Saipem and Capsol Technologies ASA have signed a non-exclusive cooperation agreement to jointly develop industrial-scale carbon capture projects, focusing on solutions based on Hot Potassium Carbonate (HPC) technology.
The partnership aims to combine Capsol’s carbon capture technology with Saipem’s experience in delivering complex energy infrastructure projects.
Together, the companies intend to offer integrated solutions designed to help large industrial emitters reduce carbon dioxide emissions, particularly in hard-to-abate sectors such as heavy industry and energy.
Building on BECCS collaboration
The collaboration builds on the companies’ existing work on the large-scale bioenergy carbon capture and storage (BECCS) facility being developed by Stockholm Exergi in Sweden. In that project, Saipem serves as the engineering, procurement and construction (EPC) contractor, while Capsol’s carbon capture technology is being deployed to enable the capture of biogenic CO2.
Through the new agreement, the two companies plan to strengthen their joint offering for customers seeking to deploy HPC-based carbon capture systems at scale.
The partnership also enables them to coordinate participation in project bids and tenders, combining capture technology with engineering expertise, project execution capabilities, and standardized modular solutions.
Relevant: Saipem Announces Carbon Capture Backlog Of Over $2.3B
According to the companies, the structured cooperation is intended to simplify the deployment of carbon capture infrastructure by providing industrial operators with a single integrated solution covering technology, design, and implementation.
The agreement forms part of Saipem’s broader strategy to expand its carbon capture and decarbonization portfolio. In addition to large-scale solutions for major industrial emitters, the company is also developing modular capture technologies aimed at small and medium-sized facilities, including its proprietary potassium carbonate-based solution, Bluenzyme carbon capture solution.
As demand for industrial decarbonization solutions continues to grow, the partnership reflects increasing collaboration between technology providers and engineering firms to accelerate the deployment of carbon capture projects worldwide.
Read more: Holcim Deepens Carbon Capture Strategy With Capsol Investment
