KBR bagged a FEED contract for Fidelis New Energy Project

KBR, a US-based engineering firm, has secured a FEED contract for a liquid carbon dioxide receiving terminal in Denmark, entrusted by Fidelis New Energy. The terminal, part of the pioneering Project Fyrkat, will be situated at the Port of Aalborg and is linked to Project Norne's larger ambitions to store substantial CO2 quantities by the end of the decade.

Project Fyrkat is anticipated to be among the initial onshore CO2 sequestration ventures, aiming to secure over 20 million tonnes of CO2 annually by 2030. KBR's role will encompass providing detailed engineering solutions for the LCO2 handling and storage at the facility, drawing on its experience from previous LCO2 projects.

Fidelis New Energy's European operations, led by Ulrik Weuder, have been laying the groundwork in Denmark to establish Project Norne as a leading carbon storage hub in Europe. The project is designed to offer a safe and economical decarbonization option for Northern European emitters.

The storage strategy of Norne capitalizes on Denmark's unique underground formations, allowing CO2 to be securely sequestered onshore within deep geological reservoirs. This method ensures the permanent and natural integration of CO2 into the subsoil, eventually leading to its mineralization.

Denmark's geological capacity for CO2 storage, as per GEUS, is substantial, with the potential to store over 22 billion tonnes, significantly surpassing the projected CO2 output from Danish sources, estimated between 8 to 10 million tonnes of CO2 emissions per year.

Moreover, Denmark's strategic position, nestled between the North and Baltic Seas, positions it as a potential hub for offering storage solutions to other European nations looking to mitigate their carbon footprint. This advantage could see Denmark playing a crucial role in the broader European efforts to combat climate change by providing excess storage capacity for CO2 emissions.

According to the article by Procurement Resource, KBR has been awarded a contract to design a CO2 receiving terminal in Denmark for Fidelis New Energy's Project Fyrkat, aiming to capture over 20 million tonnes of CO2 annually by 2030. Denmark's geological storage potential exceeds its emissions, making it a key player in Europe's carbon reduction strategy by offering storage solutions to neighboring countries.