Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ADVERTISE WITH US
  • FREE SUBSCRIPTIONS
    • Digital Newsletter
  • MUST READ ARTICLES
  • CONTACT

Partnership agreement for FPSO CO2 Capture Solution

Friday, September 15 2023

General – CO2 Capture

SBM Offshore and Mitsubishi Heavy Industries (MHI) today announced the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.

The agreement follows a successful engineering and design study between the companies demonstrating the technical feasibility and commercial readiness of CO2 capture technology offshore.

The CO2 capture solution will apply MHI’s proprietary Advanced KM CDR ProcessTM technology, jointly developed with The Kansai Electric Power.

The technology enables significant greenhouse gas emissions reductions from FPSOs by capturing CO2 from onboard gas turbines.

It is estimated that the CO2 capture technology can reduce CO2 emissions from overall FPSO operations by up to 70%.

The solution is being developed as part of SBM Offshore’s emissionZERO program and is based on a combination of MHI’s proprietary CO2 capture technology and SBM Offshore’s industry leading Fast4ward principles.

Demand for decarbonization of FPSO operations is expected to increase rapidly. Through this collaboration, the companies will aim to open the door to offshore CO2 capture and storage development, making a concrete contribution to carbon neutrality efforts.

Related posts:

  1. 10-year Operations and Maintenance Enabling Agreement
  2. Naming ceremony of Prosperity FPSO
  3. Prosperity safely arrived at Stabroek Block offshore Guyana
  4. FPSO Sepetiba sails away from China

Filed Under: CO2, CO2 storage, FPSO, International projects, Mitsubishi, SBM Offshore Tagged With: CO2, FPSO, MHI, partnership, SBM

All rights reserved - 2025 cookies