Aptamus and Entr in FEED Deal for CO₂ Terminals under COAST20 Project

Aptamus Carbon Solutions LLC (Aptamus), a subsidiary of Overseas Shipholding Group Inc., and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front end engineering and design of a temporary storage and liquefaction processing terminal at Port Tampa Bay, Tampa, Florida, and a discharge and regassification terminal at LBC Tank Terminals, Baton Rouge, Louisiana, for its CO2 carbon maritime transport and storage program, Carbon Ocean and Storage Transport 20 (COAST20).

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"We are excited to bring our pioneering expertise in designing and building CO2 terminals, and other first-of-their-kind carbon removal projects around the globe, to Florida," said Knut Egil Pedersen, Vice President of hydrogen and CO2 at Aker Solutions.

"Having advised on optimized solutions in the development’s early phases, we now look forward to executing these in a cost-effective, industrialized project environment. Our delivery will combine the expertise of our North American team with the experience of our teams around the world to support the safe processing, storage and transport of CO2 from Tampa Bay to Louisiana," said Pedersen.

Jeffrey Ross Williams, President of Aptamus, said, "Aptamus has strategically expanded its capabilities to offer Florida’s largest CO2 emitters a supply chain solution for the safe and efficient removal of their captured CO2 from the state."

Florida is the third highest CO2 emitting state in the nation and is facing significant climate change impacts such as increasingly frequent and devastating hurricanes, tornados, and flooding which regularly disrupt Florida businesses and residents. Entr’s development of the Port Tampa Bay hub and the LBC Tank Terminals site on the Mississippi River offers the ideal solution for managing captured CO2 in Florida, and we are delighted to partner with them for this critical project. COAST20 will also allow power generation companies to meet the increasing demand for electricity in Florida while managing their carbon output to have a meaningful impact on the environment and human health.

COAST20 is partially funded by the U.S. Department of Energy and includes the design of a 20,000 ton liquified CO2 tank vessel, which will be the first to be built in the U.S., the Port Tampa Bay intermodal hub site to collect captured CO2 from emitters across the state of Florida, and the LBC receiving port on the Mississippi River near Baton Rouge, adjacent to an existing dedicated CO2 pipeline system for delivery to permanent underground storage sites. Port Tampa Bay and LBC are also partners in the Aptamus COAST20 project.

Source: Aker Solutions