Japanese shipowner Mitsui OSK Lines has teamed up with Bahrain’s Bapco Energies to develop a cross-border carbon capture and storage project.
The two companies inked a memorandum of understanding to set up a CCS value chain under which MOL would ship liquefied CO2 and Bapco provide the sequestration sites.
The partners laid out their plans for the separation, capture, transport, injection and storage of CO2 after a signing ceremony in Dubai.