INEOS has stated all ship sections of Europe’s first carbon dioxide (CO2) provider have been efficiently assembled on the Royal Niestern Sander shipyard within the Netherlands.
“The completion of all sections of the CO2 vessel is a huge step ahead for transportation of CO2 within the EU. This ship is important to our ambition of creating the primary full-scale CO2 storage facility within the EU”, Mads Gade, CEO of INEOS Vitality Europe, stated in a media launch.
With the completion of the ship’s hull, the vessel enters the subsequent part of building, which incorporates retrofitting, commissioning, testing, and sea trials, INEOS stated.
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“We’re proud to achieve this essential milestone along with INEOS for the Mission Greensand. The vessel is the primary of its type made within the EU and exhibits how the maritime trade within the North of the Netherlands can contribute to the power transition. Development is progressing steadily and in accordance with plan”, Edwin de Vries, Director of Wagenborg Offshore, added.
The vessel is designed to move liquefied CO2 from onshore seize websites to offshore storage within the Danish a part of the North Sea. It is going to function common routes from Port Esbjerg to the Nini West platform, the place CO2 will probably be injected into the Nini reservoir, roughly 1,800 meters (5,905 toes) beneath the seabed.
”The geology within the Danish a part of the North Sea may be very effectively fitted to secure and everlasting storage of CO2. By fulfilling the potential for storage of CO2 deep under the subsurface within the Danish North Sea we will make a major contribution to reaching each Danish and European local weather objectives. The CO2 provider will play a pivotal function for Greensand in establishing and creating the primary operational CO2 storage facility within the EU geared toward mitigating local weather change”, Gade stated.
The landmark settlement between INEOS and Wagenborg for the supply of the new-build CO2 provider was signed in November 2024, the corporate stated.
In December 2024, INEOS, Harbour Vitality, and Nordsøfonden made the Remaining Funding Resolution (FID) to proceed with full-scale CO2 storage within the Nini Subject. Plans are in place to provoke secure everlasting CO2 storage within the Nini Subject by late 2025 or early 2026, making Greensand the EU’s first operational CO2 storage facility to fight local weather change, INEOS stated. This choice opens the door for investments of over DKK 1 billion ($151.4 million) throughout the Greensand CCS worth chain to reinforce storage capability, in accordance with the corporate.
Mission Greensand initially goals to retailer 400,000 tonnes of CO2 yearly, with potential development to eight million tonnes per 12 months by 2030.
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