Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Letter from London: Show me the carbon
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
The changing economics of CCS
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
Letter from London: Occidental’s oil-led defence of DAC
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
Letter on carbon: Beyond the current trajectory
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
Letter from London: Shell blasts EU carbon storage targets
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit
Europe in race to unlock CDR investment
Policymakers acknowledge crucial role for direct air capture and other removal technologies in meeting climate goals
Northern Lights goes live
Merchant storage project off western Norway takes first CO₂ shipment, but government warns of significant cost challenges ahead for CCS
Letter on carbon: Chasing down the cost of DAC
Innovation is moving at pace in the direct air capture sector, but will costs fall quickly enough to make it a mainstay of the voluntary carbon market?
Chevron joins push for Asia CCUS hubs
US company reiterates commitment to CCUS as it agrees to work with major steelmakers to drive large-scale deployment in Asia
Germany eyes blue hydrogen as cabinet backs CCS
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
Aker is already supplying Twence’s waste-to-heat plant with its modular CCS technology
Aker Carbon capture
Stuart Penson
3 January 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Aker lines up order for modular CCS system

Norwegian company signs letter of intent with European customer to supply standardised technology

Norwegian company Aker Carbon Capture has signed a letter of intent to supply two of its modular Just Catch systems to an undisclosed European customer. The systems will be deployed at a project with a total capture capacity of 200,000t/yr of CO₂. FID on the project is expected in the second quarter of 2023. “This new project is a clear testimony of our ambition to be a carbon-capture frontrunner,” says Valborg Lundegaard, CEO at Aker Carbon Capture. “Carbon capture, utilisation and storage is crucial to reduce industrial emissions and mitigate climate change. The time to act is now.” 200,000t/yr – Capacity of planned CCS project Aker’s Just Catch technology is a standardised product

Also in this section
Letter on carbon: Has the EU ETS come of age?
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Can Oxy’s integrated CO₂ approach set a new benchmark for transition-era oil companies?
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
Letter from London: Show me the carbon
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
Letter from Europe: Western retreat raises doubts over climate leadership
Opinion
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search