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

The non-exclusive cooperation agreement between Saipem and Capsol Technologies ASA, announced March 5, 2026, strategically integrates specialized CO2 capture technology with global EPCI capabilities. This partnership focuses on the Hot Potassium Carbonate (HPC) segment, aiming to deliver comprehensive industrial-scale CO2 capture solutions. Capsol Technologies ASA benefits from Saipem's extensive experience in complex energy projects, gaining a direct channel for its efficient CO2 capture technology into large industrial emitters. Saipem, in turn, enhances its offering by incorporating Capsol's proven HPC technology, allowing for more integrated and optimized solutions in hard-to-abate and energy sectors. The agreement's non-exclusive nature allows both parties flexibility while enabling coordinated participation in bids and tenders. This collaboration builds directly on their existing work on the large-scale bioenergy carbon capture and storage (BECCS) plant for Stockholm Exergi, where Saipem is the EPC contractor utilizing Capsol's technology. Saipem, a global leader in engineering, procurement, construction, and installation (EPCI) services, strengthens its position in the evolving carbon capture market through this agreement. The company's specialization in complex energy and infrastructure projects makes it a natural fit for integrating industrial-scale CO2 capture solutions for large industrial emitters. For Capsol Technologies ASA, this partnership provides a critical pathway for the deployment of its efficient CO2 capture technology, particularly within the Hot Potassium Carbonate (HPC) segment. The existing collaboration on the Stockholm Exergi BECCS plant demonstrates a proven working relationship, offering a tangible example of their combined capabilities. This cooperation allows Saipem to offer a more complete solution, enhancing its competitive edge in bids for decarbonization projects in hard-to-abate and energy sectors.