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

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

Mermaid Maritime Expands Into US Offshore Market

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Israel Steps Up Mediterranean Gas Search

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Current News

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

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