Baker Hughes eyes CCS in Norway

US upstream services company Baker Hughes said June 22 it was teaming up with a Norwegian partner to develop carbon capture and storage (CCS) technology for industrial sites in the Scandinavian country.

Baker Hughes said it reached a preliminary agreement to work with Norwegian CCS company Borg CO₂ on a project meant to draw down the carbon footprint of the industrial sites at a region near the southeast border with Sweden.

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“The project aims to capture and store up to 90% of the CO₂ emissions from the involved industrial sites, playing an important role in contributing to the Paris Agreement goals, the United Nations Sustainable Development Goals and the Norwegian national emissions reduction targets,” the US company explained.

Regional industries emit about 700,000 mt/yr of CO₂ and the CCS facility could sequester about 90% of that in liquid form for eventual storage beneath the North Sea floor.

Borg CO₂ and its partners have already finished their first study of the project and expect to complete pre-front end engineering and design work by the end of the year.

This is the second such agreement for Baker Hughes this month. Italian contractor Rosetti Marino said June 18 it had teamed up with Baker Hughes to develop carbon capture utilisation and storage (CCUS) in Italy.

Under a memorandum of understanding, the pair will potentially develop CCUS projects together and establish an Italian supply chain for other energy transition initiatives.

Baker Hughes CEO Lorenzo Simonelli said zero emission goals could be achieved through a collaborative effort across the entire supply chain, adding that Italy had "great potential to be a key part of it."