Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea
INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS), reinforcing its track record as a trusted specialist in critical equipment for liquefied gas.
The INEOS-led Project Greensand will become the EU’s first full-scale CO₂ storage facility, contributing to climate change mitigation. Following a successful trial, storage operations are set to begin by late 2025 or early 2026.
INEOS recently entered a long-term agreement with maritime logistics company Royal Wagenborg to construct and deploy the first dedicated LCO₂ carrier for the Greensand project. Now, INEOS has selected Svanehøj as the supplier of CO2 cargo pumps for the new vessel. Svanehøj will also deliver CO2 pumps for the project’s onshore facility in Port Esbjerg.
"We have worked closely with INEOS' development team over the past year to specify customized pump solutions for both the onshore terminal and the vessel. It has been a rewarding process, allowing us to leverage our extensive expertise in CO₂ and contribute to an optimized design regarding flow and pressure" said Magnus Madsen, Sales Manager, Cargo Gas, at Svanehøj.
Decades of experience in CO2 pumps. Svanehøj delivered its first cargo pump solution for an LCO2 carrier in the 1990s. Being one of the few marine pump manufacturers with experience in CO2 pumping systems, the company has identified CCS among its future key growth segments.
Notably in 2024, Svanehøj was awarded a contract to supply CO₂ pumps for the world's largest LCO₂ carriers, currently under construction at HD Hyundai Mipo. Svanehøj is also the supplier of CO₂ pumping systems for the Northern Lights LCO₂ fleet in Norway. The new order from INEOS and Project Greensand further strengthens Svanehøj’s position as a market leader in the CCS segment.
400,000 tons of CO2 a year from 2026. Project Greensand is named after the type of sandstone beneath the seabed in the Danish North Sea. By initiating the first commercial phase, Project Greensand establishes the full-value chain as captured and liquefied CO₂ from Danish biogas producers is transported offshore for injection into depleted oil wells in the North Sea’s Nini Field for permanent storage.
The first purpose-built LCO₂ carrier for Project Greensand will be based on the EasyMax concept, developed by Royal Wagenborg and Royal Niestern Sander shipyard. It is an open-top multi-purpose ice-classed vessel design, combining a large load capacity and low fuel consumption. The vessel is expected to be ready for operation by the end of 2025.
In this phase of the project, INEOS aims to store 400.000 tons of CO2 per year with an outlook to scale the capacity to 8 million tons a year as volumes of captured CO2 for storage increase.
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