INEOS has chosen ITT’s Svanehøj to provide CO₂ pumps for the onshore facility and the primary LCO₂ service for Venture Greensand within the Danish North Sea. This strategically important order additional strengthens Svanehøj’s place in carbon seize and storage (CCS), reinforcing its observe file as a trusted specialist in vital tools for liquefied fuel.
The INEOS-led Venture Greensand will grow to be the EU’s first full-scale CO₂ storage facility, contributing to local weather change mitigation. Following a profitable trial, storage operations are set to start by late 2025 or early 2026.
INEOS not too long ago entered a long-term settlement with maritime logistics firm Royal Wagenborg to assemble and deploy the primary devoted LCO₂ service for the Greensand challenge. Now, INEOS has chosen Svanehøj because the provider of CO₂ cargo pumps for the brand new vessel. Svanehøj will even ship CO₂ pumps for the challenge’s onshore facility in Port Esbjerg.
“We’ve labored carefully with INEOS’ growth group over the previous 12 months to specify custom-made pump options for each the onshore terminal and the vessel. It has been a rewarding course of, permitting us to leverage our in depth experience in CO₂ and contribute to an optimized design relating to stream and strain” stated Magnus Madsen, Gross sales Supervisor, Cargo Gasoline, at Svanehøj.
A long time of expertise in CO₂ pumps
Svanehøj delivered its first cargo pump resolution for an LCO₂ service within the Nineties. Being one of many few marine pump producers with expertise in CO₂ pumping techniques, the corporate has recognized CCS amongst its future key progress segments.
Notably in 2024, Svanehøj was awarded a contract to provide CO₂ pumps for the world’s largest LCO₂ carriers, at present underneath building at HD Hyundai Mipo. Svanehøj can also be the provider of CO₂ pumping techniques for the Northern Lights LCO₂ fleet in Norway. The brand new order from INEOS and Venture Greensand additional strengthens Svanehøj’s place as a market chief within the CCS phase.
400,000 tonnes of CO₂ a 12 months from 2026
Venture Greensand is called after the kind of sandstone beneath the seabed within the Danish North Sea. By initiating the primary business part, Venture Greensand establishes the full-value chain as captured and liquefied CO₂ from Danish biogas producers is transported offshore for injection into depleted oil wells within the North Sea’s Nini Discipline for everlasting storage.
The primary purpose-built LCO₂ service for Venture Greensand can be primarily based on the EasyMax idea, developed by Royal Wagenborg and Royal Niestern Sander shipyard. It’s an open-top multi-purpose ice-classed vessel design, combining a big load capability and low gas consumption. The vessel is predicted to be prepared for operation by the top of 2025.
On this part of the challenge, INEOS goals to retailer 400,000 tonnes of CO₂ per 12 months with an outlook to scale the capability to eight million tonnes a 12 months as volumes of captured CO₂ for storage enhance.
