Business Wire

MT Group Signs Contract with Ørsted to Build Large-scale CO2 Capture and Storage Facility in Denmark

Share

MT Group, an EPC contractor engaged in strategic energy and industrial infrastructure projects across Europe, has signed a contract with Danish energy leader Ørsted for the engineering and construction of Balance of Plant (BoP) piping and equipment for a carbon capture facility.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240915027054/en/

Mindaugas Zakaras, CEO of MT Group (Photo: Business Wire)

"The signing of this contract is a significant milestone for MT Group and a strong testament to our commitment to driving the renewable energy transition across Europe," says Mindaugas Zakaras, CEO of MT Group.

Advancing Global Efforts to Combat Climate Change

This contract is part of Ørsted's 20-year agreement with the Danish Energy Agency (DEA) for the ambitious carbon capture and storage (CCS) project, the ‘Ørsted Kalundborg CO2 Hub.’ It aims to capture and store 430,000 tons of CO2 annually from two Ørsted Power stations. The captured CO2 will be transported to Northern Lights in Norway for geological storage, contributing to global efforts to combat climate change.

Under this agreement, MT Group will handle the engineering and construction of piping for the BoP equipment for the CO2 capture and storage facility including installation of BoP equipment. Responsibilities include finalizing the BoP facility's design and integrating it with the existing woodchip-fired boiler plant and the new CO2 capture and storage facility at Asnæsværket, Denmark.

MT Group will also oversee the procurement, supply, construction, and installation of the entire cooling and steam systems, including pipelines, to the interface of the CO2 capture and storage units. Additionally, the company will ensure the scope of supply undergoes rigorous testing and commissioning to meet all regulatory and operational standards before it becomes fully operational.

Strengthening MT Group's Renewable Energy Portfolio

This contract aligns with MT Group’s strategic focus on the renewable energy transition. “We have firmly established MT Group as a strong and reliable EPC contractor, particularly in the development of complex natural gas and LNG projects across Europe. This contract marks a significant step in our expansion in the green energy markets and strengthens our position in this rapidly growing area,” adds Mindaugas Zakaras.

MT Group is a leading EPC contractor in critical energy and industrial infrastructure projects across Europe. The company is also a founding partner in one of the largest Renewable Energy undertakings in the world. Green Energy Park will produce some of the most cost competitive Green Hydrogen at the gigawatts scale, servicing the decarbonization needs of the hard to abate sectors, including transport and power across Europe and elsewhere around the world.

MT Group’s expertise extends to the development and construction of renewable energy, hydrogen and carbon capture facilities, positioning the company at the forefront of sustainable engineering solutions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240915027054/en/

Contacts

Migle Poskute Klimasauskiene

Migle Poskute Klimasauskiene
M.: +370 656 57230
E.: m.klimasauskiene@mtgroup.lt

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Leading Global Scientists Gather at Tengchong Scientists Forum to Explore Innovative Pathways in Frontier Technologies6.12.2025 12:31:00 CET | Press release

The 2025 Tengchong Scientists Forum opened on Saturday in southwest China’s Yunnan Province, convening leading scientists and academic figures to examine innovation across frontier fields including artificial intelligence, biodiversity and quantum technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251205499197/en/ Opening ceremony of Tengchong Scientists Forum on 6th December, 2025 Notable participants include Nobel Physics laureate Konstantin Novoselov, Fields Medalist Efim Zelmanov and Turing Award winner Andrew Chi-Chih Yao, who join 127 academicians, 77 university presidents from China and abroad, over 400 scholars and more than 600 entrepreneurs and financiers. The gathering aims to deepen collaboration between cutting-edge research and industrial development. Under the theme “Science · AI changing the World,” the forum features ten sub-forums, academic sessions and thematic events supporting major cooperation p

Lattice Wins 2025 Global Semiconductor Alliance Award6.12.2025 00:49:00 CET | Press release

‒ Named Most Respected Public Semiconductor Company Achieving $100 Million to $500 Million in Annual Sales ‒ Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it was selected as ‘Most Respected Public Semiconductor Company’ at the 2025 Global Semiconductor Alliance (GSA) Awards. The GSA awards recognize companies that have demonstrated excellence through their success, vision, strategy, and future opportunities in the industry as determined by votes from GSA members. “We are honored to be recognized by the Global Semiconductor Alliance and our peers as one of 2025’s most respected public semiconductor companies. This recognition reflects the dedication of the Lattice team and the trust of our customers, partners, suppliers, and investors. Looking ahead, we remain laser-focused on driving innovation and strengthening our role as the trusted low power programmable leader for semiconductor and system solutions,” said Ford Tamer, Chief Executive

Andersen Consulting udvider sine kapaciteter inden for digital transformation5.12.2025 16:53:00 CET | Pressemeddelelse

Andersen Consulting indgår en samarbejdsaftale med Neit Consulting, et firma med fokus på at skabe mere effektiv drift, integrere intelligente teknologier og accelerere den digitale modenhed for kunder. Neit Consulting er et konsulentfirma med base i Tjekkiet og mere end 20 års erfaring med at levere ISO-certificerede it- og forretningsrådgivningsydelser inden for dataanalyse, performance management og procesoptimering. Med mere end 200 konsulenter hjælper firmaet kunder – herunder globale banker, forsikringsselskaber, produktionsvirksomheder og offentlige instanser –gennem virksomhedsrådgivning, implementering af it-systemer og langsigtet systemsupport. Neit Consulting betjener kunder internationalt med fokus på at afstemme digital kapacitet med komplekse driftsmæssige behov. "Dette samarbejde afspejler et markant fremskridt i omfanget af de ydelser, vi tilbyder vores kunder," udtaler Tomáš Niederle, salgsdirektør for Neit Consulting. "Andersens globale rækkevidde og tværfaglige tilga

Fitch Learning Completes Acquisition of Moody’s Analytics Learning Solutions and the Canadian Securities Institute5.12.2025 16:48:00 CET | Press release

Combined entity to accelerate financial services skills development and drive measurable business outcomes across 148 countries Fitch Learning, the global leader in financial learning and professional certifications, today announced the completion of its acquisition of Moody’s Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI). MALS is a global provider of credit and digital learning, and CSI is a leading provider of certifications for the Canadian financial services industry. Fitch Learning, recognized globally as the premier financial education provider, delivers specialized training for the financial services industry through accredited qualifications, flexible corporate solutions programs, managed services and digital learning solutions trusted by leading institutions worldwide. The combined business will serve over 92,000 finance professionals across 148 countries, at every stage of their careers. “This acquisition is about creating more opportunities

Arthur D. Little and Vega IT Unveil Joint Venture for Digital Innovation5.12.2025 16:00:00 CET | Press release

Arthur D. Little (ADL) and Vega IT today announced the formation of Axceler8 Solutions, a 50/50 joint venture created to design, develop, and operate a portfolio of digital and AI solutions aimed at improving efficiency and automating complex business processes. The launch of this new company is the direct outcome of a year of successful collaboration between the two firms and marks a new phase in their shared ambition to bring scalable, high-performance digital solutions to market, aiming to further augment their clients’ capacity to compress time to impact in a variety of domains. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251205465303/en/ Arthur D. Little and Vega IT have announced the formation of Axceler8 Solutions, a 50/50 joint venture created to design, develop, and operate a portfolio of digital and AI solutions. Axceler8 Solutions’ first product, Axceler8 Rx, is now live as a newly developed platform, and is a

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye