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.

Share:

FPSO Agogo en Angola

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
The GOCO2 project enters public consultation with six industrial players united around a 375 km network aiming to capture, transport and export 2.2 million tonnes of CO2 per year starting in 2031.
TotalEnergies reduced its stake in the Bifrost CO2 storage project in Denmark, bringing in CarbonVault as an industrial partner and future client of the offshore site located in the North Sea.
The United Kingdom is launching the construction of two industrial carbon capture projects, backed by £9.4bn ($11.47bn) in public funding, with 500 skilled jobs created in the north of the country.
Frontier Infrastructure, in partnership with Gevo and Verity, rolls out an integrated solution combining rail transport, permanent sequestration, and digital CO₂ tracking, targeting over 200 ethanol production sites in North America.
geoLOGIC and Carbon Management Canada launch a free online technical certificate to support industrial sectors involved in carbon capture and storage technologies.
AtmosClear has chosen ExxonMobil to handle the transport and storage of 680,000 tonnes of CO₂ per year from its future biomass energy site at the Port of Baton Rouge, United States.
The Dutch start-up secures €6.8mn to industrialise a DAC electrolyser coupled with hydrogen, targeting sub-$100 per tonne capture and a €1.8mn European grant.
Japan Petroleum Exploration is preparing two offshore exploratory drillings near Hokkaidō to assess the feasibility of CO₂ storage as part of the Tomakomai CCS project.
The Singaporean government has signed a contract to purchase 2.17 million mtCO2e of carbon credits from REDD+, reforestation and grassland restoration projects, with deliveries scheduled between 2026 and 2030.
The Canadian government is funding three companies specialising in CO2 capture and utilisation, as part of a strategy to develop local technologies with high industrial value.
European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
Zefiro Methane Corp. completed the delivery of carbon credits to EDF Trading, validating a pre-sale agreement and marking its first revenues from the voluntary carbon market.
Hanwha Power Systems has signed a contract to supply mechanical vapour recompression compressors for a European combined-cycle power plant integrating carbon capture and storage.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Frontier Infrastructure Holdings drilled a 5,618-metre well in Wyoming, setting a national record and strengthening the Sweetwater Carbon Storage Hub’s potential for industrial carbon dioxide storage.
The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Singapore signs its first regional carbon credit agreement with Thailand, paving the way for new financial flows and stronger cooperation within ASEAN.
Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.