• 2024 June 13 10:49

    DNV leads global joint industry project to set standards for crucial CO2 flow meter traceability and accuracy in CCUS

    The study revealed gaps in demonstrating compliance with CO2 metrology for the EU ETS and other international regulations

    DNV says it is at the forefront of a collaborative effort to establish standards for flow meter traceability along the CO2 value chain, for accurate CO2 measurement in advancing carbon capture, utilization, and storage (CCUS).

    As global decarbonization efforts intensify, the success of CCUS projects, such as Porthos, Aramis (Netherlands), Northern Lights (Norway), and Moomba (Australia), hinges on precise measurements and billing for compliance with emissions reduction regulations. Recognizing the importance of this challenge, DNV launched a collaborative industry project in 2022 to conduct a thorough feasibility study on CO2 flow metering.

    The study revealed significant gaps in demonstrating compliance with CO2 metrology for the EU Emissions Trading System (ETS) and other international regulations, and highlighted two significant challenges:

    The absence of an officially recognized and traceable standard for measuring CO2 volume under dynamic conditions for gas, liquid, and dense phase CO2
    The lack of flow laboratories conducting research and calibrations under the necessary process conditions.
    To address these challenges, DNV initiated CO2MET, a joint industry project (JIP) that brings together equipment suppliers, major Transmission System Operators (TSOs), and Exploration and Production companies (E&P), to establish traceable flow standards crucial for CCUS success.

    The JIP is divided into two focused initiatives:

    CO2MET Gas: This project, centered around gas applications, is expected to conclude in June 2024.

    CO2MET LIQ: Focusing on conditions related to liquid, dense, and supercritical CO2, this project requires the design and construction of a new facility at DNV’s Technology Centre in Groningen to enable the development of traceable flow standards. First results are anticipated by the end of 2024; current participants include Shell, TotalEnergies, Equinor, Gasunie, Santos, Inpex, and Gassco, and new participants are welcome to join.




2024 June 26

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2024 June 25

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11:03 Kongsberg Maritime expands its retractable thruster line
10:30 China-made icebreaker research vessel delivered in Guangzhou
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09:46 Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol

2024 June 24

18:06 World’s first methanol dual-fuel retrofit container ship delivered
17:10 New eco-friendly bulk carrier delivered to GOGL
16:30 HD KSOE close to intaking 4.8 trillion won worth order from CMA CGM
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13:56 India's GRSE signs an agreement with Carsten Rehder Schiffsmakler and Reederei for the construction and delivery of four multi-purpose vessels
12:58 EU adopts 14th package of sanctions against Russia
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11:58 MSC Cruises carbon intensity cut by 6.5% in 2023
11:32 Western Baltija Shipbuilding starts construction of the first hydrogen-electric ship for Klaipeda State Seaport Authority
10:45 QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
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2024 June 23

15:42 Auramarine inks representative agreement with Hagedorn Products & Systems GmbH and Hagedorn Service & ENgineering GmbH, Germany
13:06 Drewry: Freight rates from China will continue to rise next week
11:34 Enova finance granted to new ammonia-fuelled gas carrier operation
09:37 MSC signs shore power deal in Hamburg

2024 June 22

15:47 MSC launches new Dahlia service for Asia to Mexico trade
13:29 BV hosts its 25th Hellenic and Black Sea Committee
12:24 HD KSOE develops scrubber technology for ammonia-fueled ships
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2024 June 21

18:09 HGK Shipping names future-fuel-ready dry goods inland waterway vessel
17:53 Chinese shipyards’ plans for next-generation ships
17:41 Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping
16:40 MAN Energy Solutions rejoins SEA-LNG
16:20 India to create $9bn mega port near Mumbai
15:58 Hanwha acquires U.S. Philly Shipyard for $100 million
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14:10 Var Energi, OMV Norge and Lime Petroleum awarded CO2 storage licence in North Sea
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12:43 Fincantieri and Viking sign contracts for two cruise ships
12:25 First of two new-generation emergency response vessels delivered to Hong Kong Fire Service
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10:17 Equinor secures exploration permit for CO2 storage in Denmark
09:56 CMA CGM to reshuffle EURONAF & TMX 2, linking Turkey, Spain, France, Malta, Western Italy, Sicily, Algeria
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2024 June 20

18:06 Mammoet begins assembly of world’s biggest land-based crane
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17:28 DNV's SRC software service launches in Europe
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