancing the program to launch Denmark’s first large-scale CO2 storage facility in the Danish North Sea. INEOS and the Netherlands’ Royal Wagenborg signed an agreement for the vessel which will be the next in an emerging class of shipping dedicated to the emerging CO2 capture and storage industry.

“The lack of dedicated CO2 carriers has been a bottleneck for advancing CCS projects within Europe,” said David Bucknall, CEO of INEOS Energy. The collaboration between INEOS and Royal Wagenborg serves as a breakthrough moment for the EU’s climate goals, offering a viable solution for large-scale CO2 transport.”

INEOS has been leading the pilot phase of Project Greensand, which is slated to launch in the Danish North Sea by 2026. The project aspires to store up to 400,000 tonnes of CO2 annually …