Dutch floater expert SBM Offshore and Japanese shipbuilder Mitsubishi Heavy Industries (MHI) have signed a partnership agreement that will offer a CO2 capture solution for FPSOs during oil and gas production from offshore reservoirs.
The agreement follows an 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 Process technology, jointly developed with 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 CO2 capture technology and SBM Offshore’s Fast4ward principles.
“The technology, which we are now able to offer clients, is an essential solution to substantially reduce the carbon footprint of our FPSOs,” Olivier Icyk, managing director of floating production solutions at SBM Offshore, said.
“Combining proven technologies of both companies will be an important step towards decarbonization of offshore greenhouse gas emissions from FPSOs. With this agreement, we will accelerate the offshore carbon capture business in order to achieve a carbon-neutral society,” Kenji Terasawa, CEO and head of engineering solutions at MHI, added.
