INEOS has selected Svanehøj's deepwell CO2 cargo pumps for both the onshore storage facility and the first LCO2 carrier at Project Greensand in the Danish North Sea.
"We have worked closely with INEOS' development team over the past year to specify customized pump solutions for both the onshore terminal and the vessel. It has been a rewarding process, allowing us to leverage our extensive expertise in CO2 and contribute to an optimized design regarding flow and pressure," said Magnus Madsen, Sales Manager, Cargo Gas, at Svanehøj.
Decades of experience in CO2 pumps
Svanehøj delivered its first cargo pump solution for an LCO2 carrier in the 1990s. As one of the few marine pump manufacturers with experience in CO2 pumping systems, we have identified carbon capture and storage (CCS) as one of our key future growth segments.
The new, strategically significant order from INEOS and Project Greensand further strengthens Svanehøj's position in CCS, reinforcing our proven expertise in CO2 pumps – a field in which we have added strong references in recent years.
In 2024, we were awarded a contract to supply CO2 deepwell cargo pumps for the world's two largest LCO2 carriers, currently under construction at HD Hyundai Mipo. We also provide the CO2 pumping systems for Northern Lights' LCO2 fleet in Norway.
400.000 tonnes of CO2 per year in 2026
Project Greensand will become the EU's first full-scale CO2 storage facility, transporting captured and liquefied CO2 from Danish biogas producers offshore for injection into depleted oil wells in the North Sea's Nini Field. Following a successful trial, storage operations are set to begin by late 2025 or early 2026. In the first commercial phase, INEOS aims to store 400.000 tonnes of CO2 per year with an outlook to scale the capacity to 8 million tonnes a year as volumes of captured CO2 for storage increase.
INEOS recently entered a long-term agreement with maritime logistics company Royal Wagenborg to construct and deploy the first purpose-built LCO2 carrier for the Greensand project. The new vessel will be based on the EasyMax concept, developed by Royal Wagenborg and Royal Niestern Sander shipyard. It is an open-top multi-purpose ice-classed vessel design, combining a large load capacity and low fuel consumption. The vessel is expected to be ready for operation by the end of 2025.
The deepwell CO2 cargo pumps for both the LCO2 carrier and the onshore facility in Port Esbjerg are scheduled for delivery in Q3 2025.
