Published by Teresa on March 23, 2026
Aker Solutions has been awarded a front-end engineering and design (FEED) contract by KN Energies to support the development of the company’s CO₂ transshipment terminal infrastructure project in Klaipėda, Lithuania.
The project forms part of the CCS Baltic Consortium, which aims to develop the first cross-border carbon capture, transport, and storage (CCS) network in the Baltic region. The Klaipėda terminal infrastructure development is recognized as a project of common interest by the European Commission and is co-funded by the European Union under the Connecting Europe Facility (CEF) for Energy programme.
>> In Other News: Carbon Removal Hubs Languish as DOE Audits Drag on
The planned CO₂ transshipment terminal in Klaipėda is expected to have a capacity of approximately 2.8 million tonnes of CO₂ per year. The terminal will receive CO₂ from industrial sources in Lithuania and Latvia, as well as across the wider Baltic region, for temporary storage before being transported by ship to long-term geological storage sites located beneath the seabed in the North Sea.
As part of the FEED, Aker Solutions will build upon findings from previous phase technical evaluations to further refine the technical design specification of the planned infrastructure as well as evaluate potential expansion routes for the development.
Aker Solutions has been designing and delivering CO₂ infrastructure projects since the 1990s, with experience spanning the full CCS value chain, from carbon capture integration to CO₂ transport, terminal and hub infrastructure, and permanent storage. As a systems integrator, the company continues to advance technical solutions that enable the efficient and scalable development of CCS.
“Building on more than 30 years of CCS experience, as well as learnings from first-of-a-kind projects such as Northern Lights, Brevik and Oslo CCS, we are proud to support KN Energies in realizing this flagship project, which is of great importance to the Baltic region, as well as wider Europe,” said Henrik Inadomi, executive vice president of New Energies at Aker Solutions.
KN Energies is an international energy terminal operator enabling safe and reliable flows of liquid energy and liquefied natural gas across the Baltic Sea region.
“The successful procurement of a FEED contractor for Klaipėda liquid CO₂ terminal marks an important milestone in CCS Baltic Consortium development and commitment of KN Energies to further increase maturity of this project of EU Common Interest. I am confident that by combining KN Energies’ proven global operational experience in marine cryogenic and liquid terminals management, with Aker Solutions’ deep engineering expertise built across decades of delivering complex CO₂, energy, and cryogenic infrastructure projects worldwide places KN Energies in a strong position to provide efficient and scalable solutions for the Baltic region.
“As the terminal advances into the FEED stage, KN Energies is reinforcing its commitment to providing reliable, safe, and customer-centric CO₂ logistics services for industrial emitters in both Latvia and Lithuania supporting regional decarbonization ambitions and enabling a fully integrated cross-border CO₂ value chain,” said Linas Kilda, chief business development officer at KN Energies.
The FEED phase is scheduled for completion in the third quarter of 2026 and will involve more than 100 Aker Solutions employees from across Norway, India and the UK. The targeted commercial operational date for the Klaipėda CO₂ terminal is 2030, with a final investment decision planned for 2027.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🧬 Caravel Bio Accelerates Cost-Efficient Carbon Capture With Novel Protein Engineering 🧂 Akros Energy Inaugurates Pilot Plant For Salt-Based Hydrogen Storage 🍁 Anaergia’s Rhode I...
Inside This Issue ✈️ Par Pacific's Kapolei Biorefinery Is Now Making SAF in Hawaii ⛽ IRFA Confident Year-Round E15 Will Receive Strong, Bipartisan Support During May 13 House Vote 🛩️ LanzaTech Sel...
Inside This Issue ⚙️ Horizon's 5MW AEM Delivery to Rockcheck Steel Marks a Commercial First 🗺️ Verra Selects Data Service Providers to Produce REDD Risk Maps 🟢 More Green Hydrogen on Its Way 🔌 Ten...
FOR IMMEDIATE RELEASE New initiative will sharpen the scientific evidence needed to bring ERW into compliance carbon markets and agricultural programs worldwide, with founding support from Frontie...
HOUSTON, TX / ACCESS Newswire / May 13, 2026 / XCF Global Inc. (Nasdaq:SAFX), an emerging renewable fuels company focused on sustainable aviation fuel ("SAF"), today announced its support for South...
California's $11M DAC Fund Sets a New Performance Bar
California is putting $11 million on the table for pre-commercial direct air capture projects, and the dollar amount is almost beside the point. What matters are the benchmarks: projects must captu...
Willis Launches Integrated Risk And Insurance Solution For Carbon Capture
LONDON, May 13, 2026 (GLOBE NEWSWIRE) -- Willis Towers Watson US LLC, a WTW business (NASDAQ: WTW), today announced the launch of its Carbon Capture and Storage (CCS) insurance solution. The CCS i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.