ABS Approves Bumi Armada's Floating Concept for Carbon Storage and Injection

Wednesday, September 6, 2023

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).

Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers. 

This novel concept incorporates the ability to accept LCO2 deliveries in an offshore setting, the flexibility to manage LCO2 at low or medium pressure, the provision of LCO2 buffer storage and the preparation of LCO2 for sequestration - permanent storage of COdeep beneath the seabed.

Rendering of the floating carbon storage and injection unit (FCSIU) – Courtesy of Bumi Armada 

The FCSIU can receive LCO2 from various sources, such as electricity generation, manufacturing and construction, offering a new solution for reducing CO2 emissions from these industries.

The AIP is applicable to either a new build or a converted donor carrier, with smaller tanks to optimize the cargo space layout.

“Carbon capture and reinjection in depleted fields is a promising technology for reducing greenhouse gas emissions, and it is likely that this process will become more widespread and play an increasingly important role in the transition to a low-carbon economy. ABS is a leader in the field and is committed to supporting the safe development and adoption of the technology,” said John McDonald, ABS President and Chief Operating Officer.

Gary Christenson, Bumi Armada’s Chief Executive Officer, said, “We are excited to bring sustainable and scalable solutions to reduce carbon emissions, which is also in line with Bumi Armada’s recently launched decarbonization agenda to achieve net zero by 2050. This solution is a testament to our strong commitment towards providing the best decarbonization solutions globally.”

Stephen Matthew Williamson, Senior Vice President, Technology, Engineering and Projects for Bumi Armada holds the ABS AIP with John McDonald, ABS President and COO. - Credit: ABS

Categories: Energy Industry News Activity Floating Production Decarbonization CCS Carbon Capture And Storage

Related Stories

ADNOC Secures LNG Supply Deal with India's BPCL

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

CNOOC Starts Production at Another Oil Field in South China Sea

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com