Orlen and Equinor Agree to Develop Carbon Capture Projects
Published by Todd Bush on March 3, 2025
Orlen (PKN.WA) and Equinor (EQNR.OL) signed a memorandum of understanding (MoU) on Monday for the development of carbon capture and storage (CCS) projects.The documents were signed by Irene Rummelhoff, Executive Vice President at Equinor, and Wieslaw Prugar, Orlen Management Board Member in charge of upstream.
Under the memorandum, Orlen and Equinor will jointly identify potential carbon dioxide storage sites in Poland, considering both onshore areas and the Polish sector of the Baltic Sea, Orlen said in a statement.
"We hope we can jointly develop a CCS value chain," Rummelhoff told a news briefing in Warsaw, adding, "We believe there are geological formations suitable for carbon dioxide storage, and we eagerly await Polish regulations on CCS storage."
"We have a lot of potential in carbon dioxide storage. We could jointly work on the Norwegian Continental Shelf but also in Poland," said Prugar.
In its new strategy, Orlen has stated that it aims to reach the capacity to capture, transport, and store 4 million metric tons of carbon dioxide annually by 2035.
>> In Other News: Baker Hughes and Frontier Infrastructure Enter Carbon Capture Partnership
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Companies
Latest issues
-
Northern Lights CCS Project Begins Operations with First CO2 Injection
Inside This Issue 🛢️ Northern Lights CCS Project Begins Operations with First CO2 Injection 🔋 Advent Technologies Receives Order from Global Energy Giant for Ion Pair HT- PEM Electrode Assemblies ...
-
Chevron’s Boldest Carbon Capture Bet Revealed
Inside This Issue 🌎 Chevron Doubles Down on Carbon Capture with Massive Bayou Bend Hub 🌱 Manitoba Startup Pitches $5 Million Biochar Processing Plant to Ritchot Municipality 🏭 MATHESON to Build Ne...
-
They Just Buried Air Underground - Here’s How
Inside This Issue 🌎 History Made: Deep Sky Alpha Begins Operations with North America's First CO2 Storage via Direct Air Capture 🏅 Neste Achieved Platinum Medal in EcoVadis Sustainability Assessme...
Company Announcements
-
BASF and Yara End Joint Project for Low-carbon Ammonia at U.S. Gulf Coast
BASF and Yara International ASA have jointly decided to discontinue their project to develop a low-carbon ammonia production facility with carbon capture and storage in the U.S. Gulf Coast region. ...
-
Accepted into ASTM Clearinghouse for Qualification
Share Company's Flexiforming-produced sustainable aviation fuel (SAF) advances toward commercial adoption Acceptance validates proven technical capability and production scale required for Cl...
-
New design sets industry standards for land usage and scope inclusivity NEWARK, Calif. -- Ohmium International, a pioneering manufacturer of PEM electrolyzers, is redefining the boundaries of gree...
-
LIVERMORE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation driven leader in fuel cells and hydrogen technologies, is pleased to announce th...