Technology Centre Mongstad Sign MoU with DNV GL for CO2 Capture Technology

Shailaja A. Lakshmi
Tuesday, October 23, 2018

The world’s largest testing facility for carbon capture, Technology Centre Mongstad (TCM), has signed a collaborative agreement with DNV GL to deliver advisory and verification services for CO2 capture technology.

According to a press release from the quality assurance and risk management company, the new global advisory partnership will offer advisory and verification services at TCM`s facilities on the west coast of Norway and other worldwide carbon capture projects.
Carbon capture and storage (CCS) is the only available technology for mitigating climate change in certain industries such as cement production and the use of oil and gas.

“We have been working with both CCS and verification of new technologies for the energy sector for a long time. Combining these two capabilities together with TCM is a natural extension of our expertise, says Liv Hovem, CEO DNV GL – Oil & Gas.

“DNV GL and TCM will together ensure that the technologies tested and verified at the TCM facilities will be ready for full-scale deployment. While we will ensure the technical feasibility of these technologies, the industry and policy makers together need to make CCS work commercially for it to make a global impact, ” Liv added.

“It is vital for us to ensure that carbon capture technology is sufficiently advanced to be used at our facility. Verification and advisory services are a natural progression of the quality assurance measures which we have in place for our collaboration partners that are using TCM’s facility,” said CEO of TCM, Ernst Axelsen.

DNV GL’s Energy Transition Outlook forecasts that the planet is set to warm beyond the goals set in the Paris Agreement, even though the global energy supply is rapidly decarbonizing. CCS, along with energy efficiency and more renewables, must all be stepped up to prevent the planet from warming to unsustainable levels.

CCS is the process of capturing and storing greenhouse gases from industrial processes, and TCM currently has a focus on the capture stage.

Categories: Environmental Technology(Energy) Industry News

Related Stories

PXGEO Nets First Seismic Survey off Malaysia

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

CNOOC Brings New Offshore Gas Field On Stream

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

CNOOC Finds Oil and Gas in South China Sea

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Current News

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com