Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Wednesday, June 18, 2025

Yinson Production and “K" Line Energy Shipping (UK) (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha ("K" LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2.

Under the memorandum of understanding (MoU), Yinson Production and KLES will jointly develop and market a floating storage and injection unit (FSIU) and a liquefied CO2 carrier.

The collaboration will target carbon capture and storage (CCS) projects being developed mainly in Europe.

For CCS projects worldwide, offshore sequestration is a safe and efficient way of permanently storing large volumes of CO2.  FSIUs are well suited to serve as a solution for offshore CCS projects where it is difficult to secure sufficient land for an onshore CO2 receiving terminal, or where the distance between a receiving terminal and the offshore storage site would require an extended pipeline.

As such, FSIUs are being considered for several projects, including the Havstjerne CCS project in Norway. The Havstjerne carbon storage project is 40% owned by Stella Maris CCS, a unit of Yinson Production.

Through this MoU, the companies will leverage their combined expertise to develop integrated solutions for the transportation and injection of liquefied CO2 in the CCS value chain. This initiative supports the decarbonization of industries and society.

"This collaboration with “K” LINE builds on our longstanding relationship and complements our deep knowledge of offshore marine systems. By combining our FPSO and offshore engineering expertise with “K” LINE’s proven CO2 shipping capabilities, we are well positioned to contribute to the development of innovative services that will enable large-scale carbon transport and storage.

“This provides a one-stop solution to help industrial emitters achieve their decarbonisation targets. We look forward to supporting the growth of the CCS sector and accelerating progress toward global decarbonization,” said Lars Gunnar Vogt, Chief Technical Officer of Yinson Production, said:

"Our collaboration with Yinson Production builds on a strong foundation established through FPSO business and reflects our shared commitment to enabling scalable CCS solutions.

“By combining their offshore engineering expertise with our experience in CO2 shipping, we are developing an offshore unloading capability and bespoke transport solutions to serve a broader range of CO2 storage sites. This will complement traditional port-to-port transport models for CCS Value Chain and offer emitters greater flexibility in meeting their decarbonization goals,” added Kei Onishi, Corporate Officer of “K” LINE.

Categories: Inspection & Repair & Maintenance Construction Vessel ROV & Dive Support Floating Production Support Vessel CCS Floating Storage Carbon Capture And Storage LCO2 Carriers Offshore Vessels Industry News Activity Asia

Related Stories

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

ABL Gets Papua New Guinea FSO Job

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Noble Gets $136M Brunei Drillship Job

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Offshore Vessel Pair Ordered from Grandweld Shipyard

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

Current News

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

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