decarbonfuse Icons/logo

Press Release

Orlen and Equinor Agree to Develop Carbon Capture Projects

Published by Todd Bush on March 3, 2025

Orlen (PKN.WA) and Equinor (EQNR.OL) signed a memorandum of understanding (MoU) on Monday for the development of carbon capture and storage (CCS) projects.The documents were signed by Irene Rummelhoff, Executive Vice President at Equinor, and Wieslaw Prugar, Orlen Management Board Member in charge of upstream.

Under the memorandum, Orlen and Equinor will jointly identify potential carbon dioxide storage sites in Poland, considering both onshore areas and the Polish sector of the Baltic Sea, Orlen said in a statement.

"We hope we can jointly develop a CCS value chain," Rummelhoff told a news briefing in Warsaw, adding, "We believe there are geological formations suitable for carbon dioxide storage, and we eagerly await Polish regulations on CCS storage."

"We have a lot of potential in carbon dioxide storage. We could jointly work on the Norwegian Continental Shelf but also in Poland," said Prugar.

In its new strategy, Orlen has stated that it aims to reach the capacity to capture, transport, and store 4 million metric tons of carbon dioxide annually by 2035.

>> In Other News: Baker Hughes and Frontier Infrastructure Enter Carbon Capture Partnership

Icons/external Source

Add Comments

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Companies

Latest issues

  • Inside Hyundai’s $6B Plan to Flip U.S. Energy

    Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...

  • Is Canada Quietly Winning the Carbon Race?

    Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...

  • This JPMorgan Deal Could Reshape the Future of Carbon Markets

    Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration