Aker Carbon Capture and Northern Lights JV to collaborate on accelerating the carbon capture and storage market through full value-chain offerings
Aker Carbon Capture and Northern Lights JV have signed a non-exclusive Memorandum of Understanding (MoU) to collaborate on realization of Carbon Capture and Storage (CCS) projects in Norway and across Europe. Together, the two companies represent a full value chain offering from carbon capture through transport and storage. The MoU also seeks to optimize logistics and standardize ship-shore interfaces.Valborg Lundegaard, Chief Executive Officer of Aker Carbon Capture said: “Through the Longship project, Norway has taken a leadership position in enabling industrial decarbonization through