Aker Carbon Capture, Altera Infrastructure and Höegh LNG have entered a non-exclusive collaboration to explore a full value chain offering for carbon capture, utilization, and storage . The parties will collaborate on offering Carbon Capture as a Service to industrial emitters, enabling cost-effective implementation of the full value chain needed to realize carbon capture, utilization, and storage projects for industrial emitters. Altera Infrastructure and Höegh LNG are global maritime and infrastructure companies, providing services in the CCUS value chain including gaseous and liquid CO2 gathering, purification, liquification, transportation and permanent underground storage of CO2.

Their Stella Maris CCS project covers large-scale transport with shuttling of CO2 to an offshore site for injection and permanent storage in a relevant subsea reservoir. The collaboration is non-exclusive, allowing the parties to offer a full value chain offering at locations where the combined technical concept of Aker Carbon Capture's technology and the processing and shipping capabilities of Altera Infrastructure and Höegh LNG is best suited, whilst leaving the parties with flexibility to work with alternative solutions elsewhere. Höegh LNG operates world-wide in a leading position as owner and operator of floating LNG import terminals, FSRUs (Floating Storage and Regasification Units).

Höegh LNG is also one of the most experienced operators of LNG Carriers (LNGCs).