Shell is creating larger vessels that can transport more carbon dioxide over longer distances as part of its global carbon capture and storage (CCS) expansion ambitions, according to the oil major, Reuters reported.
The ability to move huge volumes of CO2 from industrial sites to offshore CCS hubs is important for these projects to achieve economies of scale. The goal of CCS is to decarbonize heavy sectors like refining, cement, and steel.
Shell’s joint venture with Equinor and TotalEnergies will build two ships capable of delivering 7,500 cubic meters of CO2 as part of the Northern Lights project in Norway.
Shell is in charge of the vessel’s design and construction, which will be fueled by liquefied natural gas, according to the firm. The steel will be cut in the third quarter, and the ships will be ready to sail in 2024.