28-08-2024
Carbon Clean and PETRONAS CCS Solutions ink MOU to jointly collaborate and evaluate Carbon Clean’s CCS technology
Carbon Clean, a leader in revolutionising carbon capture solutions, today announced a Memorandum of Understanding (MOU) with PETRONAS CCS Solutions Sdn Bhd (PCCSS), a subsidiary of Petroliam Nasional Berhad (PETRONAS) to jointly collaborate and evaluate Carbon Clean’s carbon capture and storage (CCS) technology.
Under the MOU, Carbon Clean and PCCSS will collaboratively assess carbon capture technology, aiming to identify synergies and explore future collaboration opportunities. The focus of this collaboration includes evaluating various methods of carbon capture for potential integration into different areas of PETRONAS’ operations. This is a strategic collaboration and a deliberate step in addressing climate change.
Carbon Clean’s breakthrough CycloneCC solution will be the primary focus of the MOU. It has the potential to reduce the total installed cost of carbon capture by up to 50% compared to conventional solutions. Both companies will work together to explore and develop how the modular technology can be used for post combustion CO2 capture. CycloneCC’s compact, modular design makes it quick to install and easy to integrate with existing operations.
CycloneCC’s physical footprint occupies up to 50% less space than conventional carbon capture solutions and the equipment is 10 times smaller. Rotating packed bed (RPB) technology uses centrifugal force to increase the efficiency of the carbon capture process.
Aniruddha Sharma, Chair and CEO of Carbon Clean, said: “PETRONAS has a pioneering approach to decarbonisation, viewing carbon capture as a lever to transform its business. It is turning the low-carbon energy transition into an opportunity to drive green growth. Carbon Clean is proud to support PETRONAS in achieving its net zero targets by providing a cost-effective approach to carbon capture. CycloneCC’s modular design enables companies to stagger their investment, adding units in line with their decarbonisation goals. We are making carbon capture logistically viable and easy to scale.”
News Category:
-
Valmet and Wilhelmina N.V. forge strategic partnership to commercialise TG2 pellet plants
Valmet and Wilhelmina, proudly announce a strategic collaboration to commercialise the TG2 pellet technology on a global scale. Wilhelmina N.V., a Dutch renewable ...
01-05-2025
-
Calpine Corp and ExxonMobil sign CO2 transportation and storage agreement
Exxon Mobil Corporation announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently ...
01-05-2025
-
OMV unveils Austria’s largest green hydrogen production plant
OMV today announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind ...
01-05-2025
-
Masdar and OMV advance partnership on green hydrogen development
Masdar, the UAE’s clean energy leader, and OMV, Austria’s integrated chemicals, fuels and energy company, have signed an agreement to partner in the production of ...
01-05-2025
-
Repsol and Bunge to boost Ddevelopment of renewable fuels in Europe with Intermediate Crops
Repsol and Bunge today announced a major milestone in the development of renewable fuels in Europe: the incorporation of intermediate novel crops in the production of ...
01-05-2025
-
Sulzer partners with Hyme Energy to revolutionise renewable energy storage
Building on the success of the pioneering Molten Salts Storage (MOSS) project in Denmark, Sulzer is developing advanced pumps for Hyme Energy’s patented molten hydroxide ...
01-05-2025
-
Vioneo appoints Wood to design world’s first industrial scale fossil-free plastics facility
Vioneo has awarded Wood, a global leader in consulting and engineering, a multi-million dollar FEED contract to deliver the front-end engineering design for its revolutionary ...
01-05-2025
-
Topsoe chosen as technology provider by Zhejiang Jianglan for SAF project
Topsoe, a leading global provider of advanced technology and solutions for the energy transition, has signed an agreement with Zhejiang Jianglan, a company in the Jianglan ...
29-04-2025
-
TotalEnergies to offtake 1.5 Mtpa of LNG from the future Train 4 of Rio Grande LNG Facility
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future ...
24-04-2025
-
TotalEnergies to supply LNG for 15 years in the Dominican Republic
TotalEnergies has signed an agreement with Energia Natural Dominicana, the Joint Venture between AES Dominicana and Energas in the Dominican Republic, for the delivery ...
24-04-2025