Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions

Wednesday, December 18, 2024
Representatives from BV and SHI (Credit: Bureau Veritas)

Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions.

The collaboration will center on validating and certifying cutting-edge CCS technologies that are cost-effective and sustainable.

By blending BV's certification expertise with SHI's innovative technology, the partnership aims to set new industry standards and accelerate the deployment of CCS solutions that can drive a greener, more efficient future.

BV and SHI will also collaborate on pilot projects to test the commercial potential of CCS technologies.

According to the partners, they will conduct environmental studies and develop risk management plans to ensure the safety and sustainability of CCS projects, while BV will use its certification expertise to handle technical reviews and independent risk assessments.

"Our partnership with SHI is an important step in our efforts to support the deployment of innovative carbon capture and storage technologies. By combining our expertise, we aim to advance the commercialization of FCSU and CCS solutions, which are critical for achieving global climate goals,” said Alex Gregg-Smith, Senior Vice President, Asia Pacific (APA) at BV.

“This collaboration marks a significant step towards realizing our vision of a sustainable future. By leveraging the strengths of both SHI and BV, we are committed to accelerating the deployment of carbon capture and storage solutions that meet the evolving demands of the global maritime and offshore industries,” added Haeki Jang, Chief Technology Officer, SHI.

Categories: Technology Offshore Marine Equipment Industry News Activity Asia Decarbonization CCS Floating Storage

Related Stories

NSTA Hosts Speakers and Demonstrations at Offshore Europe

NSTA Hosts Speakers and Demonstrations at Offshore Europe

Teledyne’s Division Launches eXtreamer for Marine Seismic Surveys

Teledyne’s Division Launches eXtreamer for Marine Seismic Surveys

AIQ, SLB Partner Up to Deploy AI Tool Across ADNOC’s Subsurface Ops

AIQ, SLB Partner Up to Deploy AI Tool Across ADNOC’s Subsurface Ops

Current News

Shape Reef AI to be Deployed in Brazil to Enhance Offshore Oil Safety

Argentina’s 30 MMtpa LNG Ambition by 2030 – Is It feasible?

The Gulf of America Can Lead in Carbon Storage, If Washington Acts

Oceaneering Awarded Funding for Rosyth Cable Manufacturing Facility

Subscribe for OE Digital E‑News

Offshore Engineer Magazine