In a new partnership, “K” LINE ENERGY SHIPPING (UK) LIMITED (KLES) and Havstjerne ANS (HANS) have teamed up to advance carbon capture, utilization, and storage (CCUS) solutions in the Norwegian Continental Shelf.
Partnership Details and Goals
KLES, a subsidiary of Kawasaki Kisen Kaisha, Ltd. (“K” LINE), and HANS, a joint venture of Harbour Energy Norge and Stella Maris CCS AS, have signed a Memorandum of Understanding (MoU). Their primary goal is to identify and develop the most suitable transportation and storage solutions for the Havstjerne CO2 storage licence.
The collaboration will focus on creating a marine-based CO2 value chain. This will involve the use of a floating storage and injection unit (FSIU) and liquefied CO2 carriers. By combining their expertise, the companies aim to offer a robust and cost-effective service for emitters involved in the Havstjerne CO2 value chain.
Role of Floating Storage and Injection Units
The partnership highlights the importance of FSIUs in offshore CCUS projects. FSIUs are particularly useful in locations where it’s challenging to find sufficient land for an onshore CO2 terminal or when the offshore storage site is far from the coast. The Havstjerne licence is located in the Norwegian sector of the North Sea, making this a practical solution for the region.
Companies’ Expertise
The partnering companies bring complementary strengths to the project:
- Havstjerne ANS (HANS): A joint venture with ownership from Harbour Energy and Yinson Production, it leverages the expertise of its parent companies. Harbour Energy is the operator of the Havstjerne licence.
- Yinson Production: With a fleet of Floating Production, Storage, and Offloading (FPSO) vessels, Yinson contributes extensive experience in the engineering, design, and operations of offshore energy projects. They have been actively developing their carbon value chain since 2021.
- “K” LINE Group: The company has a long history of operating liquefied gas carriers. Since 2024, KLES has managed two liquefied CO2 carriers for commercial CO2 transport, aligning with the group’s “Environmental Vision 2050” to support its own decarbonization and that of society.
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Source: K-Line
