INEOS has chosen Svanehøj, a unit of ITT Inc., to supply CO₂ cargo pumps for both the onshore facility and the first dedicated LCO₂ carrier for Project Greensand in the Danish North Sea. This contract strengthens Svanehøj’s foothold in carbon capture and storage (CCS), further cementing its role as a key player in liquefied gas handling solutions.
Project Greensand, led by INEOS, aims to establish the EU’s first full-scale CO₂ storage operation, with commercial storage set to begin between late 2025 and early 2026. Following a successful trial, the project is moving toward large-scale implementation.
INEOS recently signed a long-term agreement with Royal Wagenborg for the construction and operation of the first LCO₂ carrier specifically designed for the project. Svanehøj will supply the CO₂ pumps for this vessel, as well as for the onshore terminal at Port Esbjerg. The pumps play a crucial role in ensuring efficient CO₂ handling, meeting the specific pressure and flow requirements for both storage and transport.
Magnus Madsen, Sales Manager for Cargo Gas at Svanehøj, highlighted the collaborative effort with INEOS, stating, “We have worked closely with INEOS’ development team over the past year to specify customized pump solutions for both the onshore terminal and the vessel. It has been a rewarding process, allowing us to leverage our extensive expertise in CO₂ and contribute to an optimized design regarding flow and pressure.”
Decades of Experience in CO₂ Pumping Technology
Svanehøj has been manufacturing CO₂ cargo pumps since the 1990s, making it one of the few marine pump manufacturers with extensive experience in CO₂ pumping systems. The company has identified CCS as a strategic growth area and has been actively expanding its role in this sector.
In 2024, Svanehøj secured a major contract to supply CO₂ pumps for the world’s largest LCO₂ carriers, which are currently under construction at HD Hyundai Mipo. Additionally, the company is the designated supplier for the Northern Lights LCO₂ fleet in Norway, reinforcing its position as a leader in CCS pumping solutions.
Scaling Up CO₂ Storage Capacity
Project Greensand derives its name from the sandstone formations in the Danish North Sea, where CO₂ will be injected into depleted oil wells in the Nini Field for permanent storage. The project will begin by storing 400,000 tonnes of CO₂ annually, with the capacity expected to scale up to 8 million tonnes per year as more captured CO₂ becomes available for sequestration.
The first LCO₂ carrier for Project Greensand will be constructed based on the EasyMax concept, a design developed by Royal Wagenborg and Royal Niestern Sander shipyard. This vessel, an open-top, ice-classed multipurpose ship, combines high load capacity with low fuel consumption. It is expected to enter service by late 2025.
About Svanehøj
Svanehøj designs and manufactures deepwell and submerged pumps for critical applications in the fuel, cargo (gas, P&C), and offshore industries. The company also specializes in high-precision tank gauging systems for LNG and LPG vessels and land-based terminals. With a strong commitment to the energy transition, Svanehøj invests 95% of its R&D budget into developing solutions for low-carbon fuels, including LNG, LPG, CO₂, ammonia, and methanol.
As a part of ITT Inc., Svanehøj operates under ITT’s Industrial Process (IP) division, which focuses on engineered pumps, valves, and aftermarket services. The company has over 400 employees, with a significant presence in Aalborg, Denmark, and additional operations in France, the UK, the Netherlands, Dubai, the USA, Singapore, Japan, and China.
