INEOS recently entered a long-term agreement with Royal Wagenborg to construct and deploy the first dedicated LCO2 carrier for the Greensand project. Now, INEOS has selected Svanehøj as the supplier of CO2 cargo pumps for the new vessel.
INEOS is a petrochemicals company. For Project Greensand in the Danish North Sea, ITT’s Svanehøj will supply CO2 pumps for the first LCO2 carrier as well as CO2 pumps for the project’s onshore facility in Port Esbjerg.
INEOS-led Project Greensand will become the EU’s first full-scale CO2 storage facility, contributing to climate change mitigation. Following a successful trial, storage operations are set to begin by late 2025 or early 2026.
Easymax-based LCO2 carrier
The first purpose-built LCO2 carrier for Project Greensand will be based on the EasyMax concept, developed by Royal Wagenborg and Royal Niestern Sander shipyard. It is an open-top multi-purpose ice-classed vessel design, combining a large load capacity and low fuel consumption. The vessel is expected to be ready for operation by the end of 2025.
Also read: INEOS and Royal Wagenborg to build EasyMax CO2 carrier
400,000 tonnes of CO2 per year from 2026
Project Greensand is named after the type of sandstone beneath the seabed in the Danish North Sea. By initiating the first commercial phase, Project Greensand establishes the full-value chain as captured and liquefied CO2 from Danish biogas producers is transported offshore for injection into depleted oil wells in the North Sea’s Nini Field for permanent storage.
In this phase of the project, INEOS aims to store 400,000 tonnes of CO2 per year with an outlook to scale the capacity to 8 million tonnes a year as volumes of captured CO2 for storage increase.
Also read: Denmark injects CO2 in depleted oil field
Experience in CO2 pumps
Svanehøj delivered its first cargo pump solution for an LCO2 carrier in the 1990s. Being one of the few marine pump manufacturers with experience in CO2 pumping systems, the company has identified carbon capture and storage (CCS) among its future key growth segments.
Notably in 2024, Svanehøj was awarded a contract to supply CO2 pumps for the world’s largest LCO2 carriers, currently under construction at HD Hyundai Mipo. The company is also the supplier of CO2 pumping systems for the Northern Lights LCO2 fleet in Norway.
Picture: Project Greensand (photo by INEOS Energy).
