LogIn LogOut

Samsung Heavy, MISC to Build Floating CO2 Storage Units

January 19, 2023

Credit: SHI
Credit: SHI

South Korea's Samsung Heavy Industries said Wednesday it had signed a memorandum of understanding with Malaysia's MISC to jointly develop floating CO2 storage units.

The Floating CO2 Storage Unit (FCSU) is a new concept of offshore unit that can store carbon dioxide captured from onshore terminals before it goes into the depleted offshore gas and oil wells.

SHI, as an offshore solution provider, together with MISC plans to develop FCSU and FCSU-I with injection units at the top of the facility for CCS value chain, and pioneer into CCS market by establishing a strategy for FCSU-L with liquefaction units.

According to SHI, there are more than 100 CCS projects currently being developed and assessed around the world, including in Malaysia.



Current News

QatarEnergy in 15-Year LNG Supply Deal with Bangladesh

QatarEnergy in 15-Year LNG Supply Deal with Bangladesh

Vestigo Petroleum Books Jack-up Drilling Rig for 5-Well Program

Vestigo Petroleum Books Jack-up Drilling Rig for 5-Well Program

Valeura Extends FPSO Charter and Maintenance Services Contract for Jasmine Oil Field

Valeura Extends FPSO Charter and Maintenance Services Contract for Jasmine Oil Field

Cyan, Taya in Offshore Wind Vessel Collab in Taiwan

Cyan, Taya in Offshore Wind Vessel Collab in Taiwan

Iraq Approves $416.9M to Build Third Offshore Export Pipeline. Dutch Firm Selected for the Job

Iraq Approves $416.9M to Build Third Offshore Export Pipeline. Dutch Firm Selected for the Job

QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source

QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source

TGS, PGS, and Schlumberger in 6,885 sqm 3D Seismic Survey Offshore Malaysia

TGS, PGS, and Schlumberger in 6,885 sqm 3D Seismic Survey Offshore Malaysia
photo

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