Höegh Evi and Aker BP receive DNV approval for next-generation CO₂ carrier

Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Höegh Evi and Aker BP have announced they have received an Approval in Principle (AiP) from DNV for a new type of vessel specialised in the transport of liquefied carbon dioxide (LCO₂). The vessel is intended to link European industrial emitters with geological storage sites on the Norwegian Continental Shelf.

The project, developed in collaboration with Norwegian engineering company Moss Maritime, marks a milestone in building a complete logistics chain for Carbon Capture and Storage (CCS). DNV’s assessment covered the entire vessel design, including its onboard CO₂ conditioning module. It is the first vessel to be validated under DNV’s new CO2 RECOND class notation, created specifically for CO₂ handling and transportation systems.

An integrated solution for carbon logistics

The approved vessel is designed to integrate CO₂ conditioning and offloading operations, simplifying logistics, avoiding impurity cross-contamination between industrial sources, and enabling direct injection into subsea reservoirs. Two approved variants of the model offer capacities of up to 50,000 m³ of liquefied CO₂.

This development is part of the CCS offering from Höegh Evi and Aker BP, targeting the EXL 005 Poseidon and EXL 011 Atlas sites, both operated by Aker BP on the Norwegian Continental Shelf. The infrastructure is initially sized to manage up to 10mn tonnes of CO₂ annually, with potential scalability depending on market demand.

Towards a new maritime standard for CO₂ transport

The project has been acknowledged by stakeholders for its collaborative approach. According to Nils Jakob Hasle, Executive Vice President for Clean Energy at Höegh Evi, this progress represents “a key technical solution for realising our large-scale CCS offering.” Ørjan Jentoft, Asset Manager for CCS at Aker BP, emphasised the aim to “develop large-scale storage solutions on the Norwegian shelf by leveraging the group’s upstream expertise.”

DNV stated that the approval demonstrates how its new classification can support the development of safe and efficient solutions for offshore CO₂ transport and injection. The operator expects this new generation of vessels to play a decisive role in establishing European-scale CCS infrastructure.

European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
Zefiro Methane Corp. completed the delivery of carbon credits to EDF Trading, validating a pre-sale agreement and marking its first revenues from the voluntary carbon market.
Hanwha Power Systems has signed a contract to supply mechanical vapour recompression compressors for a European combined-cycle power plant integrating carbon capture and storage.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Frontier Infrastructure Holdings drilled a 5,618-metre well in Wyoming, setting a national record and strengthening the Sweetwater Carbon Storage Hub’s potential for industrial carbon dioxide storage.
The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Singapore signs its first regional carbon credit agreement with Thailand, paving the way for new financial flows and stronger cooperation within ASEAN.
Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
The federal government is funding an Ottawa-based company’s project to design a CO2 capture unit adapted to cold climates and integrated into a shipping container.
Fluenta has completed the installation of its Bias-90 FlarePhase system at the Pelican Amine Treating Plant in Louisiana, marking progress in the measurement of flare gas flows with very high carbon dioxide concentrations.
Alberta carbon credits trade at 74% below federal price as inventory reaches three years of surplus, raising questions about regulatory equivalence before 2026 review.
The integration of carbon capture credits into the British trading system by 2029 raises questions about the price gap with allowances and limited supply capacity.
Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.
Elimini and HOFOR join forces to transform the AMV4 unit at Amagerværket with a BECCS project, aiming for large-scale CO₂ capture and the creation of certified carbon credits. —
Carbonova receives $3.20mn from the Advanced Materials Challenge programme to launch the first commercial demonstration unit for carbon nanofibers in Calgary, accelerating industrial development in advanced materials.
Chestnut Carbon has secured a non-recourse loan of $210mn led by J.P. Morgan, marking a significant step for afforestation project financing and the growth of the U.S. voluntary carbon market.
TotalEnergies seals partnership with NativState to develop thirteen forestry management projects across 100,000 hectares, providing an economic alternative to intensive timber harvesting for hundreds of private landowners.
Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.

Log in to read this article

You'll also have access to a selection of our best content.