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Technip Energies to supply liquefied CO2 marine loading arms for phase 2 of the Northern Lights project in Norway
Globenewswire· 2025-11-17 06:30
Core Insights - Technip Energies has been awarded a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway [1][5] - This contract follows the successful delivery of the world's first liquefied CO2 marine loading arms for phase 1, which began operations in summer 2025 [3][5] - The second phase aims to increase the terminal's capacity to handle over 5 million tonnes of CO2 per year by 2028 [3] Company Overview - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [7] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [8] Project Details - The loading solution will be installed at the new Northern Lights jetty and will consist of three marine loading arms designed to transfer liquefied CO2, marking a first-of-a-kind fully electric design [2][4] - The fully electric marine loading arms are expected to set a new industry benchmark in operability, safety, and environmental performance [2][4] Strategic Importance - The Northern Lights project is a joint venture between Equinor, Shell, and TotalEnergies, representing the world's first open-access, cross-border CO2 transport and storage infrastructure [5] - The project is crucial for carbon management infrastructure in Europe, highlighting Technip Energies' commitment to innovation and leadership in the CCS market [5]