popular articles

Yinson and Azule launch a major offshore carbon capture initiative

Yinson Production Pte Ltd ("YP") joins forces with Azule Energy for a carbon capture pilot project on the Agogo FPSO in Angola, a significant step towards the decarbonization of the offshore industry.
FPSO Agogo en Angola

Please share:

Yinson Production Pte Ltd (YP) is currently working with Azule Energy to implement an offshore carbon capture and storage (CCS) pilot project aboard the FPSO Agogo in Angola. This initiative marks a major milestone in the realization of YP’s zero-emission FPSO concept, aimed at reducing the carbon footprint of the offshore production industry.

Emissions reduction technologies on board the FPSO Agogo

The post-combustion carbon capture system on board the FPSO Agogo is the first of its kind to be installed on a production vessel floating at sea. Designed on a pilot scale, it will be used as a demonstrator to assess its technical readiness and acquire operational expertise. This breakthrough is crucial for the future expansion of CCS technology in YP’s zero-emission FPSO projects.

In addition to the CCS installation, the Agogo FPSO will be equipped with various emission reduction technologies. These include electrification, advanced automation, digitization, a combined generation system, a seawater turbine generator, a hydrocarbon cargo tank containment system and an integrated enclosed flare. These innovations will make a significant contribution to reducing the Agogo FPSO’s overall carbon emissions, while improving its operational efficiency.

Carbon Circle Holding AS: A key player in carbon capture

Carbon Circle Holding AS was selected to design and build the CCS plant. It specializes in carbon capture and energy engineering, procurement and construction (EPC). Construction work is progressing well, with the first steel cut completed in September 2023, and all other stages on schedule.

YP’s commitment to sustainability and emissions reduction

YP CEO Flemming Grønnegaard expressed his commitment to sustainability and the reduction of greenhouse gas emissions. He emphasized that YP strives to explore and deliver sustainable energy solutions, while advising its customers on how to reduce emissions in their offshore operations. He also welcomed the convergence of objectives between YP and Azule in the implementation of emission reduction technologies, such as the CCS installation on board the FPSO Agogo.

Solid contract between YP and Azule for the Agogo FPSO in Angola

In February 2023, YP and Azule signed a solid contract for the supply, operation and maintenance of the Agogo FPSO as part of the Agogo West Hub integrated development project in Angola. This project will mark YP’s first offshore production operation in Angola, and will be the company’s eighth FPSO project in the West African region.

The partnership between Yinson Production Pte Ltd and Azule Energy on the offshore carbon capture and storage pilot project aboard the FPSO Agogo in Angola demonstrates the offshore industry’s commitment to reducing its carbon footprint. This initiative demonstrates that technological advances and innovation are essential to achieving the decarbonization objectives of the offshore production industry. The collaboration between the two companies paves the way for more sustainable energy solutions and a significant reduction in greenhouse gas emissions in the sector.

Register free of charge for uninterrupted access.

Advertising

Recently published in

COP28 President Sultan Al Jaber calls on governments to submit ambitious NDCs to accelerate global decarbonization, relying on technology investment and innovation to reach the 1.5°C climate target.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Large companies are reducing their investments in decarbonization due to geopolitical tensions, although regulations and consumer expectations continue to push them towards better management of their emissions.
Large companies are reducing their investments in decarbonization due to geopolitical tensions, although regulations and consumer expectations continue to push them towards better management of their emissions.
The development of carbon capture technologies is crucial to achieving decarbonization targets, but projects are not progressing fast enough according to experts.
More than half the world's companies are committed to carbon neutrality, but experts condemn the lack of concrete action to achieve this goal, despite ambitious announcements.
More than half the world's companies are committed to carbon neutrality, but experts condemn the lack of concrete action to achieve this goal, despite ambitious announcements.
The price of Australian Carbon Credit Units is set to jump by 56% between now and 2025, according to ANZ forecasts. Prices in New Zealand and China remain stable, in the face of less restrictive policies.
The price of Australian Carbon Credit Units is set to jump by 56% between now and 2025, according to ANZ forecasts. Prices in New Zealand and China remain stable, in the face of less restrictive policies.
Despite the war, Ukraine continues its industrial decarbonization efforts with innovations supported by EBRD and the EU. Pipes.one and Carbominer focus on manufacturing and agricultural efficiency through emission-reducing technologies.
Despite the war, Ukraine continues its industrial decarbonization efforts with innovations supported by EBRD and the EU. Pipes.one and Carbominer focus on manufacturing and agricultural efficiency through emission-reducing technologies.
Ørsted is committed to supplying 330,000 tonnes of CO2 removal credits to Equinor over a ten-year period, supporting its biomass carbon capture and storage projects.
Baker Hughes launches CarbonEdge™, a digital platform for carbon capture, utilization and storage projects, facilitating risk management and regulatory monitoring.
Baker Hughes launches CarbonEdge™, a digital platform for carbon capture, utilization and storage projects, facilitating risk management and regulatory monitoring.
Regulated carbon markets saw their prices rise in August, while the voluntary market faced difficulties linked to the quality of credits and a lack of liquidity.
Regulated carbon markets saw their prices rise in August, while the voluntary market faced difficulties linked to the quality of credits and a lack of liquidity.
Germany blocks emission reduction certificates for projects in China after detecting irregularities, calling into question the reliability of carbon offsets on the European market.
Germany blocks emission reduction certificates for projects in China after detecting irregularities, calling into question the reliability of carbon offsets on the European market.
Haffner Energy and IðunnH2 partner to use biocarbon in Iceland's 65,000-tonne e-SAF project, in response to carbon supply challenges.
Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.
Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.
TotalEnergies is investing USD 100 million with Anew Climate and Aurora Sustainable Lands to strengthen the sustainable management of 300,000 hectares of forests in the United States and optimize carbon sinks.
TotalEnergies is investing USD 100 million with Anew Climate and Aurora Sustainable Lands to strengthen the sustainable management of 300,000 hectares of forests in the United States and optimize carbon sinks.
According to Rystad Energy, demand for hydrocarbons will remain high. Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
According to Rystad Energy, demand for hydrocarbons will remain high. Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
The use of captured carbon dioxide can improve the profitability of carbon capture projects, but economic, technological and regulatory constraints hinder its widespread adoption.
Regional carbon exchanges in China are diversifying their role by testing new sectors for the ETS, developing carbon finance products and facilitating cross-border trading.
Regional carbon exchanges in China are diversifying their role by testing new sectors for the ETS, developing carbon finance products and facilitating cross-border trading.
Asia-Pacific is making progress in CCUS, but high costs and regulatory challenges are holding back progress.
Asia-Pacific is making progress in CCUS, but high costs and regulatory challenges are holding back progress.
Zambia is moving forward on Article 6.2 with a bilateral cooperation agreement with Sweden, aimed at boosting the cross-border carbon credit market.
Zambia is moving forward on Article 6.2 with a bilateral cooperation agreement with Sweden, aimed at boosting the cross-border carbon credit market.
Deep Sky is carrying out preliminary studies in Bécancour and Thetford Mines to assess the potential for CO2 storage and reinforce Quebec's industrial decarbonization.
Woodside Energy acquires OCI Clean Ammonia Holding's low-carbon ammonia project for $2.35 billion, including CO2 capture capacity in Texas.
Woodside Energy acquires OCI Clean Ammonia Holding's low-carbon ammonia project for $2.35 billion, including CO2 capture capacity in Texas.
An analysis by Wood Mackenzie reveals that CCS-EOR could often offer lower net emissions than CCS-Storage, thereby reinforcing the energy transition.
An analysis by Wood Mackenzie reveals that CCS-EOR could often offer lower net emissions than CCS-Storage, thereby reinforcing the energy transition.
The Ministère de l'Environnement du Québec will organize a mutual agreement sale of carbon credits on September 26, 2024, offering a solution to companies in difficulty.
The Ministère de l'Environnement du Québec will organize a mutual agreement sale of carbon credits on September 26, 2024, offering a solution to companies in difficulty.

Advertising