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44.01 announces its first European CO₂ mineralisation project, in partnership with Equinor and Jarðfeingi

The EU-Funded DecarbFaroe project will demonstrate the potential for safe, permanent CCS in old basalt, the most common rock type on earth.

11/03/2026

Image of Faroe Islands

44.01 announces its first carbon capture and storage (CCS) project in Europe. Co-led by 44.01, Equinor and Jarðfeingi (The Faroese Geological Survey), the EU-funded project will explore using 44.01’s CO₂ mineralisation technology to lock captured carbon dioxide underground in old basalt rock, the most wide-spread rock type on earth. By demonstrating that CO₂ mineralisation in old basalt is a scalable, low-cost, distributed CCS solution, the project will create a model for global adoption.

Located on Faroe Islands, the project will inject CO₂ deep underground into old basalt formations where it will react to form stable carbonate minerals, locking away the greenhouse gas permanently. The project will demonstrate in-situ mineralisation in old basalt is a safe, effective way to decarbonise local industries and remove greenhouse gases.

Funded by the EU’s Clean Energy Transition Partnership, DecarbFaroe brings together 19 partners from across 8 countries and 3 continents, combining expertise in geology, subsurface engineering, carbon storage and project delivery.

44.01’s technology has been proven safe and effective in accelerating the natural CO₂ mineralisation in peridotite rock formations in Oman and the UAE. Demonstrating its technology in old basalt will extend the global potential of 44.01’s scalable, local alternative to conventional CCS.

In-situ mineralisation can be deployed on every continent and 44.01 is working to scale its technology and expand internationally. It can play a significant role to help remove CO₂ from the atmosphere, decarbonise heavy industries, and assist countries to reach their Net Zero ambitions.


About DecarbFaroe
DecarbFaroe will demonstrate safe, permanent carbon storage in old basalt formations in the Faroe Islands, helping pave the way for scalable carbon mineralisation in Europe. Funded by the EU’s Clean Energy Transition Partnership, the three-year project combines industry, academia and public stakeholders to demonstrate a technically feasible, economically viable and socially accepted carbon storage solution
For more information, visit: https://decarbfaroe.fo


About 44.01
44.01 eliminates CO₂ by turning it into rock underground. The company’s award-winning technology accelerates the natural process of CO₂ mineralisation to remove CO₂ permanently in years. 44.01 takes CO₂ captured from the atmosphere, biogenic sources or hard-to-abate industrial processes, helping decarbonise vital industries and ultimately return the atmosphere to sustainable levels of CO₂. The process is safe, scalable and lasts forever.
For more information, visit: https://4401.earth