• Upstream
  • Pipelines & Transport
  • Downstream
Monday, August 25, 2025
Oil&Gas Advancement
  • Home
  • News
    Oil Gas Exploration in Mediterranean Sea

    Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

    Iraq Chevron Signs Deal

    Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Natural Gas Pipeline Expansion

    ICGB Secures Permit for Natural Gas Metering Station

    India Launches Deepwater Exploration Mission for Energy

    India Launches Deepwater Exploration Mission for Energy

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900000 bopd

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900,000 bopd

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Imperial Oil Launches Renewable Diesel Production Complex

    Imperial Oil Launches Renewable Diesel Production Complex

    Egypt to Reach a Natural Gas Deal of $35 billion with Israel

    Egypt to Reach a Natural Gas Deal of $35 billion with Israel

  • Projects
    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Mabadala Energy Invests in US Natural Gas Market Expansion

    Mabadala Energy Invests in US Natural Gas Market Expansion

    SEWA Implements Natural Gas Network Connection in the UAE

    SEWA Implements Natural Gas Network Connection in the UAE

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Eni Ghana Expands Natural

    Eni Ghana Expands Natural Gas for OCTP to Power Ghana

    Var Energi Partners with TechnipFMC

    Var Energi Partners with TechnipFMC for Subsea Projects

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Downstream

KNCC and COSCO partner to develop offshore liquid CO2 carrier for global CCUS projects

in Downstream, Gases, News
Share on FacebookShare on Twitter

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture between NYK Line and Knutsen Group, has partnered with COSCO Shipping Heavy Industry Co., Ltd. (CHI) to advance the design of liquefied carbon dioxide (LCO2) carriers.

The joint study, centred on KNCC’s LCO2-Elevated Pressure (LCO2-EP) technology, will focus on developing a direct injection offshore (DIO) vessel concept.

This design could support carbon capture, utilisation and storage (CCUS) projects in the North Sea, where direct offshore injection can reduce the time and costs associated with establishing traditional onshore or floating infrastructure.

Using LCO2-EP technology, the LCO2 is kept at ambient temperature and higher pressures, which means that offshore heating is not required before the liquid gas is injected.

Oliver Hagen-Smith, CEO of KNCC, said that the partnership is expected to play a critical role in the realisation of CCUS projects.

“KNCC’s LCO2-EP technology has the best match with direct injection offshore operation as it requires less energy and complexity onboard the vessel compared to other cryogenic modes servicing injection of CO2 to permanent storage sites offshore,” he added.

Shi Wei, CHI’s executive responsible for offshore business, echoed these sentiments, noting that the project represents an opportunity for CO2 emission reduction within the shipbuilding and offshore industries.

“The LCO2 direct injection vessel, which is based on KNCC’s LCO2-EP technology, represents a unique and highly appealing design and concept from the perspective of shipbuilders. We are excited about the prospect of working together with KNCC on this innovative project.”

The LCO2 carrier design under review has already secured Approval in Principle (AiP) from classification society DNV in 2022, with further recognition through a General Approval for Ship Application (GASA) in 2023.

Liquid CO2 carriers in CCUS projects

The use of LCO2 carriers in CCUS projects is still in the developmental and pilot stages, with a few projects either planning to use or exploring the use of such carriers.

The Northern Lights project is part of the larger Longship initiative by the Norwegian government, aimed at developing a full-scale CCS value chain in Europe.

While this project is primarily focused on transporting CO2 via pipelines from capture sites to storage locations, discussions and studies have considered the future use of LCO2 carriers to transport CO2 from more distant capture sites across Europe to the storage facilities in the North Sea.

The project will initially handle 1.5 million tonnes per annum (mtpa) of CO2, with plans to expand to five million tonnes. CO2 will be stored 2,600 metres below the North Sea.

The first phase is expected to be operational by 2024. The Norwegian government has committed NOK 16.8 billion (US$1.7bn)), with additional investment from private sector partners Equinor, Shell and TotalEnergies.

The Porthos project involves capturing CO2 from industrial sources in the Port of Rotterdam and storing it in empty gas fields beneath the North Sea.

Like Northern Lights, Porthos primarily plans to use pipelines for transport, but the concept of using LCO2 carriers is being explored as a supplementary method, particularly for international CO2 transport.

The project will transport and store around 2.5 mtpa of CO2, captured from industrial sources in the Port of Rotterdam. The CO2 will be stored 3,000 metres beneath the North Sea.

Slated to begin operations by 2026, the project will cost an estimated €450-500 million (US$ 520-580m), with funding coming from the European Union, the Dutch government and industrial partners.

 

Previous Post

Stanmore Wins LEIP Funding for Gas-to-Electricity Project at South Walker Creek Mine

Next Post

SAIPEC 2025: Pioneering Regional Growth – First Speakers Announced

Related Posts

Oil Gas Exploration in Mediterranean Sea
Exploration Development

Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

August 25, 2025
Iraq Chevron Signs Deal
News

Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

August 22, 2025
Yellowtail Field Project
News

Saipem Completes Construction of Yellowtail Field Project

August 21, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
AI powered predictive maintenance
Featured

AI-Powered Predictive Maintenance Transforming Offshore Platforms

August 18, 2025
India Launches Deepwater Exploration Mission for Energy
Exploration Development

India Launches Deepwater Exploration Mission for Energy

August 16, 2025
Next Post

SAIPEC 2025: Pioneering Regional Growth - First Speakers Announced

LatestNews

Iraq Chevron Signs Deal
News

Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

August 22, 2025
Yellowtail Field Project
News

Saipem Completes Construction of Yellowtail Field Project

August 21, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
India Launches Deepwater Exploration Mission for Energy
Exploration Development

India Launches Deepwater Exploration Mission for Energy

August 16, 2025
ExxonMobil Boosts Fourth Oil Development in Guyana to 900000 bopd
News

ExxonMobil Boosts Fourth Oil Development in Guyana to 900,000 bopd

August 14, 2025
Venture Capital Makes Phenomenal US LNG Investment
America

Venture Capital Makes Phenomenal US LNG Investment

August 13, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.