BAKU, Azerbaijan, March 5. Italian engineering
giant Saipem has signed a non-exclusive cooperation agreement with
Capsol Technologies ASA to jointly develop carbon capture projects,
focusing on the Hot Potassium Carbonate (HPC) segment, Trend
reports.
The deal aims to leverage Capsol’s cost-competitive CO₂ capture
technology and Saipem’s expertise in executing complex energy
projects to provide industrial emitters with integrated, scalable,
and fast-to-implement solutions, particularly in hard-to-abate
sectors.
The partnership builds on experience from a large-scale
bioenergy carbon capture and storage (BECCS) plant under
construction for Stockholm Exergi, where Saipem is the EPC
contractor and Capsol’s technology is being deployed. Both
companies said they intend to expand offerings for industrial
clients seeking large-scale HPC-based CO₂ capture solutions.
Under the agreement, Saipem and Capsol can coordinate
participation in bids and tenders, delivering integrated packages
that include technology, optimized design, modular solutions, and
project execution capabilities.
The initiative forms part of Saipem’s broader strategy to expand
its carbon capture portfolio, with a focus on potassium
carbonate-based solvents and proprietary modular solutions for
small and medium emitters, including its Bluenzyme™ technology.
