MONACO – SBM Offshore and Mitsubishi Heavy Industries (MHI) have agreed to form a partnership offering a CO2 capture service for FPSOs while they are producing oil and gas.
It follows an engineering and design study which demonstrated the technical feasibility and commercial readiness of the CO2 capture technology offshore.
The CO2 capture method will employ MHI’s proprietary Advanced KM CDR Process technology, developed jointly with The Kansai Electric Power Co.
Using this to capture CO2 from gas turbines on FPSOs could reduce emissions from the vessels’ overall operations by up to 70%, SBM claimed, adding that demand for de-carbonization of FPSO operations is set to rise rapidly.
The solution is under development as part of the company’s emissionZERO program, combining MHI’s technology with SBM’s Fast4ward approach to FPSO construction.
In time, the collaboration could also provide a way forward for offshore CO2 capture and storage development.