SBM Offshore, MHI partner to offer CO2 capture solution for FPSOs

Netherlands-based SBM Offshore and Japan’s Mitsubishi Heavy Industries (MHI) have signed an agreement to offer a CO2 capture solution for floating production storage and offloading vessels (FPSO), SBM Offshore announced on September 15.

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 use MHI's proprietary advanced KM CDR process technology to capture CO2 from onboard gas turbines. The technology is estimated to reduce CO2 emissions from overall FPSO operations by up to 70%, SBM Offshore said.

Olivier Icyk, managing director of floating production solutions at SBM Offshore, said, "The technology, which we are now able to offer clients, is an essential solution to substantially reduce the carbon footprint of our FPSOs. We are pleased to partner up with MHI, a top player whose carbon capture technology perfectly complements our leading experience in floating energy solutions."

"We are very pleased to establish a new partnership with SBM Offshore, a leading FPSO company that is essential to the energy industries," said Kenji Terasawa, CEO and head of engineering solutions at MHI. "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."