Aker Carbon Capture

Regulatory Filings • Feb 7, 2022

Aker Carbon Capture and Dan-Unity CO2 to explore solutions for maritime transport of CO2

Aker Carbon Capture and Dan-Unity CO2 to explore solutions for maritime transport of CO2

Aker Carbon Capture and Dan-Unity CO2 of Denmark have signed a collaboration

agreement to develop flexible CO2 transport solutions, with the aim of

establishing a full carbon capture, utilization and storage (CCUS) value chain.

"By teaming up with the industry leaders in the fields of CO2 transport and

storage, we aim to establish compelling full value chain offerings that will

enable industrial emitters of CO2 to decarbonize their assets faster," said Jon

Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.

Dan-Unity CO2 is the world's first carbon capture and storage-specific shipping

entity, established by Danish shipping companies, Evergas and Navigator Gas,

each a market leader within their respective segments. Thus, Dan-Unity CO2 draws

upon extensive knowledge and expertise in the shipment of liquid gasses to

design, build, and manage the pioneering transportation solution required for

CCS projects.

"The key to success for CCUS comes by strong partnerships, enabling to offer

customers cost effective and safe solutions all the way," said Steffen Jacobsen,

CEO of Dan-Unity CO2. "Transporting CO2 by sea allows for maximum flexibility

and multiple sourcing points, thus unlocking economies of scale for many CCS

projects, often delivering a lower cost per tonnes compared with other transport

solutions".

Aker Carbon Capture and Dan-Unity CO2 will explore the development potential of

future CCS value chains by collaborating on market analysis and insight, with

the aim of identifying and maturing specific opportunities.

The companies will utilize their considerable collective industry expertise to

identify technical and commercial risks across the CCS value chain, including

capture and liquefaction technology, loading and offloading operations, offshore

offloading, intermediate storage and permanent subsurface storage.

ENDS

Media contact:

Ivar Simensen, mob: +47 464 02 317 (http://tel:+47 464 02 317), email:

ivar.simensen@akerhorizons.com

Investor contacts:

Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:

christian.yggeseth@akerhorizons.com

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

david.phillips@akercarboncapture.com

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).