Pilot, Canada’s Svante sign MoU on carbon capture
ASX-listed Pilot Energy and Canada’s Svante Technologies have signed a memorandum of understanding on offering solutions for carbon capture, transportation, and storage to industrial businesses with hard-to-avoid CO2 emissions, Pilot said on April 20.
The parties will target integration of Svante’s solid sorbent-based post-combustion carbon capture technology with Pilot’s Cliff Head CO2 storage project. The objective is to accelerate the commercial deployment of emissions reduction solutions, targeting Australia’s top greenhouse gas emitters.
Pilot’s CO2 storage project is an integral component of its Mid West Clean Energy project, which leverages its existing operational asset base comprising the Cliff Head offshore oil production facility and onshore Arrowsmith separation plant into the production of clean energy.
The project includes a fully integrated carbon capture and storage operation through the conversion of the operating Cliff Head offshore oil field, which will enable the permanent storage of CO2 and the production of blue hydrogen, green hydrogen, and ammonia. Svante’s carbon capture filter technology is intended to be deployed to capture CO2 from industrial flue gas stacks on the sites of emitters.
Pilot Energy and Svante will initially target the decarbonisation of 8mn metric tons/year of CO2 emissions from the Western Australian Kwinana Industrial Area.
“Svante’s innovative solid sorbent carbon capture technology is an ideal solution to efficiently capture the Kwinana Industrial Area’s hard-to-avoid CO2 emissions, and we’re enthusiastic about this new collaboration,” said Brad Lingo, Pilot’s Chairman.
Based in Greater Vancouver, Svante is a carbon capture and removal solutions provider. The company manufactures novel solid sorbent-based nanoengineered filters that capture and remove carbon dioxide from the source of post-combustion industrial emissions before it can reach the atmosphere.