Navigator and Bumi Armada unveil CO2 joint venture plans


Liquefied gas carrier specialist Navigator Holdings and floating infrastructure operator Bumi Armada Berhad have unveiled plans to launch a new joint venture that will provide carbon dioxide (CO2) shipping and injection solutions to the UK.

The duo today (20th June) unveiled plans for the Bluestreak CO2 joint venture, having signed a non-binding Memorandum of Understanding (MoU).

To be owned 50% by Navigator and 50% by Bumi Armada, the Bluestreak CO2 joint venture will design and implement a value chain of shuttle tankers that will deliver captured CO2 to a floating carbon storage and injection unit.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...