Deals Counterparts

Saipem and Capsol Technologies partner on industrial-scale CO2 capture solutions

Partnership Industrial announced Mar 5, 2026

Saipem and Capsol Technologies ASA have entered into a non-exclusive cooperation agreement to jointly develop projects in the Hot Potassium Carbonate (HPC) segment for industrial-scale CO2 capture. This partnership aims to combine Capsol’s efficient CO2 capture technology with Saipem’s expertise in delivering complex energy projects, offering integrated solutions to large industrial emitters, particularly in hard-to-abate and energy sectors. The collaboration builds on their existing work on the large-scale bioenergy carbon capture and storage (BECCS) plant for Stockholm Exergi, where Saipem is the EPC contractor and Capsol's technology is utilized. The agreement also enables coordinated participation in bids and tenders, providing a comprehensive package that integrates technology, optimized design, and execution capabilities.

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Timeline

Announced
Mar 5, 2026
Signed
Closed

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