Technip Energies was just awarded Approval in Principle (AiP) from classification society Bureau Veritas (BV) for its floating CO2 storage hub.
Called the Offshore C-Hub, Technip’s novel concept represents a floating vessel designed to hold liquefied carbon dioxide delivered from shuttle tankers, thus providing a temporary storage for the CO2 while also continuously injecting it in a depleted reservoir or offshore aquifer.
The innovative solution has a number of crucial functions that make it an invaluable tool for the budding carbon industry.
Among these is the ability to store liquid carbon parcel and buffer volumes in its cargo section,as well as the capacity to offload the CO2 from carrier vessels in offshore conditions.
Finally, the French engineering company’s Offshore C-Hub can be moored permanently offshore above injection wells, which reduces the subsea system.
Set to be further developed in the Asia Pacific region, Technip’s floating CO2 storage hub can have varying storage volumes, based on project specifics, where temporary storage capacities, for instance, can span from 20,000 to 40,000m3.
Relevant: Technip Energies Reports Q2 2022 Results With Increased Focus On Carbon Capture
Technip Energies is developing its floating CO2 capture and storage hub alongside partners Mitsui O.S.K. Lines (MOL) and carbon capture specialist deepC Store and describes it as the region’s first large-scale offshore multi-user hub.
“We are committed to developing sustainable and innovative solutions including carbon capture utilization and storage (CCUS) solutions to decarbonize the industry and support its clients’ net zero goals”, Technip Energies said.
As per the company’s own description of its concept, it offers a safe and reliable permanent storage solution for carbon dioxide in offshore reservoirs, also at a relatively lower cost.
Read more: Nippon Steel Studies Floating Carbon Capture Hub Opportunities In Australia
