OTC 2022: ABS approves CO2 injection platform for South Korea offshore gas field

May 3, 2022
ABS has awarded Hyundai Heavy Industries (HHI) Approval in Principle (AIP) for its carbon-dioxide injection platform during OTC.

Offshore staff

HOUSTON – ABS has awarded Hyundai Heavy Industries (HHI) Approval in Principle (AIP) for its carbon-dioxide injection platform during OTC.

This is designed to store carbon dioxide that has been captured on land, liquefied at high pressure and then transported to the sea via a subsea carrier or pipeline.

HHI developed the platform with a view to storing 400,000 t/yr of CO2 in South Korea’s East Sea gas field from 2025 onwards.

This was one of two joint development partnership signed by two parties for the gas field project at the 2021 United Nations Climate Change Conference, COP26.

The other concerned developing technical guidance for green hydrogen production from offshore platforms as a first step towards design and construction of a facility by 2025.

ABS has also issued AIP to the offshore green hydrogen production platform, which will be linked to renewable power sources on land as a near-shore concept, as well as a variety of offshore wind power.

It will offer options including hydrogen liquefaction, ammonia and methanol conversion to hydrogen power systems, to cover various hydrogen sources and transportation methods.

05.03.2022