Aker, Altera and Hoegh LNG collaborate on CCUS

Norway’s Aker Carbon Capture, Altera Infrastructure and Hoegh LNG said January 31 they will collaborate to offer full value chain carbon capture, utilisation, and storage (CCUS) services.

The parties intend to offer carbon capture as a service to industrial emitters, enabling source-to-storage decarbonisation at a pay-per-ton captured CO₂ model.

Altera Infrastructure and Hoegh LNG are global maritime and infrastructure companies which own and operate the Stella Maris CCS project, transporting CO₂ to an offshore site for subsea reservoir storage.

"Large scale maritime CCS is seen as a cornerstone in Altera's future business and a concept we have been working on for more than a decade, more recently with our partner, Hoegh LNG,” said Ingvild Saether, CEO of Altera. “We believe delivery of CCUS will be required to achieve a meaningful contribution to net-zero and we are delighted to be collaborating with Aker Carbon Capture as a leader in carbon capture technology.” 

Hoegh LNG operates worldwide as owner and operator of floating LNG import terminals and floating storage and regasification units. The company is also one of the most experienced operators of LNG carriers (LNGCs).

Altera Infrastructure is an energy infrastructure services group with ownership and operation of critical infrastructure assets in offshore regions of the North Sea, Brazil and the east coast of Canada.