Oilfield services company Saipem is exploring opportunities in the carbon capture and storage (CCS) space with a new collaboration agreement.
The Italian firm will work with Norwegian manufacturer Elkem to assess and identify possible development plans and design solutions for a CCS plant that is also equipped with liquefaction facilities.
It’s hoped the site will be able to cater to cargo ships transporting CO2, specifically that collected by the Northern Lights project in Norway.
Through its engineering and design skills and experience, Saipem said the agreement would help Oslo-headquartered Elkem hit its net zero goals.
It previously completed a feasibility study on the subsea transport of CO2 for the Northern Lights project, which is a joint development between Equinor, Shell and Total.
Maurizio Coratella, COO of Saipem’s onshore E&C division said: “Decarbonisation represents one of the major avenues for the energy transition, together with hydrogen and renewable energies and, of course, gas which will be the commodity that will accompany us for the next few years.
“This is why we are increasingly setting our sights on collaborations in the sector, such as this one with Elkem which will allow us to present our bio-catalysed technology for the benefit of the production of zero impact metals.
“Saipem’s CO2 Solutions is in fact an enzymatic carbon capture technology that brings unique environmental and operational advantages. The technology provides a disruptive alternative to conventional CO2 capture solutions and is part of our broad portfolio of green products.
“Saipem has the skills and capabilities to master the entire CO2 capture and storage (CCS) chain thanks to our solid background in capture technology, pipeline fluid transport over long distances, and onshore and offshore CO2 injection drilling, qualities that will be of fundamental importance in the near future.”
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